drjames005

drjames005

Just a quick post of my 1 hourly $BTC/$USD chart I've been following. It looked like $BTC would bottom out again at ~$55.9K, the bottom of the ascending channel it's in and the bottom of the EMA 'snake' , before the next rally takes it up to $58-$60K -I've just covered my shorts from $57K and now going LONG although Binance never seems to have any margin coins...

drjames005

A quick update on my posts yesterday and the day before (linked) with my updated 4/24 BTC_USD chart at Midnight here Aust EST! After BTC rose to $38.8K 2 days ago, after breaking up out of the descending channel it's been in since Jan 5th (except for the brief Elon pump 29/01) it then fell back yesterday to $36.25K before rising again through today to $38K. The...

drjames005

Just a quick follow-up on yesterday's post which is linked. In the 20 hours since BTC has followed the path set out for it up to $39.5K perfectly! If my analysis continues to play out then the bulls should push BTC to $39.5K where it will be rejected, and I then see two scenarios: 1. The BTC bulls keep control and push BTC through $40K back into the ascending...

drjames005 Updated 

In my last post 10 days ago (linked) I was bearish after BTC had broken down at $31.5K out of the symmetrical triangle it was in, with possible downside to $23K. BTC did then drop to the bottom of the descending channel it was in to $28.5K, but strongbuying pressure then pushed it back up to the top of the orange triangle at $33.5K before it again fell back to...

drjames005

This is my $BTC/$USD 4/24 chart about 24 hours since my post last night which is linked. I want to be brief to give traders and crypto holders the most time possible for them to prepare their holdings as best as possible for another big plunge in the BTC price, and try to profit from Shorting BTC and ETH as I have done if they agree with my chart analysis. As...

drjames005

Update on my #BTCUSD chart from yesterday, this time showing the hourly chart with the symmetrical triangle Bitcoin is in now adjusted slightly. After my post yesterday BTC moved upwards strongly from $31K to test the upper border of the triangle at $35K, but was rejected falling back to $32K. The EMA ribbon and hourly and 4/24 chart patterns continue to look...

drjames005 Updated 

I'm almost too embarrassed to come back after my first bullish post on Bitcoin just before it plunged to $31K, although I did change my mind and Shorted BTC once it broke down through key support at $34K on 21st Jan with a downside profit taking area of $27K which was close to the lowest wick that day of 28K. And I called BTC bearish on Twitter last night 18...

drjames005

BTC broke up clearly yesterday to the upside from the smaller Flag pattern it was in you can see on my graph from 16/17th Jan 21 to 19th Jan 21, which had an upside profit taking area from it's "flagpole" at ~$45K. BTC is now in the larger Flag you can see on mt graph from 15th Jan to 20th Jan, and it's just touched the lower border of this at $36K and is...