skyunlimited

skyunlimited Updated 

I believe we are in a bear flag. We may hit the bottom support line. I'm waiting for a double bottom on the stochastic oscillator.

skyunlimited

We'll be spending some boring time within the rectangle for a while, perhaps a few days. Let us be patient and wait for the perfect moment to enter long again.

skyunlimited Updated 

I'm seeing many bearish signals. First, there was a bearish divergence in the stochastic oscillator(yellow line). When it is hard to tell which side is higher or lower in the oscillator, we can compare the length of time the oscillator stayed in the overbought region. Clearly, we can see that the oscillator stayed in overbought for a longer time on the left side...

skyunlimited Updated 

I believe we have one more upward impulse wave left before a correction. Price action has been very bullish in the past few days. I believe it was the 3rd wave of the upward impule. The bullish momentum has been strong so I suppose price will find support at 0.236 or 0.382 Fibonacci retracement levels. Price had retraced at this range(yellow circled area) when it...

skyunlimited Updated 

I'm still bullish on BTC. We've hit bottom on June and price is in correction. However, we don't have strong momentum to move up immediately. We've almost reached 0.786 retracement level. Probability of seeing a lower low is very unlikely. We've seen a bullish divergence on the stochastic oscillator and this bullish momentum is still valid. I believe upward...

skyunlimited Updated 

BTC is looking bearish in the mid-term. We'll see one more lower low before we continue our bull run in the long-term. However, this is only a sideways correction. I believe we'll stay in the 6000-6500 range for a while before we go up again.

skyunlimited Updated 

I'm seeing some bullish signs. I've posted a long-term trend prediction with a bullish divergence on the 2 day Stochastic Oscillator. Now we are seeing another bullish divergence on the 12 hour chart too. A bullish divergence within a bullish divergence! I'm also seeing an inverted head and shoulder pattern with volume confirmation. A head and shoulder pattern on...

skyunlimited Updated 

We may see one more Lower Low, which I expect to be the last correction in the long-term trend. I expect price to go down once more but I'm not shorting as the risk is too high. I'd rather wait for the long position. You don't want to miss the next long position.

skyunlimited Updated 

Price is fluctuating but this is not the end of the correction. Price will go up and down. 20 MA and 120 MA will act as Support and Resistance Then we can go long for the long term bull run. Be patient.

skyunlimited Updated 

We're bouncing back up from the last decline. However, this is not the end of the correction. Price-wise, we've reached short target, but we need more time before we can start running bullish. The 20 MA is acting as our support line. You may trade the slight bounce but you don't want to miss the next correction as we may never see this price again for the next...

skyunlimited Updated 

I'm posting analysis for short, mid, and long term. This is the short term analysis based on the 4H chart. Price has dropped greatly in the past few hours. I wouldn't be too surprised to see a lower low, but I'm not too worried as I'm only trading 10% of my total investment currently. We'll go up once more. 120 MA is acting as resistance.

skyunlimited Updated 

We're in a correction. This will be our last major correction before a long bull run. Let's be patient and enter when the correction finishes.

skyunlimited Updated 

I believe we have one last bounce upward before a major correction happens. I'm waiting for the price to hit the support level. I do not recommend this trade to people who cannot react immediately since price will fall very quickly once we hit target.

skyunlimited Updated 

We may have one last bullish run before a major drop. Let's wait for the price to come down a little more before we enter long. However, the price will drop very quickly when we reach our target. Therefore, I do not recommend this long position to people that cannot react immediately.

skyunlimited Updated 

Let's talk about the big trend. We are waiting for E wave of the triangle. It took 1 month from point A to point C, so we may anticipate for wave E to finish around early June. That's when the big bull run will start. If you enter long position then, 129% Profit is expected in the short term. We may even make an all-time high so this is when everyone can start...

skyunlimited Updated 

Figure shows where we might see a bounce