bobjames1

bobjames1 Mar 30, 2019

When the shorts for BTC get ultra low then that means that the opposite of what the majority think will happen. Instead of going up (low shorts, high longs) it dumps (which we can see in history). What will happen? No one knows but the shorts have been this low for a while now and we are hitting support at the 4100 level... Seems like the bears are back in town tbqh

bobjames1 Mar 12, 2019

2019 for comparison: The Hall and Co 2.0 trading indicator seems to be outlining the bottoming fractal (assuming we are already at the bottom). We just had the local push to 4200 area before dumping then rising somewhat to where we are now. If the bottoming fractal continues to hold true then we are going to have a slow bleed for the next month or so until we...

bobjames1 Updated  Mar 4, 2019

So since we have this continual cycle of pump, consolidate, pump, consolidate; then dump, consolidate: I am expecting a Bart down. It could however go up instead. I am 100% sure though that we WILL see a massive candle very soon. If you want to short/long then flip a coin and put a tight stop loss. The reason I am expecting a Bart down is because this (according...

bobjames1 Updated  Feb 24, 2019

Using the Hall and Co trading indicator a BSO (Buy Stop Order) has been triggered indicating a local top. We should've had one for BTC but it didn't rally high enough to trigger one. There WAS however a BSO event for ETH: Looking back to the last consolidation period after the 2014 Bull we can see that there are two BSO Peaks and two massive dumps to confirm...

bobjames1 Feb 20, 2019

Support channel holds with better budgetary news coming out of South Africa for at least until the end of March. Price should rally to top of channel: potential swing trade. RSI swinging to the upside indicating bullish uptrend.

bobjames1 Updated  Feb 15, 2019

The pump we just had looks to be fizzled out, with volume returning to normal as well. We may actually see it bart back down again. The past 2 months have been riddled with barts (implying low-volume price manipulation). Unless we see some type of Chad staircase form then I suspect us barting down.

bobjames1 Feb 15, 2019

This is the most obvious bart in all of bitcoin history. Dead volume, sudden spike in volume and price, then dead volume and slowly bleeding price with a curving down RSI. Really if you don't understand how this space is manipulated by whales and exchanges to liquidate both shorts and then longs, then you should move over to forex or something.

bobjames1 Feb 15, 2019

Bad news in South Africa (power utility troubles caused the price to rally extremely high). The situation is somewhat normalized as of now but insolvency issues for the power utility company still persist. RSI shows super overbought so expect a drop sometime soon after slightly more uptrend and perhaps sideways. This is still in a strong downtrend on the...

bobjames1 Feb 9, 2019

BTC will rally to the 4xxx level before we dump back down to to the low 3000's for (hopefully) the last bottom test. When that happens it will probably be around a full year before the halvening happens and we will start the uptrend.

bobjames1 Updated  Feb 3, 2019

We had a failed breakout of the 200 MA confirming it as resistance. Now the price is being pushed into a seriously tight range, with RSI looking to break down and volume just getting lower. We may very well see 2k in the coming days...

bobjames1 Updated  Feb 3, 2019

It's happening. The Bogdanoffs made the call. Target 3300

bobjames1 Updated  Feb 3, 2019

BTC is heading into a very tight wedge, with the 200 MA as a confirmed resistance. Volume is also drying up. It will break out either up or down but since in November we saw the exact same thing then we are probably going to break down unfortunately. We will have to see.

bobjames1 Updated  Jan 30, 2019

I was granted access to the Hall and Co Trading 2.0 indicator. This is a weekly (W) indicator for bull periods that show buy areas , targets , and stop-losses . The BSO signal forms on a weekly candle, and when it closes it indicates a buy opportunity. However when used with the BTC daily (D) chart it seems to show where the peaks are, and interestingly where...

bobjames1 Jan 29, 2019

Depending on how you draw the line since ATH, it seems that we are potentially seeing new support. We may still be going down along this line however. The only thing is that this might hold for a couple days at best since we should pump again if BTC is going to follow the fractals from the last bear market (but it has dumped instead so we're basically in...

bobjames1 Jan 28, 2019

BTC price usually dumps during Chinese New Year (CNY), and the trend lines from the previous big dip show just that. What we're seeing right now might be anticipation for CNY (5 February 2019). If BTC just drops back to the 3200 or so support and recovers then I'm pretty sure a bottom is basically in, or very close to being in. The final bottom would only be...