Title
by Americanbulls.com LLC
Title
  • English
    v
Last Update
04/27/2023
GBTC
Grayscale Bitcoin Units
Last Signal: BUY
Last Pattern: BULLISH THREE GAP DOWNS
Last Close:
16.4400
Change:
+1.3400
Percent change
+8.87%
+ to Portfolio
+ to Watchlist
6 mo. Rating 4★
$100 ▶ 164
12 mo. Rating 2★
$100 ▶ 129
24 mo. Rating 1★
$100 ▶ 126
Signal Update
Our system’s recommendation today is to BUY. The BULLISH THREE GAP DOWNS pattern finally received a confirmation because the prices crossed above the confirmation level which was at 15.0650, and our valid average buying price stands now at 15.7300. The previous SELL signal was issued on 04/12/2023, 15 days ago, when the stock price was 17.2600. Since then GBTC has fallen by -8.86%.
Market Outlook
Let’s jump on our white horses and go for a bullish ride. Today’s candlestick has a white body and its close is above the confirmation level. The bullish pattern that was previously identified is finally confirmed and a BUY signal is generated. The trend is also bullish and perhaps it is the right time to participate in bullish fervor. The market is telling you about a new profit. Do not miss this bullish opportunity.
Candlestick Pattern Chart
The chart showing Series 1 series.
Pattern Description
This is a four day bullish reversal pattern. It consists of three consecutive days each gapping lower on the open. After Three Gap Downs the market becomes extremely oversold and ready for the reversal of the current downtrend. more...
The <b>Delayed Intraday Module : <color=red>OFF</color></b> chart showing Series 1 series, Series 2 series, Series 3 series, Series 4 series, Series 5 series.
BUY
There isn’t any pattern detected since the last signal, so the current BUY signal is effective. All you have to do is to wait for a new pattern.
Signal History
Date 
Price 
Signal 
 
$100⇨ 
04/27/202315.7300BUY 164.28
04/12/202317.2600SELL 164.61
04/06/202316.2100BUY 154.91
04/04/202315.9600SELL 155.22
03/31/202316.0660BUY 156.56
03/22/202315.6280SELL 156.87
03/14/202313.4900BUY 135.68
03/10/202311.4900SELL 135.95
03/06/202311.7325BUY 139.10
02/22/202311.6000SELL 139.38
02/15/202311.2300BUY 135.20
02/06/202312.0770SELL 135.47
02/01/202312.2810BUY 138.03
01/24/202312.1100SELL 138.31
12/30/20228.0560BUY 92.19
12/05/20228.8200SELL 92.37
11/15/20229.5100BUY 99.80
† Trade commissions are taken as 0.20%.
Date 
Price 
Signal 
 
$100⇨ 
04/27/202315.7300BUY 129.30
04/12/202317.2600SELL 129.56
04/06/202316.2100BUY 121.92
04/04/202315.9600SELL 122.16
03/31/202316.0660BUY 123.22
03/22/202315.6280SELL 123.47
03/14/202313.4900BUY 106.79
03/10/202311.4900SELL 107.00
03/06/202311.7325BUY 109.48
02/22/202311.6000SELL 109.70
02/15/202311.2300BUY 106.41
02/06/202312.0770SELL 106.62
02/01/202312.2810BUY 108.64
01/24/202312.1100SELL 108.86
12/30/20228.0560BUY 72.56
12/05/20228.8200SELL 72.71
11/15/20229.5100BUY 78.55
10/27/202212.3125SELL 78.71
10/24/202211.5500BUY 73.98
10/19/202211.2500SELL 74.13
10/17/202211.4600BUY 75.66
10/11/202211.1600SELL 75.81
09/28/202211.5000BUY 78.28
09/21/202211.6600SELL 78.44
09/19/202212.0900BUY 81.50
09/14/202212.5280SELL 81.66
09/09/202213.2800BUY 86.73
08/16/202214.9400SELL 86.90
08/12/202215.2200BUY 88.71
08/01/202214.2100SELL 88.89
07/28/202214.6100BUY 91.58
07/25/202213.9900SELL 91.76
07/14/202212.5300BUY 82.35
07/12/202212.3600SELL 82.52
07/05/202212.4450BUY 83.25
06/27/202213.6400SELL 83.42
06/21/202212.8800BUY 78.93
06/09/202219.4100SELL 79.09
05/25/202219.0500BUY 77.78
05/23/202218.5600SELL 77.94
05/13/202219.7000BUY 82.89
05/09/202222.2580SELL 83.06
05/04/202226.6900BUY 99.80
† Trade commissions are taken as 0.20%.
Date 
Price 
Signal 
 
