filbfilb

filbfilb Updated 

This indicator uses On chain Transactions and Total Bitcoins to arrive at an under/over valuation. You need to change the scale to Log, i couldn't work out how to do it, if you can tell me i will update the script.

filbfilb

Silver adjusted for money supply. Long term play with attractive RR.

filbfilb Updated 

Bitcoin lost the critical $9500 level and is now looking to retest an aread of confluence below namely: - 200 day moving average at $8789 - The point of control of the whole move at $8600 - The 50% Fibonacci retracement level - The 20 and 50 week moving average at c.$8500 - The CME gap. In simple terms, i am looking to short a bearish retest of $9550 and am...

filbfilb Updated 

Bitcoin continuing to complete corrective phase to backtest $8k. Pattern has repeated twice previously, both on the close, both to close CME gaps and both resulted in continuation into buying interest. See them attached for reference. Both made alot of money. Weekly looks good to hold above the 20WMA which is critical on a macro POV. Im interested in $8k-8.1k....

filbfilb Updated 

Nice Bitcoin pump yesterday but PA is miles from out of the woods. Lets talk bull when these have been cleared: - POC Resistane - Diag Resistance - Multi Week Resistance - Monthly Open Resistance - Weekly Open Resistance Looking for a retrace to 6800-900 to see if we can get enough of a bounce to start asking questions about the resistance. Until then:...

filbfilb Updated 

Bitcoin Failed at its attempted adam and eve meme reversal yesterday - was pretty clear in the OBV breakdown and now we have the POC lost and acting as resistance. I am short from yesterday, looking for sub $7k prices before closing. Logic is that although middle of the range there is quite a clear AB=CD objective to around $6800 which is also the 78.6% fib...

filbfilb Updated 

Hi Everyone – well what a week last week was, incredible stuff. For the second time this year Bitcoin made a move which left people completely stunned. Sure, the 61/8% retracement is a good place to buy and something we have been tracking for some time, but a 40% upswing in one day off the back of some China news is unprecedented even for Bitcoin given its...

filbfilb

Looking bullish going into the weekend.

filbfilb

Everyone very bearish my friends. Operation save the monthly for the bulls.

filbfilb Updated 

Through 2019 Bitcoin has once again proven to be the best performing asset available to the masses, far surpassing the expectations of even the most bullish commentators in the space. A staggering recovery from lows around $3.2k of 2018, accelerated through to highs of 13.8k - around 4x to its peak. After such an impressive move to the upside, one which fast...

filbfilb Updated 

This is a continuation of the chart shared which helped be nail the absoloute bottom in 2018 please review the original chart and commentary for further explaination. As a recap, as Satoshi said himself rightly pointed out that commodity costs are likely to gravitate to production cost.. why? Because miners will sell into demand where revenue per unit > cost...

filbfilb

Two recent important pivot points for bitcoin in recent times - both with immediate differing outcomes, but ultimately both leading to the Inv . H&S taregt being reached. Im now leaning to the more bullish 2018 after the breakout yesterday. Drop a like / Follow on twitter. filb

filbfilb Updated 

Despite Bitcoin going ballistic, it does not mean we cannot approach this market with a calculated approach and avoid any panic. We have some clear objectives and targets as discussed on the chart. No need to panic here, develop an intermediate plan and stick to it to avoid panic. Let me know what you think will happen next. Follow on twitter etc for more...

filbfilb

The recent price action seen with Bitcoin attempting to break $9k (B) is a carbon copy the same as we saw when Bitcoin was attempting to break $6k (A). There was bouncing between the 61.8% and 87.6%, before eventually breaking through and then extending out towards fib level 4.272 at $8.5k. If we extrapolate that for the recent move at $9k then we get...

filbfilb Updated 

The analysis is on the chart.

filbfilb Updated 

See Chart. Let me know if you want to trial it.

filbfilb Updated 

I recently shared a post which illustrated how to use the OBV (attached - please review) which showed us how and why it is useful. In short, it combines cumulative price direction AND volume and helps illustrate where critical relative volumous price action takes place, relative to that which has taken place before it. In this chart we can see that once...

filbfilb

Bitcoin's Market cycle - One of the most defined textbook examples of the market cycle cheat sheet we may ever see. The chart is self explanatory showing the cycles we went through and the final phase we are now completing - Return to the mean (which is the center line of the pitchfork using candle sticks) Well this is how i will remember it anyway:) I will...