The time to act..

Nov 16, 2018

is fast running out.

Nov 19, 2018

Trade active

It might not feel like it but the black Friday BTC sales will soon be over..

Nov 20, 2018

Trade active

Long term support channel broken on the daily chart. Next support line now at 3k... will wait until confirmation on the 3-day chart. BTC now very oversold. Good opportunity to dollar cost average in.

Nov 20, 2018

Trade active

Keeping an eye on this one, currently we're 75% correction from ATH (assuming 19.2k). In 2014 we stretched to a 85% correction, which would take us to 3k. At the moment we're holding long term trend on the daily support, will be interesting to see if support continues.

Nov 20, 2018

Trade active

Still holding the long term trend on the daily chart. There's a lot of folks saying the long terms trend is broken on the weekly charts, but I don't see the point in measuring the moves of the past few days until a full week is past. Yes, could still crash down to 3k, however if we're above trend at the end of the week, then we're cool.

Nov 20, 2018

Note

Another note of interest, look at the RSI! Never has there been so many sellers in Bitcoins history - who is selling and who is buying?! Could be the Bitcoin Cash wars, which is a good thing at the end of the day, don't want such individuals holding such large quantities of Bitcoin.

Nov 24, 2018

Trade closed manually

The long term trend line is broken. Let me say that again, a trend line that Bitcoin has been creating since the get go is no longer. That is incredible. 3k is the inevitable next stop representing a 90% correction. There's little to no reason why it should stop there as per previous correction since the long term trend line has now been broken. As before Stochastic & RSI charts now show oversold stronger than at any other point in the history of the project.

Nov 29, 2018

Note

Will the 200 week moving average save us from further despair?

Dec 12, 2018

Trade active

The 200 week MA may hold at $2800 but that does not mean the 3-day MA will not dip down to $1200.

Dec 25, 2018

Trade active

Bitcoin re-charging. One more visit to 3.2k area before something special?

Happy holidays everyone.

Jul 9, 2019

Trade closed: target reached

Higher highs now being replaced with lower highs. Correction surely now due.