Will add evaluation soon Jan 15 is BIG deadline for Tether to respond to fraud accusation by US Government. Can cause massive price slide if the news is bad. Note: This chart outlines TWO opposing possibilities.
Some people see the price start to recover and think.. wow, it's going to get back on track. But Head and Shoulders is like a final performance.. it could be the final top... though now is too early to tell.
Correction was 9k in a short period of time.
As you see ALT COINS are now having their season BTC could go lower, even as low as 36000, but it still does NOT mean the end of the rally.
I am buying and selling my ETH. Use this chart to see what can predict on your own.
Publishing fast before the play happens..
I isolated what looks like a very well preserved rising channel (see orange dash lines) Within this rising channel, we can endure a lot of retrace WITHOUT breaking trend lines I checked for whale movements and mostly it was cash INTO the exchanges (buying!) But this does not mean none are waiting to sell.. or won't enter at the 4 am death hour (my time) I told a...
Please remember it only takes ONE WHALE to destroy good technical analysis These whales sometimes FOLLOW their own TA.. and force their hand Here is what I see on chart.. Descending Channel - these often break up upward, especially in a bull market Symmetrical Triangle - near the end of the triangle, price breaks out Direction: Break outs can also be fake...
Comments written on my chart reflect my thoughts... So far, since I first published this chart just before the 'great rise' price is following a pattern I expected. I just never know WHEN... LOL
Everything looks 50/50 It's anyone's guess
Just publishing the new chart to see how it looks - Analysis Forthcoming
Publishing first with comments to follow
Jut publishing chart.. analysis to follow
Just publishing updated chart to see how it all looks... FULL FORECAST forthcoming..
Direction is key today.. To prevent a correction to 21k.. we need to stay above $ 22,800 To make a run to 25k again.... we need to stay above $ 23,300 The retail investors do NOT believe my story about us falling to 14k That is why THEY KEEP PUSHING after every correction As I literally stated.. and many of you may hate me for this - I called the exact time of...
My dates for big moves start tonight... and then Dec 23rd It is entirely possible this SUNDAY night (after 10 pm EST USA) whale bears will drop the price of BTC why tonight? They chose Sunday night several times in the last 60 days I drew this chart two days ago when we were still at 23300 23300 is a pivot point, candle had to close on that for 24 hours The...
Hope all your trading is going well Trading is tough right now.. the dips are more shallow and direction does not always make sense. Case in point, this morning's correction IT WAS NOT DEEP ENOUGH Reasons why the whales did not prevail... my theories: Too much good news today - Moderna Vaccine nearly approved - Tesla about to be on Wall Street - Endless news...
So.. now that we are in the 'Stratosphere of Crypto' TNT Sunrise did some TA this morning posting a Fibonacci pullback to 21200 Such IS possible...if you do everything by TA But sentiment and whale activity affect TA greatly. They use it too.. and they work with it or against. I do both TA and whale theory.. How to interpret my Charts... I am a day trader of...