KippySmith
BTC has reached some critical long-term support levels. Anything more than a wick on longer time frames below where we are now will look very bad for any continuation of a bull market. Likely will send us back into another bear market and retest some previous lows, or retest the breakout from the 4k levels. Long to short ratio on BFX is massively tilted towards...
Always look to the overall long-term trend. While the trend has been clearly up, we're also hitting key resistance levels and seeing BTC struggling at these levels to maintain momentum. It's unlikely to suddenly pick up a ton of steam again and blast through these levels before heading back down to test some lower levels first. This week will be our second...
We have an excellent setup now looking at the ETHBTC ratio. Falling wedge pattern indicates a potential incoming breakout with a solid bottoming pattern on the monthly. Clear swing failures below the .028 level with long wicks indicating heavy buying potential in those areas. ETH tends to follow or lag BTC's moves, and as we know BTC has broken from it's own...