Bitcoin's Big Weekend July 10-12, 2020What If I said to you: "Bitcoin is going to $15k this weekend."?
Istacksatoshis
$QNT Bullish Summer$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.
Just a little QNT outlookFor the QNT shills that I interact with daily, just wanna check out the price action and how it plays out over the next week.
Interesting intersection incoming around June 18th inside of the local pennant that Quant is currently in. They say QNT is a "bear market coin". Well lets see how it runs this throughout this idea
VSky price bot prediction for March 2019Trend analysis for the rest of March 2019 - volume slowly increasing
$POE EOY +600 satssteady consolidation zones before each run up. low volume but poe always has low volume until it doesn't.
short term buy targets are 175 satoshis, 168 satoshis, 155 satoshis and any amount below 150 satoshis, accumulate as much as you can
short term sell targets are 184 satoshis, 188 satoshis, 194 satoshis, 202 satoshis
mid term sell targets are 236 satoshis, 272 satoshis, 300 satoshis
this is all null and void if BTC re-tests 6k or below
will update in 1 week
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.
Can Cardano retest .08xxx If bitcoin retests $8k OR $6k - ? We should see a retest by the end of the first week of September.
Bitcoin monthly Bitcoin will follow the downtrend/falling wedge through November and have a December holiday pump with an attempt at 10k -
pure speculation
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.
BTCUSDSHORTS are getting REKTFrom the first day you entered the cryptomarket, you've always heard "this is why you don't short bitcoin".
Well......
Bitcoin to test 6700 then dip to 6300 by Aug 28 - more sideways, more low volume - more neutral idea - too tired for narrative - will comment if trend plays out
Bitcoin testing $5800 this week?Bitcoin is completing the H&S -It appears that low volume kept the right shoulder at the lowest allowable height -
The bottom of the right shoulder should be close to $6000 around Aug 24 and we should see a retest of $5800 by Aug 29.
If we retest $5800 in a completed H&S, I expect a bounce to $6200 the first week of September.
Bitcoin needs volume for the price to rise. The lower the volume, the lower the manipulated bottom can be.
12 hours until the next +/- 10% price action - I think the next Bitcoin bounce attempt will be around $6150 in 12 hours - if it falls through $6150 - it will test $5800 by the weekend -- +/- 10% whichever way it goes
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.
Maybe a slow dip into an H&S throughout August?
if Bitcoin 0.55% fails 8500 today, a dip under $8200 could dip into the right should of a H&S short/long opportunity throughout the month of August - with so many H&S and Inverse H&S confirming recently, why not another? Bots run cycles until the cycles are no longer profitable
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.
QTUM still doing what Bitcoin tells it to doTalk about little brother syndrome. Quantum tests it's historical support when Bitcoin tests it's historical support. If $BTC dips below $7600, $QTUM will dip below $14. If #bitcoin tests support at $6800, #quantum will test it's $12 support zone. I could see 2 more weeks of volume/price decrease thru the first week of June. Even though we're in a great "BUY" target range, be a smart bull in this trap zone.
POA down 50% in 12 days$POA has pulled all the way back to the lowest it's been in almost 2 months. Look for a great buy opportunity under 5000 satoshi as $BTC dips further below $7800. 2x potential from where ever you buy under 5500 satoshi.
Po.et hit the road block on Binance$poe hit it's top in the mid 700 satoshi range just before $btc hit it's roadblock at $9900. Great buy zone under 400 satoshi is close. If #bitcoin dips below $7900, #poet will dip under 400 satoshi. When #bitcoin dips below $7500, I expect to see it continue to drop under the 300 zone. If you can get po.et token in under 300, buy as much as you can.
Is BTC setting up a Head & Shoulders Short Opportunity?Bitcoin has a potential Head & Shoulders pattern that could be setting up a short opportunity. If $btc fails anywhere between $9350 and $9700, it could continue to pull back an additional 5% and complete a H&S pattern on May 14 and a price target of $8900-$9k. IF all of that lines up, expect bitcoin to have an aggressive short attempt an additional 10% to $8k on or near May 20-21.