$100⇨ 
04/27/202315.7300BUY 125.96
04/12/202317.2600SELL 126.21
04/06/202316.2100BUY 118.77
04/04/202315.9600SELL 119.01
03/31/202316.0660BUY 120.04
03/22/202315.6280SELL 120.28
03/14/202313.4900BUY 104.03
03/10/202311.4900SELL 104.24
03/06/202311.7325BUY 106.65
02/22/202311.6000SELL 106.86
02/15/202311.2300BUY 103.66
02/06/202312.0770SELL 103.87
02/01/202312.2810BUY 105.84
01/24/202312.1100SELL 106.05
12/30/20228.0560BUY 70.69
12/05/20228.8200SELL 70.83
11/15/20229.5100BUY 76.52
10/27/202212.3125SELL 76.67
10/24/202211.5500BUY 72.07
10/19/202211.2500SELL 72.21
10/17/202211.4600BUY 73.71
10/11/202211.1600SELL 73.86
09/28/202211.5000BUY 76.26
09/21/202211.6600SELL 76.41
09/19/202212.0900BUY 79.39
09/14/202212.5280SELL 79.55
09/09/202213.2800BUY 84.49
08/16/202214.9400SELL 84.66
08/12/202215.2200BUY 86.42
08/01/202214.2100SELL 86.59
07/28/202214.6100BUY 89.21
07/25/202213.9900SELL 89.39
07/14/202212.5300BUY 80.22
07/12/202212.3600SELL 80.38
07/05/202212.4450BUY 81.10
06/27/202213.6400SELL 81.26
06/21/202212.8800BUY 76.89
06/09/202219.4100SELL 77.04
05/25/202219.0500BUY 75.76
05/23/202218.5600SELL 75.91
05/13/202219.7000BUY 80.73
05/09/202222.2580SELL 80.89
05/04/202226.6900BUY 97.19
04/27/202227.1200SELL 97.38
04/18/202229.4650BUY 106.01
04/08/202229.8200SELL 106.22
04/04/202232.0800BUY 114.50
03/30/202232.1780SELL 114.73
02/25/202227.1750BUY 97.09
02/17/202229.6100SELL 97.28
02/07/202229.9700BUY 98.66
02/03/202224.6300SELL 98.86
01/31/202225.9850BUY 104.51
12/17/202134.5000SELL 104.72
12/15/202137.0600BUY 112.72
12/01/202145.7700SELL 112.95
11/29/202147.1800BUY 116.66
11/04/202148.8700SELL 116.89
10/29/202149.0300BUY 117.51
10/22/202148.7500SELL 117.75
10/13/202143.3300BUY 104.87
10/07/202141.6500SELL 105.08
10/04/202137.3600BUY 94.45
09/28/202133.2100SELL 94.64
09/23/202135.2200BUY 100.57
09/09/202137.4500SELL 100.77
09/03/202140.7300BUY 109.81
08/31/202138.0200SELL 110.03
08/20/202138.5720BUY 111.85
08/12/202137.0200SELL 112.07
08/05/202133.4640BUY 101.51
08/02/202133.8100SELL 101.71
07/22/202126.7790BUY 80.72
07/12/202127.3200SELL 80.88
06/09/202129.4100BUY 87.24
06/07/202130.5269SELL 87.41
06/03/202132.2500BUY 92.53
05/12/202143.6400SELL 92.72
05/07/202146.8800BUY 99.80
† Trade commissions are taken as 0.20%.







