UnknownUnicorn18557992

UnknownUnicorn18557992

I have noticed a possible fractal found in the EUR/USD pair that may be telling a bit of Bitcoin's future moves. If so, I think BTC may be making a move up to take out the last month's high and possibly make quick a liquidity grab below $17000. Not saying this will for sure happen, just something to look out for.

UnknownUnicorn18557992

I Have noticed a possible fractal found in the EUR/USD pair that may be telling a bit of Bitcoin's future moves. If so, I think BTC may be making a move up to take out the last month's high and possibly make quick a liquidity grab below $17777. Not saying this will for sure happen, just something to look out for.

UnknownUnicorn18557992

I believe BTC still has some time left in the downward channel. Currently longing to $19,999 and then looking for the usual Thursday reversal and possibly another retest to $20,111 before taking a another dip next week. Market makers will be trying to shake everyone out before the strong move up.

UnknownUnicorn18557992

If price finds support above $18666, I think this could be a possible scenario. Just have a feeling some liquidations/manipulations could happen today/tomorrow. Just something to look out for. Happy Trading!

UnknownUnicorn18557992

Bitcoin will see lower prices, but a corrective pattern will need to be made before going any lower.

UnknownUnicorn18557992 Updated 

Keep a look out for a possible scam wick. Price looks like it is accumulating on smaller time frames.

UnknownUnicorn18557992

Currently leaning more towards bearish until price breaks and holds above $21,777. If it does my next target is $22,666.

UnknownUnicorn18557992

Looks like this could be the last push for the bulls if price doesn't continue to drop from the current level. Or it could be the beginning of a new bull run. On a another note, it is very interesting how powerful numbers are. I have been studying astrology and numerology for over 10 years, hence my name. Planetary alignments, seasons, and specific number...

UnknownUnicorn18557992

Looks like BTC is in Phase C or D of redistribution. Not sure if the last move up was the UTAD or not. Either scenario is likely to play out.

UnknownUnicorn18557992

After further review and checking out a few other ideas, I think BTC might not be in the specific phase of markdown I thought it was in. So just in case this is my bearish idea. There could be a possible double bottom formed to wick up to around $22,333. It looks like it could get invalidated if BTC drops below $21,000. If prices drop to lower levels, I would say...

UnknownUnicorn18557992 Updated 

Just a couple of possible scenarios based off wyckoff and markdown/markup phases. The markets have seasons just like we do. Harvest season is upon us, and I think it's almost time for Market Makers to start "picking" their "fruit."

UnknownUnicorn18557992

Price could possibly rise from this area to form a ascending channel or ascending broadening wedge. Overall, still feeling bullish from the current levels until price reaches resistance above

UnknownUnicorn18557992 Updated 

I am short for now but, this looks like it could be accumulation happening. A drop below the current support would get a lot of retailers to go short, a perfect time for a bear trap.

UnknownUnicorn18557992

They say don't long in a bear market, but chances make champions. So tomorrow I plan to take that chance. What do you think? Mike Tyson famously said, "everyone has a plan until the get punched in the mouth." We all have plans, so we all have the risk of getting punched...better use those stop losses!

UnknownUnicorn18557992

I don't really have time to put much of a description or analysis, but wanted to get this up before work. May update later...

UnknownUnicorn18557992

I made a previous post a couple days ago about BTC being in a distribution phase. Based on the current formation and the strong support below, I think it could make strong bounce off the $23,666 area. If it breaks and closes below this area I will continue with my bearish idea. However, I think $30,666 is a good potential target, if BTC bounces.

UnknownUnicorn18557992

This is how I am seeing things right now. Possibly distributing in a larger redistribution pattern. My target for the cup and handle was $25,200 but it looks like it may be getting rejected.

UnknownUnicorn18557992

This may be a good time to buy and hold this pair. I believe once the .9666 level is broken a strong move to the top of the channel will be made.