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Ibuylower

$QNT Bullish Summer$QNT continues its Bullish Summer. Bittrex volume has increased significantly over the last month. A nice little potential Head & Shoulders (SHS) pullback is beginning to present itself on the higher timeframes above 4h. If price action continues to move down into the right neckline of said SHS, a rebound can be expected to rebound around the positive trend range zone of 72k satoshi's. We might see this range by July 10 if that is the case. If you sold above 105k satoshi's, BRAVO! Catch your re-entry positions between 90k-72k satoshi's. Likelihood of SHS right neckline formation is about 20%. 90k satoshi's is the key support level.
by TheRealVSky
5
Bitcoin will test historical downtrend line soonBTC price seems to be sliding right into historical downtrend resistance with a sideways trickle with low volume. Not looking good for a breakout above first heavy resistance at $6500. More likely for a pullback to test $6200 and then another repeat sideways until we retest the historical resistance again, this time below $6300 in the middle of November. ** if BTC breaks out and settles above $6500 - next historical trend line is $7k
COINBASE:BTCUSDShort
by TheRealVSky
2
Bitcoin priming for a massive pullbackIt feels like the trade bots are really trying to complete this H&S (continuation). If Bitcoin loses support at $6k, a $5800 test will complete the H&S. If H&S is completed, we might expect the pullback to equal the height of the pump from $5800 to $8500 (+$2700). That's a $3500 target from current $6200 range. I know, I know, "H&S doesn't happen at the bottom" you keep saying; but if we're not at the bottom, then that is logical fallacy. Until we are clearly out of range of it completing, then I'll continue to trade it like a H&S. If a H&S pattern finishes where this trend says it shouldn't, then market manipulation is even more evident. Bye Bye any ETF talk for the rest of 2018. Be prepared.
COINBASE:BTCUSDShort
by TheRealVSky
Bitcoin strong power move past $7kBitcoin appears to be moving through a bullish test over the past 7 days - TD indicator (60% reliable) on the daily is sitting on a 7 with a 4 hour candle to close out before the next daily candle closes. We could see price movement to $7250 or $6600 from this range when the daily candle closes. It's looking like the market wants to move up but just when you think you know what Bitcoin is going to do, you get REKT. Lucky guesses are the name in our game. Bitcoin will grind your gears and polish your chrome in the same breath.
COINBASE:BTCUSD
by TheRealVSky
Bitcoin Bulls might be done until 2019The Bulls of Bitcoin have continued to stall out with small deadcat bounces from my last Published Idea in May. I anticipate more lower highs and lower lows that have squeezed us down into this 7 month decline from the ATH. Expect to see the price to ride the ATH down trend resistance/support lines into a very large symmetrical triangle that started at the top of the Feb-March recovery to $11.8k. If the market volume continues to dry up because of bitcoin, we could see prices back under $4000 after Christmas. Will this be when Ethereum takes its turn at the top of the marketcap? It will be an interesting scenario to follow through the end of 2018 and into 2019, for sure.
COINBASE:BTCUSD
by TheRealVSky
3
Bitcoin Bulls stalled outBitcoin bulls ran out of steam and stalled out at $9900 last week then failed it's attempt to break back through $8700 this weekend. It's pulled back about 50% of the +$3000 gains it had from the middle of April thru the first week of May. All of the Consensus hype about big price action actually was just the opposite. We could continue to have another 2 weeks of volume decline. When the volume dips hard, the price dips harder. If we dip hard, I expect to find next support level at $73xx. If it falls under that range, the volume will dry up and we could re-test $6800 in 2 weeks. Then a 3 week rise back to test $10k in the final week of June.
COINBASE:BTCUSD
by TheRealVSky