Orca_Investment

Orca_Investment

If you look back to my previous posts, you can see that I've been tracking this structure since prior to the breakout. If it can break through this red line of resistance, we are likely going to test 54k, and if we break through that, we're going to visit our good friend named ATH. What do you think? Like and follow for more analysis like this! As always, this...

Orca_Investment Updated 

You're probably wondering what the hell you are looking at right now - here's a guide to help you navigate this chart. Upon viewing this, let me know whether you are of the bullish or bearish bias of this model - Green Curve Structure: This represents Bull Cycle Trajectory, which consists of two connected parameters: - Curved Support - Parabolic path with...

Orca_Investment

Of the two scenario's I have outlined in this post, I'm of the viewpoint that a pull back, then pump, is the more bullish scenario... What do you think? Mind you, this is just my bullish outlook, as I would never want you to think that I'm ignoring the bearish scenarios. You can expect my bearish outlook once bitcoin breaks in either direction from this diamond...

Orca_Investment

The similarity between structures are mapped coordinating the similarities by colors. Currently, I believe we are in the "Orange Circle" of what took place in the completed circle in the prior run-up. The next couple days/weeks could be choppy, but you better believe that a 6k+ Ethereum could be just weeks away... buckle up. Let me know what you think, and...

Orca_Investment

Here's the bullish and bearish scenario as I see fit: Bullish - we pull back, and form a larger ascending triangle (yellow) breakout formation. Note that this would start with a dump in the short term, and then consolidation before the pump. Bearish - This rising wedge could see one last pump to 49-51k before breaking down. Unlike the bullish scenario, this...

Orca_Investment

If I'm correct in my application of this idea, we should be wrapping up the anger phase, headed straight towards depression! The good news, however, is that the end is near if true! As always this is just an idea, and in no way financial advice!

Orca_Investment

Though I maintain the perspective that we will bottom out at $20k-$23k, I don't want to ignore this comparison I found. In the event that there isn't another COVID-19(like) crash in the coming months, this could be a legitimate path to new highs... As always, this is not financial advice... and trade safely my friends!!

Orca_Investment

Here you can see a falling wedge that I've had drawn out for a few weeks now. The good news is that we have finally broke out of it after months of trading within it. The bad news is, that the re-test to confirm the break out (as charted) would take us back down to $22k-$24k. I'm not saying that it will play out exactly like this, but if my bias ends up playing...

Orca_Investment

Not financial advice :) - let me know in the comments what your thoughts are on this one!

Orca_Investment

Right now, we are trading within two structures for ethereum (pretty clean too if i may add): 1. Descending triangle (red trend line + yellow support line) - This structure has yet to be broken yet, but has been dancing on support the last day or so. If it can't muster the strength to rise on up from support, I will be tracking the second structure, which is:...

Orca_Investment

If BTC were to follow a fractal similar to the one circled (in white), it would reach the 23.5k. This is not financial advice in any way.

Orca_Investment

"head and shoulders impossible! On chain data this, on chain data that! Whales are accumulating, new ATH closer than ever!!" Ladies and gentlemen, the charts have been screaming short for weeks on end now. With very little buying pressure, the bears have been able to keep the trend of lower highs, and lower lows on the daily RSI in tact. Bitcoin will seemingly...

Orca_Investment

Bears keep laughing because they're still in full control

Orca_Investment

Here's how I see it... not financial advice. Time to drive this price down to more attractive buying zones, and create more liquidity for the smart money to enter! We won't beat the whales at their game, but I'm sure as hell willing to ride their waves...

Orca_Investment

Since bitcoin has broken down from the ascending triangle as can be seen in my chart, it has since attempted a pullback into the structure it broke down from. Because it never actually re-tested the previous support as resistance, I have offered another view of the parallel channel it has been range bound within for the last week or so. Additionally, bitcoin has...

Orca_Investment Updated 

Just an idea for entry - not financial advice!

Orca_Investment

Heres another one of my charts of bitcoin, this time from the hourly time frame. There's a lot going on on this chart, so let me briefly explain it: The red channel (at the top) represents the zone in which bitcoin has been getting rejected from since we corrected 50%+ from the all time high. To start making bulliish momentum again, we need to have a strong...

Orca_Investment

View Text on Chart for Analysis, and let me know what your thoughts are in the comments