Nights Watch by Afrikoin

[BitcoinNewsMagazine]

Here is a six hour bitcoin/usd chart at Bitstamp with Bollinger Bands and RSI. Note how each time price has touched the lower BB there was a buy signal. The fact that price is above the 20 MA (middle band) is very bullish. Price target is $2600 at the upper BB. RSI is moving up but not oversold yet. Looking good.

[Afrikoin]

Afrikoin I am curious were you long bitcoin and profited at all from the run up from $891 to $2760? Or been in cash the whole time?

PS: still a bitcoiner

PS2: watching how price approaches August 1

What are we waiting for on August 1?

https://medium.com/@jimmysong/bitcoin-uasf-and-skin-in-the-game-7695031c5689

[Wekkel]

Here is a six hour bitcoin/usd chart at Bitstamp with Bollinger Bands and RSI. Note how each time price has touched the lower BB there was a buy signal. The fact that price is above the 20 MA (middle band) is very bullish. Price target is $2600 at the upper BB. RSI is moving up but not oversold yet. Looking good.
https://bitcoinnewsmagazine.com/wp-content/uploads/2015/09/screenshot-bitcoinwisdom.com-2017-05-29-15-40-54.png

Thanks.

Similar but different indicator: https://bitcointalk.org/index.php?topic=178336.msg19262261#msg19262261

[Afrikoin]

#Bitcoin's push higher still looks healthy via Cup & Handle forming. Break of $2,200 on @bitfinex targets $2,500. $BTCUSD

https://twitter.com/ToneVays/status/869248705341292547

[Afrikoin]

[Afrikoin]

thread


https://twitter.com/officialmcafee/status/869271222286254080

[Afrikoin]

Afrikoin,

thanks, that is very helpful for reference. According to:

"Wave 5 usually ends inside the windows of 62% of 0-3 and equal to 0-3 added to wave 4."

That would give us about 2600 USD per bitcoin on Bitstamp, do I understand it correctly? And thank you again.

Hey there!

great call!

seems you got this right! or close enough ie $2750 on stamp

Could you show us how you worked it out?

[Afrikoin]

[Afrikoin]

[Afrikoin]

Setup Sundays 2017-05-28

https://soundcloud.com/cryptogroups/setup-sundays-2017-05-28

[Afrikoin]

[Afrikoin]

Good day to everyone,

May 30 2017; BTCUSD In A Pullback That May Not Be Over Yet

We posted a few updates last week for Bitcoin and highlighted a reversal to lower levels. So far there was a nice deep pullback which we firstly thought it may come to an end soon, but after reviewing daily and intraday structure, we think that there can be more weakness or at least sideways price action within current environment. We see wave four which based on time compared to wave 2 may not be over yet. Also bounce on intraday chart from 1840 did not convince me so be careful with this ongoing "bubble". But after all.. what is a market bubble? For me it's something that has to do with "crowd psychology". But if everyone things its a "bubble" then this bubble may not be over yet. Markets normally breaks when its least expected...

source : https://www.tradingview.com/chart/BTCUSD/ukNYlp4n-May-30-2017-BTCUSD-In-A-Pullback-That-May-Not-Be-Over-Yet/?utm_source=notification_email&utm_medium=email&utm_campaign=notification_publish

[Afrikoin]

Some more pain or some more gain?

https://www.tradingview.com/chart/BTCUSD/G0GvA6K2-Some-more-pain-or-some-more-gain/?utm_source=notification_email&utm_medium=email&utm_campaign=notification_publish

[Dakustaking76]

The drop is placing his butts in price were going down right now
But for How long iT Will take like this??

[Afrikoin]

5 wave drop on the 1 minute chart

Possibly start of a C wave

should work its way up to higher time frames

i would say target is at least $2000

watch for more 5 waves down on the higher time frames

Or NOT

[Afrikoin]

fibs

[Afrikoin]

$2327

[york780]

Things are getting quiet on the forum. Thats a bad sign man. Bitcoin is slowly fading away. Eaten by less decentralized crypto's that are innovation & hype driven at all cost. Seems that we are the last men stading soon.

[bitebits]

Things are getting quiet on the forum. Thats a bad sign man. Bitcoin is slowly fading away. Eaten by less decentralized crypto's that are innovation & hype driven at all cost. Seems that we are the last men stading soon.

Since you are new here (and obviously talking your book): When there are tumble weeds in the speculation section, which currently is not the case, you can expect some sudden volatility.

[york780]

Things are getting quiet on the forum. Thats a bad sign man. Bitcoin is slowly fading away. Eaten by less decentralized crypto's that are innovation & hype driven at all cost. Seems that we are the last men stading soon.

Since you are new here (and obviously talking your book): When there are tumble weeds in the speculation section, which currently is not the case, you can expect some sudden volatility.

Not new here. Why cant we stay objective and look at the current market? It seems to be hard for you to stay objective on bitcoin. Money talks I guess.