cedarfox

cedarfox Updated 

This is a private idea. I have updated it with time periods of around 8d 17h, but this will need to be recalibrated about every week due to the market not being open 7d 24h. I believe this will be better than the last one. A dip in May presents a buying opportunity.

cedarfox Updated 

I believe we will have a buying opportunity in Bitcoin soon, I expect and am I looking for the optimal buying entry in May 2017. I personally believe we need to get a price lower than Feb 6 2018 low which was $6000. I am looking for a drop most likely to $4500 - $5000 approximately. I expect the possible range of the drop is anywhere between $3000 - $5400...

cedarfox Updated 

It appears that volatility is preparing to breakout or breakdown soon. There is good reason for it due to the fear in the marketplace. Have investor fears reached their peak? Or are we just getting started? I think we will have the answer soon. On the price chart, it appears we have an ascending triangle. On the MACD, we have a symmetric triangle. The apex...

cedarfox Updated 

I believe we may be near a market top, if you are like me you may be wondering where to sell. This is my attempt to analyze the current moves. I do think that the stock market is nearly in danger but that being said, it is definitely not a certainty that we have hit the top. I am not counting on any new highs though because in my opinion, we have already hit...

cedarfox Updated 

Bitcoin is falling and will likely more. We have immediate support at around $7650 area and at the 100% retrace of current move of $7240 and around $7000 from the lower trendline. If this lower trendline fails, then the price will very likely go to $6000 or lower. We may get to $6000 or lower, or possibly not. But even if so, I expect we will get a bounce...

cedarfox Updated 

The price has fallen, does it mean the bears have won? That remains to be seen. Check the one hour chart. Try to keep an open mind and to avoid thinking you know for certain what will happen. None of us know for certain. Follow the trendlines. Please see the chart. For now we have support at the $8200 -$8300 range and resistance at approximately $8894 fib...

cedarfox Updated 

Binance Coin BNB available at Binance (of course :) ) It has recently broken upwards through some downward trend lines. You can buy this with BTC or USDT or other coins on the BNB exchange. There is upcoming resistance at the fib lines as pictured on the chart. Prices below are for USD but you can calculate with the currency you want to use Entry $9.00 -...

cedarfox Updated 

As we can see that after a nice run up to almost $9200, we have lost momentum and the price as gone down to almost $8300. There is a support zone of approximately $8200-8300 and we are caught in a short-term downtrend, as well as the longer term downtrend. Which way will we go now? Check the chart where we have 1 hour candles. It's good to remember that...

cedarfox

This is my first attempt at publishing a TA. In this market, anything is possible. We may have already put in the bottom, but there is good reason to think we may go lower for a while. It is still possible that we have some temporary uptrends on the way down. On the chart we can see that the high on December 2017 was the high point of a wave cycle which...