spookytown

spookytown

The long from 3360 in my previous analysis has reached it's target of 3690. Since I don't see continuation happening, we probably go back down. Also, everyone is bullish... so what might happen? target 3234-3270

spookytown

It's called MOON

spookytown Updated 

The trade above was the trade I originally took in my previous 4h analysis. It is working out great and target is almost reached. Bitcoin is dropping slowly as expected and the bearish sentiment is building up. News about the VanEck ETF just came out right in time www.coindesk.com , But it had little to no immediate effect on the price. What makes me think we...

spookytown

Bitcoin was quite bullish on the lower timeframes and started breaking the equilibrium wedge up but rejected hard and has now trapped some fomo longers and shaked people out of their short. My guess is that we might resume the bearish trend but will build up the panic over the course of few weeks/months. We will likely stay above 3130 and range between 3200-3894...

spookytown Updated 

The wedge equilibrium is still forming and the decision moment should happen in a few days. Indicators are leaning bullish on the lower timeframes and we are breaking small local trends and holding the local uptrend. Bitfinex shorts are closing and longs are opening in the 3800 range as expected. Still the volume is dead and we haven't seen clear bullish...

spookytown

I see that a lot of people are looking at either a Inverse head and shoulder with the right shoulder at 3600 or a higher low around 3300. Few bears are calling for low 2k Bitcoin in the coming weeks and some have doom scenarios to at least 1000usd. What if 3k will break but hold? This analysis on the 12h chart gives that scenario. The highest dumping volume...

spookytown

Stock markets took a big hit lately and is due for a nice bounce, I expect one more drop to 5670 before it happens. Potentially we could bounce back to 6904 but profit should be also be taken at 6580

spookytown Updated 

ETH was quite bullish for the last week into christmas, I think that a lot of people bought the christmas rally end of year hype. It clearly shows it on the chart, a parabolic move up and breaking the upper trendline of the channel but rejected hard for now. It looks like a blow off top and we might get back to the trend start to shake out the mini-euphoria rally...

spookytown

My last inverse chart of ethereum was a banger. It hit my target pretty perfectly, but looking at it now it may have one more leg down. It broke the channel up and is now basically making a parabolic ascend on the inverse chart. A reverse bullrun you may say. RSI trendline on the daily hasn't broken yet and also didn't make a lower low. I took some fractals for...

spookytown

Bitcoin is at the moment great to trade because of the volatility. When trading smaller timeframes the chances of forgetting the bigger picture increases. I think that analysis paralysis is one of the big problems for daytraders, so I thought of making a high timeframe analysis since that shows the current trend better. As you see on the 3day chart, the trend is...

spookytown Updated 

Break the purple line is what the bears want, to anticipate on the break we could short 6600-6920 zone with stop above 7k Bounce could be played if we get there by longing above purple line around 6100 with stop below 5900 We are currently approaching a apex with a lot of uncertainty which way it will go so expect choppiness.

spookytown

highly speculative scenario on something that supposed to be one dollar

spookytown

A full body close under the trendline means freefall. Are you ready for capitulation?

spookytown Updated 

Nano had some real gains last month, which it is giving back now. This move could be a impulse move as there was a large volume increase and now lower volume decrease, with 1800 sats as important zone. Possibly a start of a bullish trend. It could find a equilibrium of lower highs and higher lows in this triangle for some time now. lets see where it will break...

spookytown Updated 

Reverse chart of ETH, useful when you're biased. Do you see how bullish this is? We just rejected of resistance as you can see but it was the first test and we broke the RSI trendline on the daily what means we probably going to consolidate, if we consolidate below resistance we would likely break it. Key zones to watch : 255-275, possibility for a short with...

spookytown

In my last ETHUSD analysis I said the dump would happen, it only got 2 likes, I assume people didn't saw it coming. Well, buy their blood and and thank them for their money. entry 95-101 stoploss 89 target 171-174 Trade safe!

spookytown Updated 

Imagine it, it may be a reality soon.

spookytown

We broke the yearly low as well as the November low after breaking the yearly support of 6k. If you missed the short, there will be another chance at the retest of the now support turned resistance. My gameplan is short the resistance with targets at lower-mid 4ks for the short term and play bounces back to resistance and if we break lower the mid 2ks as final...