broke_crypto

broke_crypto

Looking back to prior bull runs, we see that the 21 Weekly EMA has been tested a handful of times to confirm support. During this current bull run, it hasn't been tested yet. Testing the 21 Weekly EMA is pretty common to see in traditional markets as well. I wouldn't be surprised to see a pull back to high $8k's to lower $9k's to confirm support. Current price...

broke_crypto

If we can't break and stay above $11,500, I would start looking for support and possible longs around $10,600. If we break and stay above $11,500, I would look for longs and target $12,071 as first resistance. It's chop-city right now so play safe

broke_crypto

Bounced off the 0.5 fib at $11,500. Would like to see a push back up and clean break of $12,071 to remain bullish.

broke_crypto

With current PA on BTC, we have a bullish idea as well as a bearish one. My bullish one found here: We could be playing out a descending triangle which (usually) breaks to the downside as we saw from $6k to $3k.

broke_crypto

To properly complete an Adam & Even, BTC must hit 10,960.

broke_crypto

We shall find out soon...

broke_crypto Updated 

I forgot to clear a previous order on BitMEX, so I’m in a long on ETHU19. Gonna let it ride because I don’t think it’s a bad entry overall. As BTC relaxes, I think alts will begin to pump. Let’s see how this goes

broke_crypto Updated 

Thinking as BTC hangs around $9.1k, alts will begin to pump. I believe ETH will be one of the high-caps that pumps to push ETHUSD to $300+. Short-term Target: 0.03160 Long-term Target: 0.03555 Just my thoughts, not yours, do as you please. Not financial advice.

broke_crypto

CNBC Counter Trade Indicator 95% success rate.

broke_crypto

Looking for an upward breakout of this channel. I'm long and targeting swing high of 0.03555. May double down on my position as long as it breaks upwards and finds support at 0.03250

broke_crypto

If you follow CME BTC Futures, it is common that any gaps between futures close/open are filled by either a pump or a dump. According to the latest futures gap, we may see 7200-7400 at some point in the near future (pun intended). This is my idea, not yours, don’t do as I do. Not Financial Advice.

broke_crypto

BTC falls out of its trendline, will we see rejection as it tries to recover/re-enter? I still believe we need to test 3100-3300 again to confirm market bottom before we start making higher highs

broke_crypto

I see BTC breaking 6400 tonight. High probability to test 6300 tomorrow. If 6300 holds, we will stay in the trend and bounce to retest 6600. If 6300 breaks, we will test 6100 followed by 5750. As of now, I have no open positions until we receive a bearish/bullish confirmation. I'd recommend you to do the same. Good luck, set tight SL's.