NotAChartist

NotAChartist

In my opinion it looks like BTC got a clear rejection from all the upper band of the channel. Maybe that we could go down again in the meantime? Zooming in we're clearly seeing that we got a rejection with the candle wick. Zooming in on the 15m en 1h we're seeing that a kind of rising wedge might be forming which could signal some more downward movement. In the...

NotAChartist

BTC retested the diagonal support but with a lack of volume (check the last green candle though) I'm looking forward to how this will play out, but it's not a good sign imo. It could hint on some more downside before potentially going up. I'm personally still bearish on the lower timeframes (including the 4h). That's why I'm also shorting this one. Doesn't...

NotAChartist

From a #TA point of view #BTC could go down to around 40K (I earlier stated 45K) on the weekly and still be bullish on the weekly timeframe. Which doesn't mean that I'm also #bullish on the lower timeframes. Actually, I'm #bearish on the 3D timeframe and lower. #Crypto #Bitcoin

NotAChartist

ETH is currently breaking through a barrier of resistance. The red zone of resistance is looking like it will be flipped into support. I personally think it could go up if it will re-test the red area as support. The RSI & MFI are saying hinting on more upside potential.

NotAChartist

Bitcoin is forming a falling wedge on the 4h. If it breaks the diagonal resistance I might long it (again). So frustrating to see that I got stopped out and it immediately took off. But, it's the price of risk management. It's always seems unnecessary until it isn't.

NotAChartist

After being away from the markets I'd really like to post again on Tradingview! I'll commence with LUNA. Imo it might be time for a reversal since it already corrected over 30%. It is right now forming a bullish divergence on the 4h, we passed the 0.78 fib level and right now we're heading into a heavy zone of support. I scooped up some LUNA at $38 and btw I'm...

NotAChartist

We suffered a dip on Bitcoin but that doesn't matter imo. These things happen, it doesn't matter how fundamentally bullish you're on a certain asset but the price will have some corrections. "When in doubt zoom out." We may have a dip, yes. Nothing goes straight upwards. We've continually been forming higher highs & higher lows (#bullish market structure for...

NotAChartist

Bitcoin is forming a rising wedge on the 4h (what is a bearish pattern). If it breaks the lower support then we're likely to see the 57-58K range. This may be a nice bounce since we're seeing a nice a wick from the bottom. Let's hope this will be a trend reversal but we should also be aware of the Bitcoin fundamentals which can (slightly) change (ie. the...

NotAChartist

Bitcoin got a dump pump 'n dump today. I believe it's due to macro economic factors. Nevertheless as I posted on Twitter already, dips like this can happen. A dip of 10% is nothing compared to the dips that occured in the last bull cycle. We've seen a lot of greed in the market and it's something to really take care off. I'll remain bullish in the short term if...

NotAChartist

It looks like Bitcoin is forming a bull pennant on the 1h. The technical target out of the bull pennant is around 70.7K. I would place my tp just slightly behind the target to prevent it from not being hit. I would trade this pattern only if it break out to the upside. this how my trade setup would like. What do you think about this set-up? NFA

NotAChartist

On this chart it looks like BTC got a confirmed breakout of the falling wedge, I'm curious how it will play out. If we see some strength in the movement (aka more volume) I might reconsider to open up a long. Still longterm bullish short-term it looks a bit indecisive/choppy. I think that if we don't make a higher high on the 4h it probably will be a bearish...

NotAChartist

When looking at the current BTC price you can see it broke down out of the symmetrical triangle and also broke the horizontal support. We also got a 4 hour close out of the triangle, so I'd say we have a confirmed breakdown. I closed all of my long positions earlier today but I still don't know yet if I should short or not, since we were in a heavy uptrend. The...

NotAChartist

Bitcoin just didn't hit my target yesterday in the red area as I described earlier. I unfortunately missed the entry at around 60.3K, these things happen eventhough I felt bad about it. But, another day another dollar! I'm looking for a trade to enter at around 62.4K because I expect the marketbreak on the 15 min to take us there. It would also confirm a retest...

NotAChartist

Bitcoin is forming a symmetrical triangle on the 4H. As can be seen it bounced perfectly during the dump and I might be looking for a long opportunity somewhere in the green area. If we bounce of course, if not, it may offer a opportunity to short but I'll pass that one probably. If we break up the technical target is around 68K, if we break down the technical...

NotAChartist

It looks like BTC formed a symmetrical triangle on the 4h and perfectly bounced of the support at around 60K. I think that if we can hold this level of support we'll see a surprising November. But if we lose this level, and decide to go downwards I don't think that November will be that good since tonight (depending on your timezone) we're also having the monthly...

NotAChartist

What we're seeing here is a Bitcoin head and shoulders. That means some more downside on BTC. It was clearly that after we broke the neckline at around 60K we went down hard. I think that we can go down some more. But to be honest, I'm preparing to get back in again when the RSI will hit the lower band. At around 55-53K.

NotAChartist

It looks like Ethereum is clearly forming a descending triangle on the 4h. The technical target is at around $4450, this is in confluence with the .618 trend based fib extension (so hopefully setting a new ATH and not a scammy one such as last week). The RSI indicates that there is space for more upside potential I think that we still can see some volatility...

NotAChartist

I already added to my long position, but if we're breaking into new ATH (and also price discovery) I'm putting in some bigger positions on BTC. It's just the tiny wick which we still have to conquer. But be careful, almost all of the owners of Bitcoin are in full profit now, they might take some profit and dump. As can be seen, we have turned the green boxes...