UnknownUnicorn1506039
Crypto drunks are going to get taken to the cleaners....
I create these for myself to reference, similar to my pre futures chart. I just want to look back and see what happens with this chart. This would be a retrace of the entire parabolic move. It is funny how there are certain hedge fund managers calling for $1,000 Bitcoin. It is roughly the cost of mining a bitcoin and right around the fib retracement price. Let's...
Price action seems pretty weak and history is likely to repeat itself. I project more buyers coming in only to be let down once again for another leg down. Let's see how this plays out.
Hello friends, we are at a crossroads here. I am sure everyone is well aware of the giant correction by now and are all wondering how low we can go. In my previous chart highlighting the CME entering the trade posted on Dec 8th, I circled the 200 DMA as a likely target. Fast forward to Feb and here we are. The 200 DMA is a MASSIVE technical level which a lot of...
After some long study on the chart I have come up with a buy target. CND is a great name and an even better long for those in the know... wink wink. You should never overpay and should exercise patience. Good luck everyone!
We all obviously know about the big BTC dump. Here are a few ideas as to why BTC is dropping so much. The Negative- 1. Wallstreet- Options expiration for the current contract expires on January 17th. They make the most money on their short positions if the price is low before expiration. It is also convenient that CNBC (who is obviously in bed with Wallstreet)...
RDD is getting a little head and shoulders looking resistance on the 4 hour chart.
Just wanted to most this as a reference to see what happens after
It is not the strongest head and shoulders because it didnt fully touch the neckline. Let's see how this trade develops. :)
It's looks like a clear diamond top reversal. We are way overextended and in need for a good correction.
Here is my short term $BTC trade plan. If it doesn’t reach the buy zone, I am still hoarding my profits from the top :) Please note that the 50 DMA moves as time goes on and buy zone will be adjusted to reflect a break above it.
If it doesn’t reach the buy zone, I am still hoarding my profits from the top :) - Be sure to note that the moving average and buy zone changes as time goes on following the 50 DMA