BTC_Daily.Pips

BTC_Daily.Pips

Correction could take some time, but as long as price keeps over 500$, BTCUSD is still in uptrend. Expecting next wave to retest the ATH.

BTC_Daily.Pips

Edit: In the text inside OBV, there is a mistake, it was meant to be written "to last ST". Sorry for the mistake! An objective of the Wyckoff Method of technical analysis is to improve market timing when establishing a speculative position in anticipation of a coming move where a favourable reward/risk ratio exists to justify taking that position. Trading Ranges...

BTC_Daily.Pips

Week of 4th of June 2012 signals the dawn of uptrend with RSI making a new high at the level which will prove to play in important level. Week of 13th of August brought first correction of uptrend to about 0.764 from 17$. Week of 8th of April 2013 brought the next top of approx. 250$ before a 14 weeks correction to again cca. 0.764. Week of 25th of November...

BTC_Daily.Pips

Longed at 123.268 for another leg up, should it break 124.3, looking to close under the bearish bat completion at about 125.285 and short 125.538 once the pattern is complete and see signs of weakness, with the first target at around 122.67 and second target to complete the bullish bat, once it shows weakness there on lower time frames, will look to long there...

BTC_Daily.Pips

An update so to say of the chart published in february, that eventualy instead of the expected bearish butterfly has formed a bearish bat and a bearish gartley:

BTC_Daily.Pips

EURUSD daily uptrend started to show weakness again, with RSI diverging at 60 as resistance on each new highs of the pair (after previous top behaved the same at 70), noticeable divergence on MACD as well. Break of the trendline proved to be a nice sell signal. After today's price action, looking to lower the stop loss based on market structure on lower timeframes...

BTC_Daily.Pips

An update of an older chart, changed a bit the cycles to integrate better in the chart structure and fib channel ratios. More about the chart can be read here The range of the cycle we are in now looks much more similar with the previous ones now and clearer with its downtrend line. If it gets broken, then this is not valid anymore. Good short oportunity in this...

BTC_Daily.Pips

After a new low at the end of bear cycle, market corrects in 2 waves to 61.8% from the previous bearish cycle. The bearish cycle in this chart begins after 3 requirements are fullfilled: 1. Break the bullish trendline of the correction from previous bear cycle 2. Break down the last month's daily EMA so that it becomes resistance 3. RSI breaks solidly the 40...

BTC_Daily.Pips

Adter possible sideways in the 210-230 range, I think we shall inevitably break 210, which should bring us into the next stage to accelerate the downtrend. The target is preliminary, at that moment will watch the volumes on selloffs for the shorts' target. Previous Chart about another trend perspective with similar target: Also older chart of market...

BTC_Daily.Pips

Grids are built on one uptrend and one downtrend Fibonacci Channel, adding new channels as extensions. I solely use it for orientation purposes, provides additional info of the trend and positioning of the price. For now, after the upswing got once again rejected by the 0.236 downtrend fibo channel line on 6th of April, we have entered a new both uptrend and...

BTC_Daily.Pips

We are now in another choppy consolidation area, decided to go long on the last dip inside this triangle, which has the bottom in the OTE of the previous upswing from 210s to 290s, with stop loss under previous lows of this consolidation. Each selloff in this range took place on lower volumes, which is also a bullish sign of bottoming,plus some nice hidden bull...

BTC_Daily.Pips

The chart is pretty large and was not possible for an integral view. Dragging it offers additional informations. Besides the description text on the chart, would like to highlight also the uptrend and downtrend fib channels which offered great support and resistance on plenty occasions, which can be noticed better by zooming it in. Also, as the end of uptrend...

BTC_Daily.Pips

Added a 1 year downtrend fib channel to the older uptrend fib channel published earlier. You can zoom in or out to see what great entries it could have offered and also could still offer. Cheers!

BTC_Daily.Pips

This chart I published is part of discussion with user ProwdClown under comment section of www.tradingview.com Here you can see the channel and when is the optimal short entry during the downtrend (ingoring the swing trading here). So, now we are fluctuating under -0.618 and above -0.764 level of this fib channel. Proactive shorts anticipating the price to break...

BTC_Daily.Pips

Since the last Bubble, BTC has moved through one major Harmonic pattern to another: Bullish Gartley - Bearish Bat - Bullish Crab - Bearish Gartley - and now probably Bearish Butterfly forming After each new low, it had a swing up, then 61,8% retrace, then another logarithmically equal swing up (AB=CD) testing the major downtrend line from ATH. All this was part...

BTC_Daily.Pips

After a decent period of time, decided to share next possible targets and scenarios on long term on trading swings. I have renewed the prior longterm channel,which I posted half a year ago, with the next levels for Fib Channel, as they have given some great entry opportunites ever since, shorting all this on the trend at these level has been very porfitable. We...

BTC_Daily.Pips

Hello, just logged on trading view after some time, wanted to share about this opportunity. I have shorted on Friday, but I am publishing it as I see it now as a good shorting opportunity to continue the idea with the target of 300$, as the 50 EMA on hour basis has been serving as an excellent resistance for a long period, with the exception of the paypal...

BTC_Daily.Pips

Enjoy the beauty of harmony and holy ratios :) Update: sth is wrong here after I published, in the comment is the normal picture. To see it properly, drag the bar of prices up till the ATH shifts to Fib Line barrier. Thank you!