PatienceIsParamount

PatienceIsParamount

It seems that big push to 65500 was just a trap, as expected. We are still on track with my previous idea forecasting BTC to consolidate around 52000 to 54000 for the next 2 months, until July. As you can see on the 2H chart, we experienced a failed inverse head and shoulder pattern. Price target is 53500 cents within the next 7 days. Remember, patience is paramount.

PatienceIsParamount Updated 

Hello my friends! I am back after a long break. Bitcoin has just experienced it's 4th halving event. I took it upon myself to look into past Bitcoin price movement patterns, looking into how Bitcoin's price reacted immediately after Bitcoin experienced a halving event. I'm primarily using a historical time-based analysis approach. Here are my findings: -...

PatienceIsParamount Updated 

Hello everyone, Bitcoin seems to be holding out well from a massive drop in these recent days. Right now, it seems to be forming a bullish divergence. We can also see a pennant forming. Set a stop loss if it breaks the pennant downwards. Buy if it exits upwards :) - Remember, Patience is paramount! ...and good luck to you all!

PatienceIsParamount Updated 

Hey guys, As we can see, volume is clearly decreasing. I've checked out any instances when deceasing volume lead to a price increase in BTC, and I could barely find any. Therefore, the chance of BTC going up in this low-volume situation, is very rare. Also, a mini-head and shoulders is forming. However! This could end up forming a larger greater inverse head and...

PatienceIsParamount

Hey guys, MCO seems to be forming a triangle pattern right now. I personally think think it will exit out of the triangle upwards, as opposed to downwards. Cryptocom typically release major news when the market conditions are favorable, and right now, it seems favorable. It the announcement of MCO Visa Card getting the green light for operations in the US...

PatienceIsParamount Updated 

Hey guys, MCO seems to be forming a head and shoulders pattern, and looks poised to go down to around 0.000577 due to it's decreasing volume. Also, BTCUSD looks like it's about to experience a big drop within the next day or so, bringing altcoins down with it. Be sure to sign up to the MCO app using the referral code P195VO5VKA , to score some free bonus...

PatienceIsParamount Updated 

Hey guys, If MCO manages to breakout of that green trend-line, then that's definitely a buy signal in my sight. Also, we got the EMA (7, 231) on the verge of crossing. Crypto.com typically release news on favorable bullish market conditions like this, so I expect some news to be released this week that will act as a catalyst for the upcoming bullish price...

PatienceIsParamount Updated 

Hey guys, Seems that a possible major trend line maybe found. Typically, past resistances, become new supports. BTC might go down towards 3500, but I don't see anything lower than 3K happening.

PatienceIsParamount Updated 

Hey guys! This is what I think might happen from 2018 to 2020. I believe Bitcoin may touch down on the critical trend lines as seen in the chart, sometime in late December or the beginning of 2019. From now until that happens, I think we'll just see sideways action from Bitcoin, with Altcoins increasing in value. As we can see, volume is also reducing, further...

PatienceIsParamount Updated 

Hey guys, As we can see, BTC seems to be in a symmetrical triangle. According to the hidden bullish divergence we see, as well as the decreasing volume, I conclude that this symmetrical triangle is going to exit downwards instead of upwards. For a more detailed and long-term analysis, feel free to check out my related idea (Wyckoff Accumulation Scenario -...

PatienceIsParamount Updated 

Hey guys, It seems we could be in a Wyckoff accumulation pattern right now... Currently, we're in phase C, waiting for the spring that will break existing supports, go down into the $4-5k range, and then spring up. During the next 2 months, the SEC will decide on 9 Bitcoin Elf's, and we should know the outcome by the 30th of September. Personally, surely, at...

PatienceIsParamount Updated 

Hello guys, It's been a long time since I've made an idea on ICON (ICXBTC). ICX has decreased in value severely in these past months. It seems to me that ICX has bottomed out. Firstly, the extreme selling frenzy seems to have died down, as can see in the reduced selling volume. Also, a potential rounded bottom and a double/triple bottom seem to be...

PatienceIsParamount Updated 

Hey guys, Here's my take on LTCBTC right now. The RSI is quite oversold right now, so it should go up and recover any time soon within this week or next week. Once it reaches it's critical point, late 2018, it should, hopefully, touch down on the trend line, and spring upwards. Remember folks, Patience is paramount! Good luck!

PatienceIsParamount Updated 

Hello guys, This is how I think things may turn out this year for Bitcoin. We've got the last cup and handle from the last 3 years, and this year it looks to be forming the same thing, but in just one year. I've also matched up the fib retracement accordingly. Also, this year's cup and handle may extend just like before. The end of year target is anywhere...

PatienceIsParamount Updated 

Hello guys! This is what I think will play out for MCO during August-September. BTC just had it's rally towards $8,500, and it now looks to be correcting itself back down to the 200-day MA on the hourly chart, which looks to be around 7700-7900. This should take down alts as well. Once BTC reaches that 200-day MA level and rebounds, alts should pick up steam and...

PatienceIsParamount Updated 

Hello guys! This is a bullish scenario which I see playing out for Bitcoin. It should, hopefully, touchdown on the 200-day EMA, and then bounce off, and thus form a handle formation. Also, volume seems to be increasing a lot lately. If this all plays out well this week and next week, and we remain bullish, then the ultimate target of this C&H is...

PatienceIsParamount Updated 

Hey guys, Exciting times here for Monaco (MCO), or should I say Crypto ;) Monaco Card rebrands to 'Crypto' and acquires crypto.com domain name, as well as releasing a new whitepaper and new card perks. ... all this, whilst MCO is in the handle formation of a major cup and handle. I expect MCO to increase significantly in value this week. Anyways,...

PatienceIsParamount Updated 

Hey guys, This is version two of my following idea: I previously called 7900 the bottom of this downtrend. It looks like it is in fact 7800. A major possible inverse head and shoulders could be forming for BTCUSD (and a head and shoulders for BTCShorts :D). This should detract the clever shorters with bags of money from shorting. I strongly believe in the...