Narsty_Boy

Narsty_Boy

Please see my other posts about the red line for more context to its significance. This is an update to my most recent post. I've added a red path for what I consider the second most likely path to 200k.

Narsty_Boy

See my other posts about the red line for more context to the significance of it. In short, I drew this line about 3 years ago and over the last few months during the fight around 100k price action has been CLEARLY rejected from this line nearly a dozen times so far. Given the consistency of this moving resistance line I have based a general prediction for BTC to...

Narsty_Boy

For more context on the red line see my other posts on the subject. I drew that red line a few years ago. And the last few months battle around the 100k level price has reacted to this line very strongly. I have multiple posts about this in multiple time frames. I'm waiting for the price to get above the red line and stay there for about a week, then I am looking...

Narsty_Boy

This post is supplemental to my last one titled "A Confluence of Indicators". The big red line, I'm TELLING YOU. The last time we broke thru was a Bull trap. But we're still here. Explosive potential. If BTC goes to 200k then XRP could go to $10 easily and maybe much higher given banking adoption in Japan. You have to remember that when serious countries start to...

Narsty_Boy

Same chart on the 4 hr chart looks like it might be about to kick off. A confluence of indicators are all pointing in the same direction here on the monthly chart. A single rogue green volume candle could launch us quickly towards the 200k to 250k range. If we get rejected here then it might not break out above maybe 120k this market cycle. Right now any number of...

Narsty_Boy

If you're looking at this in terms of market cycles in correlation with halvings... These are my opinions in an attempt to pick the top 3 most likely scenarios for the next 12-13 months. Please provide feedback as this is not about ego, it's more of a thought exercise. The 2 vertical lines are the window/time frame for exiting. The diagonal lines represent the...

Narsty_Boy

Chart is with 4 hour candles. So far 2 full candle bodies have closed above the red line. If the red line will act as support then it's going to go off. I'm expecting a pullback from this level but it could be very explosive in either direction. I'm expecting the bull market to play out on a longer time frame... like the next 8-12 months. So it would be expected...

Narsty_Boy

BTC has finally broken through this moving resistance line. In the short term prices need to hold above 103.8k to continue bullish parabola. Otherwise it could be months before bull market resumes.

Narsty_Boy Updated 

The big red line with dashes is self evident enough that its easy to overlook. Not only is 100k a strong psychological resistance level, but it is converging with the big red line. This just means that the resistance level is moving higher over time. If you're waiting for the big breakout, I believe that is the bridge that must be crossed not just 100k. I believe...

Narsty_Boy

Short term swing trade opportunity! Price target: $5.38. Having fallen through the red line, to me this is screaming "capitulation" and could be the beginning of a new market cycle. I'm predicting a re-test of the $5.38 level and if it is a healthy trend, could go much higher. This is not an emotional prediction. I have been out of this stock for a year now. It...

Narsty_Boy

I had been calling $3 and $4 for a bottom on this one months ago and I've posted about it here on Tradingview. And now I think it's finally time to go long. I don't have any money in this one but I am strongly considering it right now.

Narsty_Boy Updated 

I like to do these "gesture drawing" lines. You can probably find really similar lines with complicated maths, but these are not meant to be precise. The horizontal lines are just support and resistance levels. The lines slanted down are bearish trend lines, the lines slanted up obviously are the bullish trend lines. The purpose of doing this is simply another way...

Narsty_Boy

I think one of the most important things in trading is to realize what stage of the market cycle you are in. I got in on HYLN at $20 and I got out at $53. A friend of mine shamed me for "pannick selling" so I bought back in and got out again finally at $43. The 3 descending lines are simply projections. The middle line, the thick red dotted line, is the most...

Narsty_Boy

After passing along below the convergence point (where the 3 angled lines meet), testing the sub-$8 level 3 times finally fell momentarily below the $7 mark. In a simple view, this means that the floor has been broken and capitulation has occurred. We have now passed through 2 of the 3 converging lines. The remaining line represents the strongest psychological...

Narsty_Boy

This is where we make our stand in the next battle, metaphorically. Do your own research and make your own conclusions but I've concluded that retail holds enough of this stock to cause massive support at this level. Incoming early 2022.

Narsty_Boy Updated 

You could project the smaller circle up to the size of the larger pattern and if it were going to behave proportionally (so far it has) then it might just more or less trade sideways (15% swings) until finally breaking out again around... late Feb 2022

Narsty_Boy

There are muliple forces pushing down right now... the purple line and both moving averages (7 d and 21 d). However, check out my other idea... bearish doesn't mean catostrophic.

Narsty_Boy Updated 

Looks like the purple line is pounding down on the stock, squeezing it down. I am anticipating either 1: Price will break the purple squeeze this week and form a strong floor. 2: Purple line is going to reject and price will drop to the $4 range to re-test purple line in a couple weeks.