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Technical Analysis
Technical Analysis

Technical Analysis

Crypto: Hated by governments, banks and dictators. Loved by all those who believe in true freedom. Retired airline pilot...full time crypto enthusiast. #Freedom

Bitcoin Nearing Our $11,500 Target...Can Bulls Be Stopped?

23 Jun 2019 1 minute read 0 comments Workin

In my last update we discussed the blue sky between where bitcoin was ($10,400) and resistance at $11,500. Bitcoin continues to close in on that target, reaching a new yearly high of $11,300. Daily volume seems healthy and steady at just over $20 bil...

Is Bitcoin's next stop $11,500? Or is it Topping Out?

22 Jun 2019 1 minute read 0 comments Workin

Just a Quick Update before I go to bed...I'm BEAT! ;-) I've read all your public and private messages on my various social sites. Thank you for the incredible support and love you've shown me. I apologize for not answering all your questions, but hop...

Bitcoin Breaks Out...Eyeing $10,000!

21 Jun 2019 1 minute read 0 comments Workin

Yesterday I discussed a likely breakout to $9,700-$9,800. Today bitcoin has exceeded those targets, climbing as high as $9,930. Daily volume has spiked from about $15 billion to over $20 billion. In today’s video I discuss where price may be heading...

Is Bitcoin Preparing for a Breakout?

20 Jun 2019 1 minute read 2 comments Workin

Bitcoin seems to have confirmed a bullish ascending triangle pattern. That does suggest a break up, targeting approximately $9,750. This doesn’t mean it’s definitely going to break up. We know bitcoin has a history of painting bullish or bearish patt...

Analyzing Bitcoin, EOS, XRP, ETH, BNB, LTC and BAT: Quick Updates

18 Jun 2019 1 minute read 0 comments Workin

Bitcoin continues to trade above $9,000 as volume declines. We’re seeing strong resistance between $9,400-$9,600. In today’s video I analyze Bitcoin, EOS, BNB, ETH, XRP, LTC and BAT. We’ll discuss where prices may be heading next, key areas to watch...

Bitcoin Hitting New 2019 Highs!

17 Jun 2019 1 minute read 0 comments Workin

Bitcoin bulls have continued to impress, hitting another new 2019 high today of $9,430. Daily volume is steady. Shorts have spiked nearly 50% in the last 10 days. This would suggest bitcoin may have more room to run in the form of a short squeeze....

Analyzing EOS, BNB, BAT, ETH, LTC and XRP: A Closer Look

13 Jun 2019 1 minute read 1 comment Workin

Like Bitcoin, many altcoins are looking ripe for a larger move. EOS is peeking it’s head up and out of a wedge it’s been consolidating in these past few days. Binance Coin (BNB) just broke out of the bullish, descending broadening wedge we discussed...

Bitcoin Creates New Local High...Bull Trap or Bull Run?

12 Jun 2019 1 minute read 0 comments Workin

Bitcoin took out the prior local high, rising to nearly $8,300 before bears stepped in to push it back down. It’s currently trading within a major area of resistance between $8,250 and $8,150. Until we see a 4 hour candle open and close above this re...

Bitcoin, EOS, BNB, LTC, ETH, BAT and XRP Analysis: Waiting for Larger Move

10 Jun 2019 1 minute read 0 comments Workin

Bitcoin once again tested the $7,500 support yesterday. Bulls successfully defended it for a third time in the last 6 days. Predictably, price jumped to nearly $8,100 where bears once again defended resistance. This latest bounce happened on very lit...

Bitcoin, EOS, LTC, ETH, BNB and XRP Analysis: Bulls Put Up a Fight

7 Jun 2019 1 minute read 1 comment Workin

Yesterday we discussed how bitcoin would likely retest the $7,500 support. I had my doubts this support would hold a second time, but bulls proved again they’re not out of the fight. We watched a textbook double bottom bounce as price rallied to abou...