cI8DH

cI8DH Updated 

This is a simple comparison, not taking into account volume, RSI, MA, Ichi cloud or any other fancy indicator. The most distinguishing difference between the two periods are the two channels close to the down trend line. In 2014, a narrow channel acted as a support for several days (imagine poor traders waiting for breakout for such a long period of time) while...

cI8DH Updated 

I posted this in my previous idea update if you have been following me. Price action from Feb 6k low onward is overlapped. I scaled it down both in time and price. This implies that market is weaker compared to that time. Also, we are in a different stage of the market. The first stage started Nov 13 2017 and ended March 30th. Followed by a...

cI8DH Updated 

I am fairly new to this market. I have been trying to figure out how some are manipulating this market. This is what I understand so far. Phase 1: "They" buy BTC with fiat (aka: accumulation). Phase 2: buy alts with BTC (aka: pump). Phase 3: sell alts to buy back BTC. This leads to distribution of alts without significant drop in their price, since BTC price will...

cI8DH Updated 

Hi Guys, I am bullish on EOS. While BTC is sleeping, traders are looking for good alt coins. EOS and ETH (competing coins) are good alternatives that have shown some movements recently. As a developer, I like EOS. I think it will make to the top 3 if not 2. To the chart, the purple lines are the targets. Blue lines will provide support if EOS retraces or goes...

cI8DH

Hi guys, I think we are now in the most decisive moment since BTC hit 20k. If you look at the three blue fractals, you can see that they have been terminated by this tiny triangle. This triangle, like most other ones that we have seen since ATH, can be a running triangle which is a continuation pattern, i.e. more down move. It can also be a symmetrical triangle,...

cI8DH Updated 

The black line is the price action from Jan 17 onward. I posted it a week ago and it seems to work 50% The Elliot wave is a symmetrical Triangle, it is quite rare but still a possibility. I posted it last night and it may work. thepatternsite.com This is a previous instance of a symmetrical triangle in Dec 2017 FYI: I don't know Elliot wave analysis

cI8DH Updated 

See picture :) BTW, credit goes to @botje11.

cI8DH Updated 

I copied the pattern from 20K to 6k and scaled it in time and price to match it on the price action since 11.7k till today. There are two major deviance occasions so far but the rest are astonishingly similar. This is just a possibility. BTC can always surprise.

cI8DH

Picture speaks itself.

cI8DH

These two patterns look similar. I don't like BTC to go up. I don't believe it will go up because the market sentiment is not as positive. But, who knows, BTC likes to surprise us all the time.

cI8DH

It seems that we are repeating the previous pattern in a smaller scale. This is just a possibility.

cI8DH

the two patterns in red rectangle look very very similar. Let's see what happens.

cI8DH Updated 

We may end up somewhere between 9400 and max 10k. This is the most optimistic way I can see BTC's next couple of days. Pink down trendline is based on log scale. The pattern should look similar to the trip from Feb. 25th March 5th. I give 50% chance this scenario :D

cI8DH

See for yourself.

cI8DH

Previous 4h candles don't look good at all. None closed above Fib 23.6 retracement.

cI8DH Updated 

20EMA 15min chart might support the fall!