Swarmski

Swarmski

Now BTC has broken up aggressively (and invalidating my last idea), this is the last shred of hope I'm clinging towards for downwards movement. If we treat this as the ETF break that everyone is talking about, a retest once it breaks down is what everyone will be watching. There is little Liq upwards, but a TONNE below. I think if we see a failed retest of key...

Swarmski

ETF coming, INSTITUTIONS entering....please... Worldwide economy still isn't ready for a BTC run, despite all the lambos being pre ordered by the twitter hopium bulls this week. Float around this heavy zone, maybe up to 32400ish for a liq grab...but ultimate magnet retrace to the 618 around 21400. Alts will continue to bleed. Good long term pickups if we get...

Swarmski

If we can get a break of the 48.5ish mark on dominance, there will be some tasty alt pickups in the next few months on any BTC retrace. Only question is does it happen on a BTC Surge or a Dump? i predict BTC will surge up with another violent move (maybe 30k+) and force the break of the dominance line around mid 48%...then will retrace back to 20k or lower and...

Swarmski

After finally cracking the 20k mark and setting a 2 new lows in 2 days, I feel BTC will enter a new accumulation period and just float around in the range. Expect pops up and down to capture liq before bigger moves in the opposite direction. The only thing to invalidate this would be the stock market crashing down to a new level....then all bets are off. Be...

Swarmski

Extending on this idea BTC is still painting a bear flag. After setting what appears to be a bull trap, BTC has more longs in the market and more fuel for down. Nothing has changed in the US economic situation, its still bleak. Stocks failing key levels should be the catalyst for an aggressive downwards push on BTC. Key levels marked for bounces, but...

Swarmski

Are we to see the same thing that happened in May (and also Dec/Jan in this idea ) Looking at more juicy buy in levels, but patience is key. People are overly bullish for some reason, that BTC recovers here...while World economics are teetering on collapse. Invalidation would happen if Stocks continue to (oddly) rise against worrying US inflation...

Swarmski

Is this the charge we have been waiting for? I personally see no real change in USA economic sentiment to warrant a reversal. I think it's more in play to revisit the wick down at 25000ish We had a VERY similar Bullish move during the bounces off 45k in December./January We all know how that ended up. My SPOT holdings i've loaded in the past week are happy...

Swarmski Updated 

99% of the time we revisit the wick. We have declining volume on an ascending bear flag. Already rejected off the macro trendline once, the obvious area for the main push would be the 53k zone. Either way, i believe we go down before we go up After taking profits from our first visit, ill be looking to re-buy into projects when we revisit If we don't,...

Swarmski

RUNE is essentially at bottom levels (before the hack) and sitting on a big line of support. 185% to the high a month ago, whopping 260% to the ATH. RSI levels low as balls. This is a good level to get back in on. TP levels are essentially the ping off the trendlines (wherever they meet in the timeframe). A big hold during volatility, but should result in...

Swarmski

BTC is getting close to make a decision. A break of the trendline on the current retest would see us on the path to retest the greater trendline and coincidently line up with the 618 FIB. If we can rally here, hopefully we break up. but the 236 might see us retest the break. Market feels absolute horrible at the moment...so it's probably a good indicator that...

Swarmski

RUNE has shown very weak Price Action since September (compared to other alts). With the last node (eth) to come back online since the hack, this could be the start of the recovery for RUNE. Lots of upside potential (or catching up to do). The last dip saw RUNE bounce nicely off the macro trendline and joining 0.786 FIB level. Entering volume at that same...

Swarmski

With the huge dump on "Bitcoin Day", it appears to be completing a very similar DISTRIBUTION pattern that we experienced during the last bull run (albeit on a smaller scale). I predict it will climb back up over the next few days and complete a LOWER HIGH around the 50k mark (plus or minus 1k). Then bounce off the FIB lines as we head on down to December 2020...

Swarmski

Bullish while it holds the trend, but will it continue its run of strength? After a strong recovery, BTC is approaching the 618 retracement level. BTC D is at a low level and would need a good dump to flush out some of the alts and recover its dominance for strength to push again. I can see BTC getting a strong rejection off this level and dropping in a similar...