SellBitcoins

SellBitcoins

A clear buy signal to me. Target of around 75-76k.

SellBitcoins Updated 

Pretty thin on the LPSY, almost invalidated everything. If this doesn't go down, I'll be clueless for a while.

SellBitcoins

An unusual but valid deep spring could've happened. Getting back into the trading range makes it almost impossible for it to be distribution. I am longing here. It is what it is.

SellBitcoins

Still bouncing around. 58k seems very likely given the lower high. Psychology is the same. Panic around 60k, greed around 70k. It's not going to break out in either direction anytime for 6 months +. It will be interesting to see if all this was distribution or re-accumulation by then.

SellBitcoins

Did not get the straight forward accumulation near the bottom as anticipated (which happens as you can never know what structure it will take). As it stands, we will at least touch the line, from there, up seems the most logical for the long anticipated ST. I wouldn't put my life savings on this trade. Better spots to wait for.

SellBitcoins Updated 

Just updated the chart with some finer details of potential plays. Wouldn't follow it exactly but the general idea is there.

SellBitcoins Updated 

This could bored some people, as said previously, it will look like endless chopping. Lots of dreams will be crushed and "this is it" 100k or "this is it" back to 20k moments. The reality is, its just going sideways for sometime.

SellBitcoins Updated 

Played out pretty effortlessly, finding support around 58-63k it seems. Will see some accumulation in the shorter time range before it goes to the top of the end, endless chopping time!

SellBitcoins Updated 

...or is it? I can't see any other scenarios playing out.

SellBitcoins Updated 

As per previous post, we finally got the long awaited spring. PNF targets should be around 80k before more sideways up there.

SellBitcoins Updated 

I still think this is some sort re-accumulation/distribution/sideways action, but with extra strength hence the slope. It generally has all the elements, including a spring for a final test.

SellBitcoins Updated 

It is always greedy and difficult to trade the early phases and it could appear in so many different forms. As it stands, we had an upwards slow re-accumulation. I am expecting a quick pullback after the "jump across the creek" or major SOS.

SellBitcoins Updated 

Unsure if its re-accumulation or distribution, but it doesn't matter right now. Extremely like to go sideways for quite sometime, causing traders to lose interest one way or another. It is possible to have accumulation without testing the lower end, but it's all about likelihood and that doesn't seem very likely right now.