So we have an RSI breakout allowing the tip of the bat to form. I would like to see a back test of support and then a push up to find the new resistance.
I will seek entry around 1.09-1.095 after this ascending pattern forms a bearish order block to further confirm the sell off. // Edit: 5/3/15 My harmonic was quite off in this chart. Live and learn. // Edit: 4/29/15 // Re-evaluation of position at each blue pivot point. I have no intention to purchase in the bottom green support zone but it is about as...
It doesn't take a lot of indicators to see that some upside would be fun. timeline seems rushed and volume must follow. We shall see.
I realize the title sounds like a bad horror film but work with me here. Our month has been quite interesting and I am thinking about several potential plays here. The chart should illustrate some of my thinking. The arrows are simply rough thoughts about momentum. A long position from sub 310 sounds nice at this point. Be sure to use make it mine and zoom out...
Dear Bitcoin Bulls, Season's greetings from all of your bearish friends! We had an amazing salmon run all summer and all of berries that are good to eat seem to be drying up. It is getting quite cold here all by ourselves in the low 300's but we managed to craft a special gift for you before we go into our hibernation. I hope you enjoy it and you will come to...
The Ascending wedge appears to have resolved down from the 8th and a lot of money seems to be on the prehistoric support in the 200's. However, I want to illustrate the chop that I anticipate in the coming days.