dRends35

dRends35 Updated 

Bitcoin is forming another wedge that will likely break down into another domed structure and perhaps a last small impulse upwards will ensue as seen before. Two C wave fib projections are almost identical ($62689, $62869) and look to be a good area to short. I'm already holding a small short but will add a little in this area. Very good chance price will touch...

dRends35 Updated 

Bitcoin appears to be in Wyckoff Distribution Schematic 2. 58k was the real top with buying climax. From there heavy selling was the last action in this chapter and volume has been declining since. 62K top was a UT no-demand candle which sealed Bitcoin's fate. Price is currently in LPSY. Price should not be able to hold for any significant length of time from...

dRends35 Updated 

Weekly RSI at 95 has never been higher except way back in April 2013 when Bitcoin went from $4 to $250 in a year. Weekly shooting star - It could drop a lot from here.

dRends35 Updated 

FUD. Good luck. (I'm a student, DYOR)

dRends35 Updated 

short

dRends35 Updated 

Not financial advise

dRends35 Updated 

All those irritating adverts that buoyed the spirits of Joe Average. So lets see... Is Litecoin digital silver? Well, yes it is. In fact Litecoin is much more toxic than Silver and as a top 10 coin is perhaps showing the direction of crypto into the mire.

dRends35

All those irritating adverts that buoyed the spirits of Joe Average. So let's see... Is Litecoin digital silver? Well, yes it is. In fact, Litecoin is much more toxic and as a top 10 coin is perhaps showing the direction of crypto into the mire...

dRends35 Updated 

Pitchforks are a good tool for seeing trends and in this case, corrective price action. Throughout much of the 2014 trend, Bitcoin price respects the channel between the median to upper median lines. However it does foray down to near the lower median line to form the selling climax. Its interesting to see that the 200smma death cross on 2014 and current...

dRends35 Updated 

Comparing Altcoin charts with Bitcoin provides a perspective of current market sentiment and the future of Bitcoin and Crypto as a whole. The majority of altcoins are now loosing value significantly. Many of the larger coins are now losing all of their value since the 2018 'Altcoin season' and are whittling away to pre-2018 values. There are however a few coins...

dRends35 Updated 

Bitcoin seems to be cycling with symmetry, although duration is increasing. Currently it is respecting the 0.618 fib level of the previous oscillation (as did previous) and there is plenty of bearish divergence on the 4H. After the previous twin peak, Bitcoin sold off 42%, and 45% before that. So after if Bitcoin continues pattern, it could double top after this...

dRends35 Updated 

I found inverting the chart shows a lot about bias and it seems there is a lot of bias on TView with lots of arrows and EW, but if you happen to stumble upon this, tell me, does this chart look bullish or bearish to you? No indicators, no arrows, no pictures of rockets... I'm a novice btw, but also i don't have the bias of wanting a subscription, money etc. Just...

dRends35

Trend down. (Novice)