Don_Bossa

Don_Bossa

These are some situations that could happen. The 3rd one is the one I feel may be the most likely on reflection having seen this type of action before. I feel resistance is weak however support is exhausted from recent gains so may just dip slightly while support is gathered ready to break through the $700 barrier.

Don_Bossa

After much volume and powerful movement over the last few weeks, I think we have reached a peak after failing to break through the $680 zone. A great rally none the less. It's time for the Bulls to recharge with a short term dip into to the $500 zone which will be seen by many as the last time BTC will be so cheap. I expect a lot of buying at these prices and a...

Don_Bossa

One thing I love about Bitcoin is these massive pump and dumps. When they complete I find them a beautiful thing to study and analyse. I think they are one of the most important things you can try to identify if your day trading because they happen so frequently. Firstly, this was quite a large operation. I counted roughly 50k coins injected initially and 50k...

Don_Bossa

BTC just broke though the most bearish resistance support. For me this is now confirmed bull. I have overlayed the previous run up which hopefully gives an idea of what to expect price wise. Good luck.

Don_Bossa

One of the things I struggle to understand regarding continuing down is that why should it? Why should it complete the bear cycle? I think the environment has started to change at a point coincidental to a point where there is a case that the long term falling wedge has been broken and therefore closed.. From my limited trading knowledge and vastly in-superior to...

Don_Bossa

For many moons we have seen the big bad bear dump down on us from above, forming a beautiful wedge we all have watched in anticipation of a breakout to confirm trend reversal. The Gox saga has been talked to death over the past few months along with almost weekly china bans and BTC's being stolen from various exchanges. Recently I feel though this negative news...

Don_Bossa

As we approach the end of this long term bear wedge, what was previously predicted as another leg down has turned out to be sideways motion which is now hugging the resistance line, For me this confirms a break in pattern of the previous 2/3 legs down. The news on the Gox saga and china bans seems to be drying up and positive news taking its place. As we...

Don_Bossa

As we approach the end of this long term bear wedge, what was previously predicted as another leg down has turned out to be sideways motion which is now hugging the resistance line, For me this confirms a break in pattern of the previous 2/3 legs down. The news on the Gox saga and china bans seems to be drying up and positive news taking its place. As we...

Don_Bossa

I think this shows two points we could reach before the next step up.

Don_Bossa

Publishing this one because i'm interested in these pumps and dumps. I believe there is probably a group behind them who has the backing to manipulate the market this way and keen to see if there are any similarity's between the cycles. here I have marked out two which have followed a similar pump and a fairly similar dump.. Lets see how this pans out.

Don_Bossa

I meant to post this the other day but never got round but expected sideways motion to last until the weekend. If we look at the past two pumps they all follow similar 'paths. When you map arcs onto these it forms a kind of "Speed bump" (sorry couldn't think of a better name!) The initial pump followed by a dump which has created a support level then a sideways...

Don_Bossa

I similar to many people, feel we are close to a pinch point where the true value of bitcoin is shown to be going up or down. This is my analysis of how we have got to today and where we're headed.. Short term down another leg but long term up.

Don_Bossa

This is a repeat of the last chart posted but improved visually. Could be a week or two hugging the 500-530 but ultimatly I expect this to complete the long term downtrend.

Don_Bossa

The Yellow triangles show a pattern where the market has been periodically pumped and dumped over time. I believe we have have recently seen our last pump that reached long term bear resistance trend line. We should now see the price hug this line for a while before one more drop down to 370's then back up.... hopefully

Don_Bossa

Staying clear of this until the next move is made.

Don_Bossa

We're close to breaking 460, when that goes who knows..

Don_Bossa

Short long term, Might see a bounce up to 560 range but continuing down

Don_Bossa

Possible formation of Cup with Handle on BFX??