BTC-240 breaks 50 SMA, expect lower prices

19 בדצמ׳ 2017

Bitcoin has respected the 50 SMA on the 4 hour chart every time it has touched it. Today 12/19 it traded thru the line. This candle has yet to close, however you should anticipate price to fall to the 100 SMA and the 2/1 Gann ratio.
Be ready to add to or initiate your position on Christmas Eve for the First Quarter Moon and extended Christmas Rally. Expect sideways with downward bias.

Follow my charts and learn more about Lunar Cycles.

21 בדצמ׳ 2017

עסקה פעילה

Clearly I missed this analysis. The 100 ma does not update for follow ups, however it has been clearly breached on the 4H chart. The 23.6 is holding for now on the daily chart (see daily update) so I do expect to see a bounce following the daily chart close as long as it does not close below 15,000. We have almost 4 days of trading prior to the first quarter moon so more damage can be done to those who HODL (IE the .382 at 14,259). In case your wondering, I'm one of those people who focus on the long term survival of BTC. I wish you well for the Christmas Holiday and good trading.

25 בדצמ׳ 2017

עסקה פעילה

The rally we have been expecting is right on time with the Asian Session, While volume will be much slower during the Christmas/New year I still expect the buying activity to be robust, especially during the next 3-4 days minimum. Target area looks to be 17,200.

26 בדצמ׳ 2017

עסקה פעילה

Today we have follow up with Bullish activity as this pair continues to defy gravity and downward pressure from the CBOE and CME. Expect more bullish action right up to the Full Moon on 1-1-18.

31 בדצמ׳ 2017

עסקה פעילה

Congratulations to those traders who took the Dec 24 trade when prices rallied from 13,606 to 16,063 to Resistance for the Christmas Rally. I did not expect the downward pressure that followed. However we have a new trade on the horizon today. It appears the rally has signs appearing already for the Full Moon Party which is official Beginning with the Asian session tonight. The full Moon is set for 7:52 AM
Monday Jan 1, 2018 Eastern Standard Time. Get in early so you can benefit from the Trade. Support and Resistance is at the dashed line at 16,230. Good Trading and Happy New Year to my followers. Its going to be a stellar year for coin-traders.
full run.