Pattern & Confirmation Chart for the Last 6 Months
The chart showing Series 1 series, Series 2 series, Series 3 series, Series 4 series, Series 5 series, Series 6 series, Series 7 series, Series 8 series, Series 9 series.
GBTC - Pattern & Confirmation History since 10/28/2022
Date 
Pattern 
Buy Level 
Stop Loss 
Sell Level 
Confirmation 
Signal 
Level 
Date 
04/24/2023BULLISH THREE GAP DOWNS15.065014.7800 15.730004/27/2023BUY
04/21/2023BULLISH THREE GAP DOWNS15.455015.1600    
04/17/2023BULLISH DOJI STAR17.120016.4900    
04/13/2023BULLISH HARAMI17.700017.0600    
04/11/2023BEARISH DOJI STAR 18.400017.430017.260004/12/2023SELL
04/05/2023BULLISH HARAMI16.190015.8600 16.210004/06/2023BUY
04/03/2023BEARISH HARAMI 16.460016.050015.960004/04/2023SELL
03/28/2023BULLISH PIERCING LINE15.610015.0200 16.066003/31/2023BUY
03/23/2023BULLISH ONE WHITE SOLDIER16.100015.3000    
03/21/2023BEARISH HANGING MAN 16.240015.780015.628003/22/2023SELL
03/20/2023BEARISH DOJI STAR 16.240015.7150   
03/15/2023BEARISH ENGULFING 13.570013.2700   
03/13/2023BULLISH KICKING12.650011.7500 13.490003/14/2023BUY
03/09/2023BEARISH ONE BLACK CROW 13.180011.800011.490003/10/2023SELL
02/27/2023BULLISH HOMING PIGEON11.622511.2000 11.732503/06/2023BUY
02/21/2023BEARISH HARAMI 12.280011.880011.600002/22/2023SELL
02/16/2023BEARISH HARAMI 12.680011.6500   
02/14/2023BULLISH ENGULFING10.850010.3000 11.230002/15/2023BUY
02/10/2023BULLISH HARAMI CROSS11.175010.5600    
02/07/2023BULLISH PIERCING LINE12.150011.7500    
02/03/2023BEARISH EVENING STAR 13.300012.320012.077002/06/2023SELL
01/31/2023BULLISH HARAMI12.150011.8500 12.281002/01/2023BUY
01/27/2023BULLISH ENGULFING12.360012.0600    
01/23/2023BEARISH DOJI STAR 12.820012.230012.110001/24/2023SELL
01/18/2023BEARISH TWO CROWS 12.000010.8300   
01/03/2023BEARISH HARAMI CROSS 8.30008.0425   
12/29/2022BULLISH ENGULFING7.98007.7400 8.056012/30/2022BUY
12/23/2022BULLISH ENGULFING8.33008.0500    
12/08/2022BULLISH HARAMI8.38258.0800    
12/01/2022BEARISH HARAMI 9.19008.89008.820012/05/2022SELL
11/29/2022BEARISH ENGULFING 8.91008.6900   
11/18/2022BEARISH STOP LOSS 8.5800    
11/14/2022BULLISH ENGULFING8.95508.5800 9.510011/15/2022BUY
11/10/2022BULLISH HARAMI9.65008.6700    
11/01/2022BULLISH TRI STAR12.030011.7900    


GBTC - Pattern Performance
Pattern 
Patterns
Total		 
Confirmed
Total		 
Profitable
Signals		 
Confirmation
 
Profitable
Signal		 
Per Trade 
Profit 
Loss 
Total Net Descending
BULLISH PATTERNS
  1610662%60%19%4%15%
  1512680%50%17%3%14%
  119581%55%17%5%12%
  31201164%55%15%4%11%
  32166%50%13%3%10%
  222100%100%8%0%8%
  127458%57%12%4%8%
  111100%100%8%0%8%
  54280%50%11%5%6%
  116154%16%7%2%5%
  1510666%60%8%6%2%
  95155%20%5%5%0%
  1000%0%0%0%0%
  2000%0%0%0%0%
  21050%0%0%2%-2%
  134230%50%5%8%-3%
  110100%0%0%5%-5%
  42050%0%0%8%-8%
BEARISH PATTERNS
  65283%40%15%4%11%
  85462%80%10%1%9%
  65183%20%13%5%8%
  26181069%55%11%4%7%
  2112657%50%10%3%7%
  111100%100%6%0%6%
  139769%77%8%3%5%
  1311784%63%8%4%4%
  1210583%50%8%5%3%
  54280%50%9%7%2%
  1000%0%0%0%0%
  2000%0%0%0%0%
  1000%0%0%0%0%
  21050%0%0%1%-1%
  115045%0%0%1%-1%
  110100%0%0%2%-2%
  53060%0%0%7%-7%
  443100%75%13%21%-8%
  110100%0%0%12%-12%

Disclaimers:

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Displayed information is based on widely-accepted methods of technical analysis based on candlestick patterns. All information is from sources deemed to be reliable, but there is no guarantee to the accuracy. Long-term investment success relies on recognizing probabilities in price action for possible future outcomes, rather than absolute certainty – risk management is critical for success. Error and uncertainty are part of any form of market analysis. Past performance is no guarantee of future performance. Investment/ trading carries significant risk of loss and you should consult your financial professional before investing or trading. Your financial adviser can give you specific financial advice that is appropriate to your needs, risk-tolerance, and financial position. Any trades or hedges you make are taken at your own risk for your own account.

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