Analysis

[Fatman3001]

If that is a reverse h&s the person it shows must have some sort of physical condition. (or is wearing a padded suit)

If you were hanging upside down you might be happy to be wearing a padded suit! lol

The signs are there if you know to look for them.

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[BTCtrader71]

If that is a reverse h&s the person it shows must have some sort of physical condition. (or is wearing a padded suit)

If you were hanging upside down you might be happy to be wearing a padded suit! lol

The signs are there if you know to look for them.

Now THAT's what I call a padded suit!!

[smoothie]

Here's what I mean by inverse head and shoulders:



I'm not disagreeing with the master, just wanted a better visualization of what I was thinking.

that's a pretty messed up head and shoulders pattern.

Not saying the price can't go up above that resistance level but damn...that head and that shoulder on the left looks like a hunch back.

[RyNinDaCleM]

Here's what I mean by inverse head and shoulders:



I'm not disagreeing with the master, just wanted a better visualization of what I was thinking.

that's a pretty messed up head and shoulders pattern.

Not saying the price can't go up above that resistance level but damn...that head and that shoulder on the left looks like a hunch back.

Psst...
The head should be the lowest point of the pattern or it's just HH's and HL's (ie. a corrective trend)

That is more aimed at the people who are all behind this being a potential pattern. Not so much for smoothie

[gotmilk_]

I'm a bit worried because RSI is in highly in overbought area. It is close to overbought even on daily. So maybe a small correction could be in place?

I'd better worry about daily adx at 60. ADX > 50 usually hints about coming local top or bottom. However adx may rise much more than 50.

Indicators which showed overbought situation were right again. 4h RSI is now back down to 50 and we didn't break Fib 61.8% (around 260$)... New ride up or?

[RyNinDaCleM]

I'm a bit worried because RSI is in highly in overbought area. It is close to overbought even on daily. So maybe a small correction could be in place?

I'd better worry about daily adx at 60. ADX > 50 usually hints about coming local top or bottom. However adx may rise much more than 50.

Indicators which showed overbought situation were right again. 4h RSI is now back down to 50 and we didn't break Fib 61.8% (around 260$)... New ride up or?

Good chance we take a stab at 260, then more up.
This looks like a 4 on my indicators

[Joerii]

Figures may trigger and may fail, but triangle is not a circle anyway.

You do really sound like a prophet

[SmoothCurves]

I'm a bit worried because RSI is in highly in overbought area. It is close to overbought even on daily. So maybe a small correction could be in place?

I'd better worry about daily adx at 60. ADX > 50 usually hints about coming local top or bottom. However adx may rise much more than 50.

Indicators which showed overbought situation were right again. 4h RSI is now back down to 50 and we didn't break Fib 61.8% (around 260$)... New ride up or?

Good chance we take a stab at 260, then more up.
This looks like a 4 on my indicators

eh? https://www.tradingview.com/chart/BTCUSD/Da0kmpEi-Expanding-leading-diagonal-update/

[anthonycamp]

from the analizyz i get there its a bit of go to 280 max and 240 possible but not too shabby soo i see that no major importance between beeing 200 ro 300 if was 20 i still go BTC

[molecular]

from the analizyz i get there its a bit of go to 280 max and 240 possible but not too shabby soo i see that no major importance between beeing 200 ro 300 if was 20 i still go BTC

man, I tried 3 times but cannot parse this.

[Miz4r]

from the analizyz i get there its a bit of go to 280 max and 240 possible but not too shabby soo i see that no major importance between beeing 200 ro 300 if was 20 i still go BTC

man, I tried 3 times but cannot parse this.

My translation: "From the analysis I get price could go up to 280 max in the current rally, but back down to 240 is also possible and that's fine as well. Between 200 and 300 we're still caught in a sideways range, so nothing really important is happening until we break up above 300 or down below 200. I would still believe in BTC if we went down to 20 bucks."

[rjclarke2000]

from the analizyz i get there its a bit of go to 280 max and 240 possible but not too shabby soo i see that no major importance between beeing 200 ro 300 if was 20 i still go BTC

man, I tried 3 times but cannot parse this.

My translation: "From the analysis I get price could go up to 280 max in the current rally, but back down to 240 is also possible and that's fine as well. Between 200 and 300 we're still caught in a sideways range, so nothing really important is happening until we break up above 300 or down below 200. I would still believe in BTC if we went down to 20 bucks."

You are a genius. I had no idea what was meant either.

I though he meant he was 20 years old at the end 

[Tzupy]

from the analizyz i get there its a bit of go to 280 max and 240 possible but not too shabby soo i see that no major importance between beeing 200 ro 300 if was 20 i still go BTC

man, I tried 3 times but cannot parse this.

My translation: "From the analysis I get price could go up to 280 max in the current rally, but back down to 240 is also possible and that's fine as well. Between 200 and 300 we're still caught in a sideways range, so nothing really important is happening until we break up above 300 or down below 200. I would still believe in BTC if we went down to 20 bucks."

Next time someone needs a universal translator, ask Miz4r.

My opinion on next days: bulls will bang their heads against resistance, but won't be able to break, and next weekend we start a long term downtrend.

[idee2013]

Reminder:

Reminder:
this is the best one when you look at the finex chart, btc-e maybe too.
Uncle ben has collected his cheap coins now from jan 2015 until now. Something new should happen.
Shemitah is comming too. Maybe some groups want to use it to dump on those who flees from stocks (with a phat pump before). Maybe Gemini will do it?
I will not be surprissed when we get a repetition of end 2013.

I dont know ))

2011 fractal (not mine)

This one looks interesting, too

[masterluc]

This looks like a local triangle trying to break yearly vwap. If so, it denotes local 3.

[Fatman3001]

thx luc

[FuckScammer]

https://i.gyazo.com/ac15224311fbca031111b14ad454b073.png

  ADX is 70 now , Is this top already or wait wave 5?

[Afrikoin]

Reminder. Remember remember the 5th of November last year (2014)

Check this out.

Last year October, price was oscillating at 100 EMA. It wasn't strong enough to hold and fell.

This year, we've been oscillating at 200 EMA. If it isn't strong enough to hold, we'll fall again

[realdos]

  ADX is 70 now , Is this top already or wait wave 5?

ADX could be much more than 60 and price still going up.

[masterluc]

This looks like a local triangle trying to break yearly vwap. If so, it denotes local 3.

Too short triangle was. It may be extended wave.



PS. I like the volume dynamics.