UnknownUnicorn1016020

UnknownUnicorn1016020 Updated 

24h ago someone dumped roughly 1.5 trillion IOTA in a single sell order. Allegedly someone found some old treasure from ICO times: twitter.com Hint: If this happens to you, sell it slowly to let buyers recover and keep the price up. This impulse still sent IOTA down and it seems to continue that trend in well shaped flag patterns.

UnknownUnicorn1016020 Updated 

BTC has seen action with the recent dip and is currently consolidating. I can see potential for up and down movement and the Segwit2x lock in (or failure thereof) is a good narrative for both cases. Watch BIP91 lock in here: www.xbt.eu It could complete in 15h, but it requires 80% and currently 79.6% are signalling. Very close call. A flag is a strong bullish...

UnknownUnicorn1016020 Updated 

After a long rally up, fueled by BTC and ETH, a pullback is due. The uptrend line is broken. IOT could form a Head-n-Shoulders pattern here, which would a be a nice short opportunity. However, sentiment is quite bullish at the moment, I think, so shorts are especially dangerous.

UnknownUnicorn1016020 Updated 

I might have a bearish bias, but a pullback down to $200 feels likely to me.

UnknownUnicorn1016020 Updated 

Ripple broke out of a down trend and shows a small uptrend.

UnknownUnicorn1016020 Updated 

Overall BTC still looks bearish to me for the next days. There is a possibility, we break through resistance at $2128 and through the downtrend at roughly $2210. However, RSI is already close to overbought and the current rise feels too sharp for me.

UnknownUnicorn1016020 Updated 

$Iota is holding very well. It broke a downtrend yesterday and is now consolidating. One of the few coins which is not going down together with $BTC and $ETH.

UnknownUnicorn1016020

If BTCUSD retraces to an even more long term uptrend, it would be quite a fall. We are talking about prices like $1200 now, but there are a few support levels to break.

UnknownUnicorn1016020 Updated 

After a sneaky upward fakeout, ZEC made a downward breakout. Retracement happened and resistance held. We should now see more downtrend action.

UnknownUnicorn1016020

We can continue to draw triangles for BTCUSD. Maybe we will just continue around $2500 until Aug 1 with some short term swings. My channel is only a rough idea. Volume is declining as well. Lots of people might have pulled out until the Segwit/USAF discussion is resolved one way or another. For the BTC economy a relatively stable price is actually a good thing....

UnknownUnicorn1016020 Updated 

A quick short opportunity, which might turn bigger.

UnknownUnicorn1016020 Updated 

BTC going down to $2420 again? According to C&H pattern it will. I doubt it.

UnknownUnicorn1016020 Updated 

My idealistic plan for a long term BTC hold

UnknownUnicorn1016020 Updated 

I do not really believe this repetition will continue, but it would be funny.

UnknownUnicorn1016020 Updated 

I'm really not sure where BTC might be in a month, but the next days should provide a good entry for one of the directions.

UnknownUnicorn1016020

We could dip down to 1100 and swing down to 1500 in October and still would be on an uptrend in the weekly chart. BTC should resume the uptrend again at the end of the year though or 2018 looks grim.

UnknownUnicorn1016020

BTC could be due for a big pushdown or it continues the slow uptrend. Waiting for a break of either trend.

UnknownUnicorn1016020

This seems weird...