OptiPulse

OptiPulse

All my opinion. I believe Bitcoin Cash is undervalued. Bitcoin will always be the king of storing value long term. But I think once people start using crypto more and more in their everyday lives, Bitcoin Cash and Litecoin will be clear winners due to quick transactions and low fees. It may take some time, but eventually crypto will be used more online and in...

OptiPulse

All my opinion. If a bull flag is to play out here, the price action must continue trading inside the parallel channel. Price has already retraced 33% from the top forming the flag, but it may retrace as much as 50%. If price is rejected next time it tests the top of the channel, then a drop to the 50% Fibonacci retracement is possible. If price breaks below the...

OptiPulse

All my opinion. Technicals say up, so a right shoulder might form. But fundamentally the government is spending too much money they don't have. I think the downward pressure will become too much eventually and crash the dollar lower. Do you agree? Tell me what you guys think. Have a good day.

OptiPulse

Lambos for all the moonbois!

OptiPulse

Bitcoin and traditionals may be a bear trap at the moment. SPY bounced off support and bitcoin broke, but is currently sitting at the bottom of the blue triangle support. We may see bitcoin retest the cyan trendline, orange and red resistance lines.

OptiPulse

The reason I'm not bullish on bitcoin right now is because if you zoom into the red circle, you can see that price did not touch a very important trend line. That has me scratching my head and leaning bearish. A bull trap to 9750 is in the cards. It may even go up to the magenta line, but if it does not that would be another bearish sign. I'm not expecting the...

OptiPulse

I think it's still too early to break out above 9800. The orange resistance line has only been touched twice. When it is tested for the fourth time it may break out and if the third or fourth touch is never reached, then it may break down.

OptiPulse

Whether it's from here or lower around 8500, I'm expecting for the bottom of the parallel rising channel to be tested (blue line). I think it's likely to be rejected there. Watch for a breakout of the falling wedge.

OptiPulse

May happen by the end of this month. Could go to ~8500 first. If this line isn't tested soon, then bulls have given up.

OptiPulse

Title self-explanatory. Target around 8350. I'm expecting a bounce around there then further downside.

OptiPulse

At the moment it looks like Bitcoin has put in a lower high at 9945. If price is able to break out above the descending triangle, I think another lower high will be put in around 9630. Otherwise, a dump is possible to the 8200-8500 area IF something like last what happened last weekend repeats.

OptiPulse

I think we will top out 9320-9730. Bitcoin is still technically in a 3 year long downtrend ever since hitting 20k in Dec 2017. Invalidated if price breaks above the upper macro trendline around 10500. My opinion is bitcoin will dump to ~6600 and start its parabolic upwards move from there. Never financial advice, good luck!

OptiPulse

I think bitcoin will drop down to 6666.66 and start a parabolic phase up. Very speculative. Not financial advice.

OptiPulse

I think we may top out here between 10100-10500. Break above the macro trendline and it's going much higher, but for now it's still intact.

OptiPulse

I think a big move is coming based on cyclical lines. Not sure which direction.

OptiPulse

I expect a rejection here. SPY looks like it got rejected of 284 as well.

OptiPulse

If price will go higher, I expect a shake-out. May not happen if price consolidates here. Or the move could not be as drastic and only pull back to 8400 for some liquidity. Not financial advice, good luck.

OptiPulse

Think we might see a slight pullback here to 8400-8600 level and bounce.