reuben161

09:09

reuben161

we delve into bitcoin using the autofib and the UCI indicator to see if we have a confirmation of the upcoming bullrun. Ideas here are for entertainment purpose only and should not be construed as financial advice.

reuben161

Hello ladies and gentleman, today we look at BITSTAMP:BTCUSD using the BNC:BLX . Only 2 factors determine the market and 2 factors alone, price and time. Using Fibonacci and GANN techniques with fractals i'm going to attempt to call the next bitcoin top 2 years early. TIME using Fibonacci time cycles, we can see them lining up with the top in the monthly...

reuben161 Updated 

dear readers lets take a look at the BTCUSD chart and compare it to 2015 we had a high with a failure to break higher again. we broke down and formed a V bottom (the lowest point) followed by relief rally and some consolidation. it is important to note that we never found a lower low again, and ultimately formed the first higher high which indicates that the...

reuben161 Updated 

We have seen the strong bounce from Eth:usd, we can expect a solid pull back to test support based on fib lines. we can draw it down to 114$ before we see a further surge. On the daily, the Td sequential gave us a 9 reversal below a 9 resistance with a current red 1, we also have fib 0.6fib level as resistance as well as resistance from previous price action. we...

reuben161

Bitcoin BITMEX:XBTUSD has finally broken down from the descending triangle to find support at the 3100 level. currently we can see a nice relief from the downside which can be attributed to shorts closing and support at the 3100-3200 level. looking at the high low variance we can expect a variance of between 50 and 500 dollars which should conclude to a $400...

reuben161

Having followed the long awaited breakdown from the gigantic descending triangle, we have found support around the 3500 level multiple times on smaller time frames. While i believe this level can be broken, it wont be without some relief from all the downside. Currently btcusd is in ascending triangle on the 4hr and daily charts. A breakout above 4350 should see...

reuben161

Bitcoin is being an insecure little schoolgirl who got dumped for the first time. Looking at BITMEX:XBTUSD we can see that it has formed a giant head and shoulders pattern and has broken down through all support after it failed at 10 000. We can see the 1200 sma is providing some support, should it hold strong we can expect to see a quick retest of 9500 however...

reuben161

good day ladies and gentleman, lets look at btc. the 4 hour chart has formed a head and shoulders patten which is currently breaking down, the elliot wave failed on the 5th wave.. it is wise to observe that the manner in which btc rallied out of the long term downtrend is super unhealthy for long term bullish movement and we can start to see this reverse now. we...

reuben161

Hello ladies and gentleman, boys and girls. Lets look at Xbtusd. We can see a trading channel formed and holding solidly. The long term down and uptrend has not been breached yet. Weekly chart is bearish with a bear flag. On the 4hr we can see a mini head and shoulders forming. The height of which gives us a target perfectly off the 7600 long term uptrend forming...

reuben161

Hello ladies and gentlemen, boys and girls, lets take a look at BITFINEX:BTCUSD . As you can see the long term down trend and the long term uptrends are meeting each other and we are at a VERY NB crossroads, we can see a bear flag forming on the weekly and daily charts, if we break down from here, there could be a lot more bloodshed with hopefully a final target...

reuben161

Howsit boys and girls, ladies and gentleman, lets take a look at BITMEX:XRPH18 . we can see a massive long term downtrend creating resistance that is holding strong. We have a symmetrical triangle and a descending traingle both reaching breakout point. Using a 1x leverage will yield you a nice return with your stop loss placed just below at the support from the...

reuben161

Howsit boys and girls, ladies and gentleman, lets take a look at BITFINEX:BTCUSD . This is it the moment we have all been waiting for, the moment when we find out who is stronger, bear or bulls. We can see the long term down trend meeting the long term uptrend line. a break above 9500 will confirm a new uptrend and can leave us with a retest of 12000 where we have...

reuben161

Howsit boys and girls, ladies and gentleman, lets take a look at btc COINBASE:BTCUSD . We can see a head and shoulders pattern forming on the 4hr to the value of 1250$. This breakdown falls perfectly in line with my target of 7500. Should the head and shoulders act as a reversal we can see a retest of 11500. A break above the right shoulder will indicate a...