Chart Analysis Featured Crypto Charts 4th June Bitcoin long term chart Last time we said ‘BTC sold off perfectly in line with expectations. So we need to look at the short term chart to see if wave 4 is close to ending before we start buying.’ c As you can see we fell just short of 38.
Chart Analysis Crypto Charts 119 Bitcoin Last time we said: we are trading sideways in a wave (iv) corrective triangle. I am looking for a break to the downside and test towards the $23k level to complete the 5 waves lower and end the wave 2 correction. Look to buy at $23'250 and
Chart Analysis Crypto Charts 118 Bitcoin We were bullish: Whilst above the $28'500 level As you can see from the chart once we broke that level we sold off sharply to put the short term bearish view into play. We stopped at $25'134 to end what should be the major wave
Chart Analysis Crypto Charts 117 Bitcoin Last time we said: ‘Whilst above the $28'500 level we will continue to look for higher, raise stops to that level and look to rebuy again $28'880’ We remain bullish and look for the BTC to accelerate higher with wave iii confirmed to be underway
Chart Analysis Crypto Charts 116 Bitcoin Last time we said ‘The sideways price action look like we are in the late stages of a wave b triangle. Once complete we will look for a thrust below $29'660 to confirm lower in the coming days and start to buy at $28'880, add
Chart Analysis Crypto Charts 115 Bitcoin Last time we said: ‘Look for a sell off from current levels and start to buy at $28'880 , add at $28'100 and again at $27'330 with stops at $26'000’ The sideways price action look like we are in the late stages
Chart Analysis Crypto Charts 114 Bitcoin Last time we said: Look for a sell off from current levels and start to buy at $28'880 , add at $28'100 and again at $27'330 with stops at $26'000. As last week we expect a sharp acceleration on a break back
Chart Analysis Crypto Charts 113 Bitcoin Last time we said: ‘It appears we have completed 5 waves up for wave (i) and are currently correcting in 3 waves. Look to buy at $28'900 and add at $28'100 with stops now at $25'800. Once the correction is complete we should
Chart Analysis Crypto Charts 112 Bitcoin Last time we said: Sell in the $27'150-$27'890 area with stop and reverse above $28'500 looking for a test of the $22'380 level We were looking for lower but luckily used a stop and reverse as we blew through the
Chart Analysis Crypto Charts 111 Bitcoin Last time we said: ‘Look for a sell-off to the bottom of channel whilst below $28'500. Wave Y will be equal to wave W at $23'260 but we would start buying around the $24k level and the bottom of the channel’ We fell short of
Chart Analysis Crypto Charts 110 Bitcoin Last time we said: ‘I believe we should see further consolidation followed by a break of the 26300 level which should see an acceleration towards the bottom of the channel to complete 5 waves for wave C. Wave A and wave C would be equal in length at 24274
Chart Analysis Crypto Charts 109 Bitcoin Short Term Chart Despite recommending buying at $27'400 last week, I am closing my position now and will look to rebuy around the $24'300 level. Given the sideways converging range bound price action (a corrective signal) of the last week, I believe we should see
Chart Analysis Crypto Charts 108 Bitcoin Short Term Chart Last time we said: Close shorts and go long at in the $25'188 – $26'536 area where we would start buying. Place stops below $23'000. Once wave (iii) gets underway we should see a sharp acceleration to the topside We traded
Chart Analysis Crypto Charts 107 Bitcoin Short Term Chart Last time we were said: ‘It appears that we are in the final stages of a corrective triangle given the range bound price action we have seen over the last 7 days. Look to sell around the $29'500 with stops at $30'500
Chart Analysis Crypto Charts 106 Bitcoin Short Term Chart Last time we were looking for a break higher and believed: ‘A break above $30k will see short covering on the futures and should see an acceleration towards $35k level’ We traded to $30'998 before selling off over the last 2 weeks. I have
Chart Analysis Featured Crypto Charts 105 Bitcoin Last time we were looking for a triangle correction to complete b with momentum dropping it allows for greater acceleration to the topside once finished in a wave (iii) of 3 which is often the strongest leg of a trend. Look to buy now at $26'350 and
Chart Analysis Featured Crypto Charts 104 Bitcoin Last time we said: Given the divergence in the MACD we are on alert for a sell off. If this is the case then look to buy at $24'200 and $22'900 stops at $19'500. The next target to the topside is $32'
Chart Analysis Featured Crypto Charts 103 Bitcoin Last time we said: we are now looking for major wave (iii) to rally in 5 waves. With initial targets above 27k. Given the break out of the channel we will call; wave (ii) in place we can raise stops to last weeks lows We traded much higher in
Chart Analysis Featured Crypto Charts 102 Bitcoin Last time we said: We are now correcting in wave (ii) that might take us below last weeks stop levels. I would lower stop loss levels to below $18'900 and look to add to longs at $21'415, $20'283 and $19'200. Once
Chart Analysis Featured Crypto Charts 101 Bitcoin Last time we were looking for a correction before higher. As you can see from the chart we dropped out of the channel and further than expectations. We said last time: Look to buy at the $22'900 and add at the $22'300. Place stops for
Chart Analysis Featured Crypto Charts 100 Bitcoin Breaking to new yearly highs last week confirms that wave (v) is underway and we remain bullish for BTC in the coming weeks. It appears that a wave ii correction is underway and if it takes the form of a zig-zag look to buy at the $22'900
Chart Analysis Featured Crypto Charts 99 Bitcoin Last time we said: Whilst below $24'255, the wave (i) high, we are looking for lower in 3 waves. This will provide us the opportunity to buy. Retracement buy levels come in at $22'160, $20'880 and $19'850. Add to longs at
Chart Analysis Featured Crypto Charts 98 Bitcoin Last time we said for a push towards the $25'900 but noted that: ‘divergence in the MACD, the downwards sloping green arrow, adds weight to a larger correction lower is imminent so look to reduce longs at the target level and look to rebuy on the subsequent
Chart Analysis Featured Crypto Charts 97 Bitcoin Last time we said: ‘Looking for another push higher above $23'300 to complete 5 waves up’ We broke to a high of $23'800 before trading sideways, to complete what I believe is the wave (iv) triangle correction. We should now see a push towards the
Chart Analysis Featured Crypto Charts 96 Bitcoin Last time we said: ‘so look to remain or get long on a correction to the $18'900-$19'200 level’ Looking for another push higher above $23'300 to complete 5 waves up. Looking at the MACD we can see clear divergence that hints that