stewart_2611

stewart_2611 Updated 

-EMA 50,100 has crossed indicated bullish trend on weekly chart. -Enter buy with SL at 1.3029

stewart_2611

Trend: Weekly - Sideway Daily - Initial downtrend High probability trade to enter short with minimal SL. Weekly chart show sideway trend

stewart_2611 Updated 

-Wait for the price to go up a bit toward 1.18600 before confirming enter buy trade. Daily chart analysis:

stewart_2611 Updated 

Based on chart psychology: -Price have been ranging the past 2 days between 9750-9950. -Bull still hold their position and wait for it to reach 10k. -Less people enter market now. Most just wait & watching the price to break 10k. -Previous buyer might take their profit when market hit 10k. This might make the market having reverse spike. -For those who want to...

stewart_2611

-If the resistance at 111.650 is significant, we can enter short trade at the pullback. -Enter short trade at 111.650 with SL at 111.900

stewart_2611 Updated 

-GU still in the ugly trend. -I'm waiting for it go back to uptrend. -Probably the best place to enter buy is at 1.3400 Daily chart

stewart_2611 Updated 

-Price have break the previous resistance strongly. -Enter buy at 1.8800 if the price reverse to make correction. -Price might want to go further up to break next resistance at 1.2090 area.

stewart_2611 Updated 

-There is no sign of price retracement at all. -For those want to enter buy, you can buy at 9500 and put stop loss at 9000. Take profit at 15k.

stewart_2611 Updated 

-A good break was seen at 8500 on Daily chart as it was broken by full candlestick with small wick on both side indicated there is no struggle for it to go up. This mean there is less bear in the market and more bull as there is no bad news about Bitcoin yet. This week and next month probably just a good news and this will fuel the price moving to 10K. -For...

stewart_2611 Updated 

Big Dog Psychology Analysis -BTC price was reverse to 7900 just now and that make BCH holder take their profit and buy BTC at this good bargain price. -Big dog still believe BTC price will break level 8500. -We might go long again when the price break BCH new level at 1800.

stewart_2611 Updated 

-Price is still in the ranging channel. -Price might back to it uptrend if it able to break the resistance area.

stewart_2611 Updated 

-Close price still at 8000. Only the tail/low price below 8000 as on H4 chart. -Buying entry at 8000 will be good entry with SL around 7500. -On next US business opening, price will start to decide which way it want to rally.

stewart_2611 Updated 

-Candlestick range in H4 chart is getting smaller which the chart psychology telling us many still hold their buy position. There is minor buy and sell when the price going up and down between 8100-8300 range. -But for those who want to enter buy trade now, it is better to wait for the price reverse to 8100 and put your stop loss at 7900. -We will see price...

stewart_2611 Updated 

-The support zone at 8000 now look more strong and significance as the price start to bounce back when touching it. -Price making correction now before going up looking for 8500. -The best zone to make buy entry is if the price make correction near 8000 or 7700 with minimal stop loss.

stewart_2611 Updated 

-Price still in very choppy shape and in sideway trend. -MA 50 show sideway trend. -Price might make a steady movement if it manage to break Weekly inside bar channel. Choppy shape in Daily chart.

stewart_2611 Updated 

-After forming Pennants pattern, today price manage to break level 8000 again. -From the overall chart and the way price break level 8000, the big dog psychology analysis telling us that less Big Dog jumping in buy at 8000. Most previous buyer still holding their. But few hour ago some buyer close their trade causing the price going down a bit to 7920 (as in H1...

stewart_2611 Updated 

-Price still in sideway trend and no obvious trend as show by MA 50. -Price will make steady trend movement once it manage to break the Support & Resistance zone. -Best mode of trade now is Buy at bottom and Sell at top.

stewart_2611 Updated 

-Price still within the inside bar channel. -Price will move in good trend again once the channel broken.