Videoblog & Technical Analysis for Bitcoin

[Lucano]

Good Morning Bitcoiners,

Bitstamp shows a weak price that keeps trying to find reaction from the buyers and why nota new up trend towards $827,00 can change the entire behavior of the market.
However, there is not solid signs from the buyers at the moment but if the price reaches $670,00 there is a chance for a new up trend towards $712,00 and $755,42 that can bring a new set of opportunities for the whole week.

Here, the weekly analysis

http://youtu.be/caj-xdQgJhA

[1714120702]

1714120702

[Lucano]

Hi Bitcoiners,

Price still weak and there is not intentions from the sellers to give up and the down trend still intact.

The daily chart show that price couldn't manage to reach $670,00 and instead it create the condition for new lower highs in 12H and 4H charts.

The 12 hours chart shows that if the seller can keep the control there is a chance for the price to reach $530,00 which will be the target for the day and it will create triple bottom floor which can cause a new reaction from the buyers and potentially new counter trends.
The 4 hours chart will have to penetrate the minor support on the left which is located at $590,00 to give a chance to the 12 hours chart to bring more sellers volume and confirm the correction for the major time frames.
60 minutes chart shows a new lower high trying to reach minor resistance located at $610,02 and if that happens a new potential sell of can help the sellers and their intentions to reach the major support $530,00.
We have to see an up trend that can reach $670,00 to change the behavior of the down trend to find opportunities intraday in small time frames.

Here, the pre market analysis.

http://youtu.be/GjSs7-wkzAc

[Lucano]

Good Day Bitcoiners,

There is not reaction at the moment with the price and we still see a consolidation in place in the small time frames.
$530,00 seems to be the major target nfor the sellers.
Lower highs in 240 minutes chart and 60 minutes chart can trigger the down trend and it can produce a sell off towards major support.
However, buyers have a change is they decided to trade the currency towards $629,93 which will deny the pivot in the 240 minutes chart and it can push the price towards $664,00.

Here, the Market Analysis.

http://youtu.be/7IHWGtIZ9PA

[Lucano]

Good Day Bitcoiners,

Price is not showing signs of reaction yet from the buyers side and we still have a chance to see the price visiting $530,00.
However, the $590,01 can be a level of reaction for the buyers and small time frames might bring new counter trends with 1 or peharps 2 targets. Get in, get out and be safe.

Heres, the pre market anlysis.

http://youtu.be/yIy8lSvGHqg

[Lucano]

Good Morning Bitcoiners,

Price reaches $530,01 and the buyers are reacting as we speak.
Counter trends can bring opportunities during the day and 15/5 minutes chart can have those opportunities right now.
$636.00 is the frst target for the buyer to reach and if the price reaches that area we might see more volumen coming an a new fresh rally will be  put in place.

Here, the pre market analysis.

http://youtu.be/xJVfijUw3pQ

[Lucano]

Good Morning Bitcoiners,

The price still no showing signs of reaction but, there is new supports that at the moment seems to bring a new potential reaction from the buyers side using the $550,00 as a point of reaction and a potential up trend trying to deny the bearish patterns such as the lower high in the daily chart.

Here is the Weekly Analysis.

http://youtu.be/P86mdZrZNXY

[Lucano]

Good Morning Bitcoiners,

New up trend is on it's way and price is trying to denay the previous lowe high and for that to happen we have to see the price reaching $646,00 so the lower high failure on the daily chart can bring a new positive sign to the market and the buyers volume can show up.

Here, the pre market analysis.

http://youtu.be/J1N79ZSSyWM

[F-bernanke]

Good Morning Bitcoiners,

New up trend is on it's way and price is trying to denay the previous lowe high and for that to happen we have to see the price reaching $646,00 so the lower high failure on the daily chart can bring a new positive sign to the market and the buyers volume can show up.

Here, the pre market analysis.

http://youtu.be/J1N79ZSSyWM

Thanks Lucano,

I'm always looking forward to your video's. I Also Appreciate the kind words for the Gox victems, although i'm not a victem myself.

[Lucano]

Good Morning Bitcoiners,

New up trend is on it's way and price is trying to denay the previous lowe high and for that to happen we have to see the price reaching $646,00 so the lower high failure on the daily chart can bring a new positive sign to the market and the buyers volume can show up.

Here, the pre market analysis.

http://youtu.be/J1N79ZSSyWM

Thanks Lucano,
I'm always looking forward to your video's. I Also Appreciate the kind words for the Gox victems, although i'm not a victem myself.

