While we fight the battle of the forks might have to take some time for the lower block confirmation. Chaikin totally failing, not that good of a sign.
Watching for a short when things start moving, above 1.09866 might be a good long
Possible upswing, short term breach
We hit the pivot and now everyone's reacting to this pump I been saying was coming. I think we need to hit 1472 at least and decide from there.
Weekly Chaikin, gearing up near 0-line. RSI, B% on chill. Coming two days gonna get interesting
Bitcoin is entering new zones which usually means price is gonna react, although volume shows some buying momentum, its not convincing enough at this point due to coming weekly bearish close. I would not take a long position right now and as soon as current levels start to break down I'd look for a short, 215 seems to be key support. Macro targets are drawn in...
As we come close to the end of the current macro consolidation, weekly timeframe shows buying momentum. I'm waiting for a break above 238 for some more bullish confirmation. A target of 400 on a wave up is not unlikely in my opinion
I think we're due for a corrective wave up after we will continue to shake out any leftover bulls
Longs safest at 1500 yuan, 1480-1490 is resistance zone, can be a good short if it fails at the downtrend
Signs of a break are in the chart, I think we're gonna test 228-230 zone, if we get a nice bounce there might be the dip to buy. Above 238 might see some strong upwards swings.
Daily bags showing some divergence, I've seen this play before. 230 is still the key level to break. Bears are very Bearry
Could wick 1400, below that we go back to 1350. Holding 1400 can result in a nice upswing
Although I'm not betting against this downtrend, there's strong bag divergence in the Chaikin, so I'm not suprised if this makes a wave attempt at the high 200s again
DXY still looking strong. Although I wouldn't bet on a MA cross for a long it's a strong confirmation that this bull is not stopping yet. USD denominated assets might have some trouble incoming, including commodities.