TheRealVSky

TheRealVSky

more sideways, more low volume - more neutral idea - too tired for narrative - will comment if trend plays out

TheRealVSky

Bitcoin is completing the H&S -It appears that low volume kept the right shoulder at the lowest allowable height - The bottom of the right shoulder should be close to $6000 around Aug 24 and we should see a retest of $5800 by Aug 29. If we retest $5800 in a completed H&S, I expect a bounce to $6200 the first week of September. Bitcoin needs volume for the...

TheRealVSky Updated 

I think the next Bitcoin bounce attempt will be around $6150 in 12 hours - if it falls through $6150 - it will test $5800 by the weekend -- +/- 10% whichever way it goes

TheRealVSky Updated 

The Bulls of Bitcoin have continued to stall out with small deadcat bounces from my last Published Idea in May. I anticipate more lower highs and lower lows that have squeezed us down into this 7 month decline from the ATH. Expect to see the price to ride the ATH down trend resistance/support lines into a very large symmetrical triangle that started at the...

TheRealVSky Updated 

if Bitcoin 0.55% fails 8500 today, a dip under $8200 could dip into the right should of a H&S short/long opportunity throughout the month of August - with so many H&S and Inverse H&S confirming recently, why not another? Bots run cycles until the cycles are no longer profitable

TheRealVSky Updated 

Bitcoin bulls ran out of steam and stalled out at $9900 last week then failed it's attempt to break back through $8700 this weekend. It's pulled back about 50% of the +$3000 gains it had from the middle of April thru the first week of May. All of the Consensus hype about big price action actually was just the opposite. We could continue to have another 2 weeks...

TheRealVSky Updated 

Talk about little brother syndrome. Quantum tests it's historical support when Bitcoin tests it's historical support. If $BTC dips below $7600, $QTUM will dip below $14. If #bitcoin tests support at $6800, #quantum will test it's $12 support zone. I could see 2 more weeks of volume/price decrease thru the first week of June. Even though we're in a great "BUY"...

TheRealVSky

$POA has pulled all the way back to the lowest it's been in almost 2 months. Look for a great buy opportunity under 5000 satoshi as $BTC dips further below $7800. 2x potential from where ever you buy under 5500 satoshi.

TheRealVSky

$poe hit it's top in the mid 700 satoshi range just before $btc hit it's roadblock at $9900. Great buy zone under 400 satoshi is close. If #bitcoin dips below $7900, #poet will dip under 400 satoshi. When #bitcoin dips below $7500, I expect to see it continue to drop under the 300 zone. If you can get po.et token in under 300, buy as much as you can.

TheRealVSky

Bitcoin has a potential Head & Shoulders pattern that could be setting up a short opportunity. If $btc fails anywhere between $9350 and $9700, it could continue to pull back an additional 5% and complete a H&S pattern on May 14 and a price target of $8900-$9k. IF all of that lines up, expect bitcoin to have an aggressive short attempt an additional 10% to $8k on...

TheRealVSky

Bitcoin bounced right off it's midterm support at $89xx and recovered close to 4.5% of its recent pullback after it failed $10k. 7d MA is on its way back up to cross the 20d MA on the 4h Heikin-Ashi showing a good indicator that this short term bear trend reversal is coming close to its end. If BTC can push back thru $9400, it should be back to retest $10k by...

TheRealVSky

If you want to know what $qtum Quantum is doing or is going to do, just ask Bitcoin. It failed at $25 when $btc failed at $10k. If bitcoin dips below $8900, expect quantum to dip below $19. If bitcoin dips below $8200, expect qtum to dip below $15.50. Let your bulls loose under $19. It's gonna be Pamplona out there if it dips under $16.

TheRealVSky

The next 4h candle will tell us a whole lot what the Bitcoin Bears want to do over the next 48 hours. If the uptrend lower support channel of 8900 doesn't hold, there is absolutely no where for it to regain support until $8000. It's gonna be an interesting week.

TheRealVSky

Bitcoin continuing to stay inside of it's rising wedge that's its been in the last month - $10k remains the psychological resistance while $9200-$9600 range remains the support. Bulls seem to be in control of this "healthy" movement back beyond 5 figures. IF 9200 doesn't hold it's support, I expect to see another low volume retest of 8800 then 8200.