CryptoSqueeze

CryptoSqueeze

I think we're going to see a nice spike up within the next few days. Ascending Triangle on 4H. Bitmex Open Interest is at $1.02 bil. Bakkt will be launching on Sept 23. I don't update my trades here frequently, if you want more updates on my trades, you can follow me on twitter. twitter.com

CryptoSqueeze Updated 

Gold has broken out from its long term consolidation with a rounding bottom. Expecting minor retracement back to $1450 levels which coincides with the short term support and 1st fib level retracement for bulls to recharge before pushing new yearly highs again. 4H time frame shows exhaustion with a descending triangle forming. Buy the dip.

CryptoSqueeze

Daily doji spotted. Expecting price to move to 10,500 for an OTE short entry towards $8,000. Setup would be invalidated if it trades above $11,000.

CryptoSqueeze

Okcoin's quarterly futures has been quite bearish and the premium hasn't recovered after each dump despite the spot price recovering and rising. It's premium is actually now lower than that when the new quarterlies was opened. This is something worth noticing despite numerous good news which includes: 1. Segwit (which might never get activated due to BU...

CryptoSqueeze

From the charts, we can see that there's no strong correlation between a new quarterly futures with the btc spot price. The term "Whales won't let you have cheap prices", is only true if the trend is up. Whales can also short. What matters most is the price trend and price action. New quarterly futures contract doesn't dictate that it's going up or down. My...

CryptoSqueeze

China lagging behind USD exchanges. Bad. From historical data, China always lead during a pump. There were 2 occurrences(that i could find) when China is lagging with this magnitude during sideways/pump. BOTH WHICH ENDED UP DUMPING WITH FULL RETRACE. (Blue rectangle) However, not all hope is lost just yet. Charts + Open Interest looks great. China might just need...

CryptoSqueeze

Dogecoin Fractals