2020

  So Bitcoin has started to show some activity again. Do you remember the ‘Underlying Trend-line’ which I initially published in June and revised in July? At that time, I called it “the most consistent trend-line since March”: Guess what. Not only does it still remain relevant to this day but also BTC is testing

  There has been much talk lately about the relationship of Bitcoin and the USD. I have even published a chart last month (September 27 the original that was deleted and I re-posted it last week) analyzing the relationship on BTC with the USD and the Money Supply: In this study I will examine the

  ETHUSD has been trading within a Channel Up on the 1D chart since early April. The price has traded on the lower half of the pattern for most of the time, which serves as the demand zone for accumulation. The upper half was used so far for profit taking by long-term traders. Though this

  Last week Bitcoin broke above its September 19 High, effectively crossing the short-term Resistance, reversing the sentiment to bullish. Why this happened? Well talks of a new stimulus package have been renewed and along that the U.S. Dollar (DXY) has started to lose its value in expectation that new money will be inserted into

  As the title says, the price broke above the MA50 on the 1D chart for thr first time since September 03. By doing so, it touched my first short-term target of $11500 as discussed on the idea below (on September 25th): And more recently as seen on October 06, as it broke above this

  Pattern: Higher Lows on 1D. Signal: (A) Buy as long as the Higher Lows trend-line holds, (B) Sell if it breaks. Target: (A) 0.00001400 (Lower Highs trend-line), (B) 0.00000450 (Support). ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** ——————————————————————————————————–