ClearOpenDoor

ClearOpenDoor

Paging Andreas Antonopoulos, Richard Heart, Roger Ver and - Tone Vays There's a bitcoin that needs saving guys

ClearOpenDoor

1 - 2 - 3 - 4 - 5 - drop

ClearOpenDoor

Back down into the bottom of the channel, then push upward and out.

ClearOpenDoor

Going short here and waiting for price to reach the green dotted lines.

ClearOpenDoor

Here's the game plan for a bullish middle-of-the-month 5 wave elliott-style reversal from the ongoing downtrend. We've already formed Wave 1 and we are at the bottom of Wave 2. This will destroy every short between here and Timbuktu, while still preserving the downtrend on the macro by allowing for an extra bearish end-of-month finish. That target zone also...

ClearOpenDoor

A modified version of my previous idea, with the new pivot point taken into account Buy Zone 1 is the support we just built, Buy Zone 2 is just shy of a 61.8 retracement and Buy Zone 3 represents monthly close support Highest probability of just tagging Buy Zone 1 since previous 4-hr was a bullish engulfing hammer and a measured move from the current pivot low...

ClearOpenDoor Updated 

I've changed my mind. I don't think we are ready to fall to sub-30k levels yet or even 33k for that matter. The bulls couldn't break through 38.5k and create a higher high, but it certainly wasn't for a lack of trying. I mean look at that volume and the steepness of that trajectory on the last upward impulse. There is no reason they can't regroup a bit lower...

ClearOpenDoor

I will be deleveraging 5x of my short once price reaches the January monthly close support zone at $33,100. This also represents the bottom of the descending channel bitcoin has been playing around in for weeks. I honestly think it may finally be time for us to go lower, but I'm making sure to take more profits on the way. The battle between the bulls and the...

ClearOpenDoor Updated 

I am very hesitant to short anymore what with the skyrocketing short positions. The long positions remain higher - BUT - since the 7th they've gone up a mere 3k from 43 to 46k whereas shorts have skyrocketed from 1,500 to 19,000 in the same time frame and remain very high. Some may be using this as an indicator to give further credence to taking their own short...

ClearOpenDoor

It is clear that this bull cycle is not yet complete. Once this final bearish wave on bitcoin plays out we will see the return of alt coins and the greatest alt season yet. In this idea we look to eth/btc for evidence as to why we can expect further upside from alt coins in the future. Although I do not look at this every day, the eth/btc chart is a beautiful...

ClearOpenDoor

Btc has had trouble getting over the 4hr 100 ema. Its last attempt culminated in a major dump in price. Here we are now, back at it. We are supported by higher buying volumes this time. We've managed to pump back into the upper portion of the triangle. But will we pump through the top of it this time, or will we get another repeat of June 4th?

ClearOpenDoor Updated 

We're about to pump back into the triangle. Buy the pullback at 34.6, ride it up to the 100 ema on the 4-hr.

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I can never make up my mind on what the price action is forming. I've taken profits on my long trade just in case. Corrective c wave before downtrend continues Inverse H & S to zip price upward soon or A rising wedge, which can move upward however bearish bias has it breaking down. Will sit on the sidelines until I figure this out as btc is currently pushing...

ClearOpenDoor

Already blasting off faster than I can post, dangerous long here up to the box then flip short again.

ClearOpenDoor Updated 

What do you think? Could the bulls be about to bust a move here?

ClearOpenDoor

Punish the longs. Punish the shorts. Then punish the longs again. Punish the triangle breakout artists. Punish the sub 20k garbage discount lovers. Punish everyone, and everything, in this market. Then just go long and ride it up to 90k until the end of the year. So it goes. So it goes.

ClearOpenDoor Updated 

Inside bar close on the weekly. We are almost touching last week's weekly open now. I'm bearish mid-term, but in the very short term I still think we could push all the way up to the January's weekly close. A fake-out to the upside before further downward continuation made the most sense to me. It's starting to look pretty bearish however. The last few hourly...

ClearOpenDoor

In case this is a bull flag we are breaking out of, I have included some higher targets than that of my last two charts. We are looking better and better! Who is long with me here?