MonkeyPhone

MonkeyPhone

Hit the 200 and dropped. Had a nice little run up. 40,000 sats. May retrace and run, but I'm out with a few more bucks in my pocket.

MonkeyPhone

Aave looking good, just broke up on the rsi trend it was in. Could be related to the cgld (celo) pump today. Volume is picking up, may get a nice pump today.

MonkeyPhone

We're ranging at a top of a range on lower volume and volume precedes price. The waves on vumanchu indicator are printing lower highs. Stoch is as well. On the daily it looks like distribution to me, with bigger fish selling their bags everytime we make it to the highs of the range. I think Bitcoin cools off for awhile, perhaps not tanking, but a slow bleed for a...

MonkeyPhone

Bitcoin is hovering a little above the linear regression channel on the 6hr and is at or right around the 50 EMA. If support holds, we could see 50k, if not the 200 Ema is around 40k

MonkeyPhone

We closed below on the 200 Ema on the hourly time-frame which hasn't happened since we were in the upper 30,000s. It could get more volatile even more so than what we've been and could see extreme downward momentum.

MonkeyPhone

Btc broke out of the channel we were in based on linear regression on the 15. Whales are buying now. Hoping on a retest of the channel for a quick scalp. Money flow is negative though, so tight stops are needed to not lose much capital.

MonkeyPhone

Three white soldiers on the weekly time frame which usually proves to be the end of a downtrend. The daily is looking pretty nasty, along with the hourly. I think we'll have a pullback perhaps to the 100 day moving average on the daily but overall I am extremely bullish.

MonkeyPhone

Looking at the 15 minute chart we're good on the ichimoku cloud for an entry. Money flow index is positive. Time segmented volume is showing accumulation since we bounced off 38,000. Stochastic is approaching overbought so there might be a minor pullback, but I think we'll test 40k again in a few hours.

MonkeyPhone

On the 6 hour we have a bullish divergence where the Macd is trending up while price has been trending down. Let's see if it plays out.

MonkeyPhone

If trendline doesn't hold, expect another 1,000 to 1,500 drop

MonkeyPhone

Bitcoin is still consolidating and is in the middle of a range that is getting tighter. I wouldn't expect much action for a few more days to a week. Greyscale is unlocking 140,000 BTC this month so maybe some sell pressure will be added to an stagnant price action. We'll see.

MonkeyPhone

RSI triggered a buy on the daily timeframe for the first time since March 13th 2020. Technically the candle hasn't closed yet, so it could be invalidated with further downward momentum. Waiting for the close to take a long term hold position.

MonkeyPhone

Strong downward momentum has brought eth to the 200 day. So far it has proven support. We'll see what time brings.

MonkeyPhone

We're right at the weekly support level, if this breaks we'll have significant downward momentum. Perhaps not seeing signs of slowing up until 25,000.

MonkeyPhone

Easy peasy. Make it yours and find out the secret ma's.

MonkeyPhone

Taking a long position on ETH here. China did the same thing back in 2017 of September after Bitcoins run up before it went to 20,000. A lot of people woke up in the red this morning and sold their positions because for some reason people still buy high and sell low. I'm buying here. Here's an article on why people are selling. www.cnbc.com

MonkeyPhone

Running into resistance now, with lower volume it will be hard pressed to break though. Time will tell.

MonkeyPhone

The moving average didn't hold so we go down to the next time frame to find support which is around 31,400 on the 6hr. From past death crosses, this could be a very bloody Monday for crypto as a whole.