Thank you!!

[ShroomsKit_Disgrace]

I am a victim of Gox ("small" victim) and I really appreciate your words and of course, your analysis.

[Lucano]

I am a victim of Gox ("small" victim) and I really appreciate your words and of course, your analysis.

Thank you for the support.
Will get through this with more power than ever. FTW

[Lucano]

Good Day Bitcoiners,

Price still no showing enough power from the buyers side towards $646,00. Instead, is using small time frames to build supports that can help the major time frames to bring the buying patterns so a new up trend can push the price above $646,00 and the lower high on the daily chart will be deny by the buyers and a new message will bring more buyers and the trend could push the price towards higher levels.
That only will happen if the price reaches the pivot that at this point is key if we want to see a new up trend soon.

http://youtu.be/hZLCkWit4CA

[Lucano]

Good Morning Bitcoiners,

After 6 weeks of a down trend now, the price is tryng to push itself up towards new highs and still trying to deny lower highs on the daily chart.
If the new month bring a new up trend there is a chance for the buyers to change the behaviour of the price and if that occur we will see a new up trend towards $909.96 during the month.
The down trend still a real and it's a trend that need a break so new paterns can bring new opportunities.

http://youtu.be/fyrOVnU8Li8

[Lucano]

Good Morning Bitcoiners,

Long range candle stick on the daily chart that manage to deny 2 lower highs, that's a powerful message from the buyers and it seems like the price is building it's own path towards new highs in order to plant the seeds for a higher low in the monthly chart.
The price is building a new higher low in the monthly chart and it could bring more buying power to the market during the whole month.
Intraday is showing new opportunities that can give you all good returns if you a trading plan in place.

http://youtu.be/BOlu-W7YiOU

[Lucano]

Good Morning Bitcoiners,

Price is building interesting patter in the daily and 12 hours chart.
A new higher low in the daily chart could increase the possibilities for the price to bring a new up trend that can take the price towards major resistance.
12 hours chart is building the same pattern and if both time frames get synchronized that will be a powerful confirmation that the price will try to reach $825,00 in the next few days.

http://www.youtube.com/watch?v=gYO9dJdA5I0&list=UU984H0DP00LvDOvzSs2LbSw&feature=share

[Lucano]

Good Morning Bitcoiners,

Price is going back on track towards new high during today's market.
A new bullish flag on the daily chart and a new higher low on the 12 hours chart those are the main signals from the price right now that could lead the market makers and other traders to push the price towards $765.411 which could be the move of for today.

http://www.youtube.com/watch?v=_LVHNntfVBw&list=UU984H0DP00LvDOvzSs2LbSw&feature=share

[dnaleor]

Good Morning Bitcoiners,

Price is going back on track towards new high during today's market.
A new bullish flag on the daily chart and a new higher low on the 12 hours chart those are the main signals from the price right now that could lead the market makers and other traders to push the price towards $765.411 which could be the move of for today.

http://www.youtube.com/watch?v=_LVHNntfVBw&list=UU984H0DP00LvDOvzSs2LbSw&feature=share

Just want to share my ideas:

We are on the verge of breaking out of the large downtrend since the previous all time high:


If we manage to reach the levels above 765, I think a new rally towards 1000 is very possible

[Lucano]

good Day Bitcoiners,

Price is now control by the sellers and it's trying to go bellow $633,64.
The sellers have a chance to push the price down towards $610,00 as the first target and if a sellf off comes in $5335,00 could be the next target.
If this movement is just part of the consolidation and the price continue with building supports we might see an up trend trying to reach $655,00 to deny the 60 minutes over extended down trend.


http://youtu.be/XEqrXT0t04U

[Lucano]

Good Morning Bitcoiners,

Price is going back on track towards new high during today's market.
A new bullish flag on the daily chart and a new higher low on the 12 hours chart those are the main signals from the price right now that could lead the market makers and other traders to push the price towards $765.411 which could be the move of for today.

http://www.youtube.com/watch?v=_LVHNntfVBw&list=UU984H0DP00LvDOvzSs2LbSw&feature=share

Just want to share my ideas:

We are on the verge of breaking out of the large downtrend since the previous all time high:


If we manage to reach the levels above 765, I think a new rally towards 1000 is very possible

 

[Flatulenters]

Thank you for all this!!! I've been following your TA for quite a while now and have been learning a lot from it!