Plotted out the DDOS attacks and outages for #btce #bitfinex #coinbase #poloniex. Test attack worked. DDOS-dump made a fortune in shorts. Test attack: 6-7th June Second attack: 12-15th June
With a successful inverted head and shoulders break out, the rally found volume and broke through previous resistance at $2675 which was confirmed in 3 zones. A minor correction has occurred but this is only to test the resistance zone for support. A doji has formed indicating possible support. Target for long position remains $2900.
With support of Bullish OBV breakout. Suspect resistance at $2900. Previous price resistance and 4h Pivot point R1.
Price appears to be oscillating around the $xx00 levels. With the break up of $1800, a high retest is likely, which previously resisted at $1900.
With a strong price rebound in 2017, even in light of increased Bitcoin price; Ethereum has bottomed as previously anticipated on prebubble resistance turned support. Now consolidating, moderate bollinger bands expansation is seen anticipating further price upside. With today's release of EEA (while strictly for private networks), I expect further interest to...
Observed here is a topping out period on the SPY with the volume forming a descending triangle, a typically bearish consolidation period. Due to the extended bull market and attempted top picking, this will be purchased on SDS and using dollar cost averaging until September 2015 with a 10 cent trailing stop. September 2015 has been chosen due to my own experiences...
Here we can see a false breakout on the bearish trend we have been holding since March 16th. This was observable on OBV on a bearish volume divergence, the lower is lower on a higher high for price. This broke down after reaching the end of the the lower bullish OBV trendline and accelerated when it broke the same trend but on price support. With this break...
We entering the top of the support region from 275 to 325 dollars. A well tested area for bullish support. Considering we are on top of a bullish support line from early october and near volumetric support on OBV, I would not be surprised to see a bull run soon.
We are beginning to see a bullish divergence on OBV with the 4h chart, likely soon on the 1h chart. Here appears to be a reasonably safe buy, risk can be adjusted for with dollar cost averaging. I believe it is unlikely to dive, looking at the OBV curve unless there is an outside news influence.
If no short was taken at 38x with the OBV divergence, we may have a good re-shorting opportunity soon. The OBV is nearing the bearish trendline and the bullish price momentum is topping out. A good move would be to re-short soon with a tight stop loss should the OBV be breached, with a long position as a contingency.
See notes on chart. Expected bear move occurred, however late. No OBV divergence, recommend to hold short until the trend is broken then buying in for a long position.
Bitcoin has not existed during an extended oil bear however, does provide many of the properties to be considered a 'safe haven'. With recent increased popularity and bearish period, it would not be unexpected to have an upswing. During the right period, this could cause a bubble event. Probable bearish move to early 300s before a significant bounce to 500s+ in...
Please refer to chart text boxes.
Suspect bearish resolution to triangle forming, low target of 315-320 USD. Stop loss 290 USD. Unfortunately Microsoft news did not 'kill the bear', likely due to instant liquidation to fiat on Microsoft's part (unsubstantiated). As we can see on OBV, the support provided by this level is turning to a resistance zone. Bearish sell pressure is increasing. Next...
It appears oil is reaching it's optimal trade zone for picking the bottom price in USD. A diagram on OBV shows we will be reaching the bottom of the channel within the next month. Should oil decrease below 45 dollars, it should be an excellent buy and largely oversold. Price is skewed due to high value dollar during this deflation.
Jozza sentiment bet: 70% bear. Unfortunately bearish sentiment remains strong and while a retracement occurred, it has hardly any volume. Looking at another dip soon. Target for next dip is 315 dollars which has horizontal price support and regional volumetric support. Please see OBV chart where limp purchasing volume leaves the trace sitting on drawn support....
Selling stopped on the 1h OBV support exactly as expected. Due to oversold conditions, we can expect a short bull run here. Take special care to keep a stop loss as I believe this selling is not over in the current environment. Notable resistance levels: 353 - Old Fibb resistance, 340 - horizonal support price. 300 - old long turned resistance
Jozza bet: 80% bear. Price topping out confirmed. Next resistance: 353 - Old Fibb resistance, 340 for horizonal support price. 300 for old long turned resistance (Please zoom out). Expect a slow bleed on this one. It will likely not break 360 Most important thing to watch currently is how the price reacts to the shown yellow support/resistance line. If we...