The_Pythia

The_Pythia

Looks like we are flushing out Longs and trapping shorts Formation of Dives: a clear downward movement reaches a low. another dip forms, slightly lower than the first. the final dive happens, testing the same support level Volume Behavior: Volume appears to diminish with each successive dive, which aligns with the typical characteristics of this...

The_Pythia

I do think we chop sideways here for while in this channel with volatile moves up and down throughout it. Announcements by Microsoft or Amazon holding Bitcoin in their treasury should invalidate this chat. Otherwise I expect up to move further up into the Wyckoff Method, reaching a top of 158 to 160. I recommend taking profits at 148K to be safe. *NFA Will share...

The_Pythia

I dropped the projection line on the 4th and BTC has been following nicely. To some the climb seems to be exhausting... this is possible if the volume drops or we get some bad global news\instability. I have proposed 2 different drop scenarios based on this. However, if we can follow this trend and break the resistance at the 52k level there isn't much stopping a...

The_Pythia

Based on the fib it appears we are hitting the support zone. If it bounces here we have another higher low. This would indicate three rising valleys and a bullish case for an impulse wave.

The_Pythia

You have died of dysentery :) Why do I have to give these discriptions?

The_Pythia

Just for fun. I think long-term this coin is a beast.

The_Pythia

Support established. Volume spike in the last 8 hours. It appears we are going back up to the next support line. Charting for fun only.

The_Pythia

Going up? Open to constructive criticism.

The_Pythia

Still new to this. Constructive criticism welcome. I think we have consolidated long enough here at the bottom of the channel. A small boost in volume will go a long way.

The_Pythia

New to this but setups have been working well privately published. Let's see how this one plays out. A small dip before full send.