2020 May

  Pattern: Rising Wedge within a Channel Up, +2.5 years running. Signal: Bullish as the 1D MA200 held twice within the Rising Wedge. Confirmation comes when the Triangle Lower Highs (inner) break. Target: 0.00075 (below the Inner Higher Highs trend-line of the Rising Wedge). ** Please support this idea with your likes and comments, it

  “Bitcoin is ponzi scheme”, “Can’t you see it is parabolic and dangerous?”, “The bubble will soon burst”. These are only a few of the common phrases that Bitcoin (and crypto in general) skeptics use to add value to their claims that BTCUSD will not last. Especially its parabolic nature. Well what if I tell

We can all see that Bitcoin is consolidating just below the $10000 mark these past few days. What some may not see is that if it continues this way for another 1-2 days, a Golden Cross will be printed on the 1D chart (for those not familiar it is when the MA50 crosses above the

  How does $13000 sound as Bitcoin’s next target? Given the quick and strong nature of the late March/ April recover, this is not such an unrealistic number, especially considering that we are now past the Halving event, which is historically extremely bullish for BTC on the long-term. ** Before we start, please support this

The moment cryptotraders have been waiting for is finally here. Only 5 days left for Bitcoin’s Halving No3. We all know the significance of this event and the fundamentals behind it regarding the supply. On this study I will focus on the Halving trend-line (i.e. the line that connects all Halving dates) and how it