TenaciousH

TenaciousH

Likely return to volatility within Range C. Recent drop places 200-Day below current level, possibly causing a retest of $250-270. Likely more buying opportunities as many ring the register but this Earnings based confirmation of the Range C trading levels confirms the long with enough volatility to trade it. China Gigafactory, improving trade deals, etc, many...

TenaciousH

CGC is oversold and its sitting at strong $20 support. Heavily news driven, and as the sector leader, most likely to absorb the spike when it comes. If positive news comes near a strong earnings, likely to run to $35 near the 200 Day.

TenaciousH

November will be the most important month for BTC since May/June. Current pennant resting on the 200 with plenty of volatility. With the 200-Day as support and the 100-Day flat, BTC will likely find new support at $9k long enough to set up a 50/200 Day Golden Cross. That cascade of events causes a spike to retest at least $10k maybe up to $13,500. Google search...

TenaciousH

This pennant has found strong support on the 200 day. An early breakout attempt (orange oval) failed but it was supposed to since it was early. I expect a jump over $10,000, either from inside the end of the 200-day supported pennant (orange triangle) or off of the 50-day. When that happens, expect a cascading Bull parade as it will cause at least one Golden...

TenaciousH

50, 100, and 200 day moving averages are showing momentum shifts that could set up for a double golden cross just after a number of support lines ($7,700 and even $8,200) have been tested successfully. The still upward 200 day may now be support. This all at the same time Google is showing record searches of Bitcoin which implies new money considering coming in....

TenaciousH

Three previous bounces on this uptrend within the Purple Box range. If it holds for a fourth bounce, much bigger chance to reverse the MA Death Cross. If not, multiple tests of $7,700 or even $6,500. Below that is $3,500.

TenaciousH Updated 

here we go! Blue Box Bulls are about to win big at least for the short term.

TenaciousH

There has been a well defined and stubborn uptrend within the Blue Box Support Range. Previous downs have bounced on this trendline three times. If BTC holds this range, expect to hit the upper end of the larger downtrend (large upper dashed line) around $9,000-9,500 but if it falls below the blue box, expect to retest $6,500. Next 24-48 hours are critical. I...

TenaciousH

Before the recent confirmation of the $7,800-8,400 support range, the MAs were signaling a severe Death Cross. The 7.8-8.4 range has established stability with the 50 and 100 day MAs now sloping evenly with the overall downward trading range, and this is at the same intersection as a consolidating downtrend versus a rising 200 day and this support range all near...

TenaciousH

$0.006 vs 0.001 from 0.0024. Risk vs reward says buy some anyway.

TenaciousH

Deeper dive from the previous linked idea with Google Trend analysis. Most Google searches since late 2017. trends.google.com

TenaciousH Updated 

Multiple confirmations of $7,700 - $8,400 support during macro factors, asset rotations, none more important than the 200 Day SMA within downward consolidating trading ranges. if $7,700 fails, expect $6,500 - $7,200 range. If that goes, next resistance is $3,500 or crash out. Worst case is crypto as an institution fails, but that's very unlikely. It won't, so...

TenaciousH

... Or, on the other hand, a drop to the Christmas 2018 trend line. We're either going to see 3,500 or 2,600 by Spring. Behold the power of a Trade Deal!

TenaciousH

3 Possible bottoms w/ buying opportunities by Saturday/Sunday unless current level is the bottom and I doubt it. I believe DOGE has much more support than many other cryptos. With a real spike in BTC/ETH, DOGE could make a big run

TenaciousH

Since the Sept 24 drop, we now have 3 confirmed resistance levels $8,600, $8,200, and $7,800. Need to see a strong defense of $8,600 (Purple Box) at the 200-Day or expect a return to $7,700-8,400 range (Blue Box). I expect a drop to retest at least $8,200 or so followed by a retest of $9,000 or even $10,000. Keep some dry powder there will be plenty of...

TenaciousH

Depending on BTC response to the 200-Day, we'll see A) a break upward to $9,000-9,200, B) a return to the Blue Box, or C) a retest of $7,700 or even $6,500.

TenaciousH

If BTC doesn't make another big upswing above the 200-day, expect a drop back to between $8,000-8,200 or even down back into the $7,800 territory. See linked ideas no need to flood w more text. 1m interval snapshot below Cheers!

TenaciousH

follow up from linked previous idea. BTC showing more predictable resistance and trend lines. plenty of opportunity in spite of far more risk to the downside before starting the next big bounce