bstuart1984

bstuart1984

Down to monthly order block. It's in the cards. ~12.5k probably bottom.

bstuart1984

looking for a break of range high, sfp above and close back below, looking for compression below for the entry short and tp1 midrange tp2 bottom of range. I think we chop for a bit before the market decides course of action, so it's range plays until proven otherwise. breakout above 32k holding above, will turn bullish/long

bstuart1984

Bottom in? FOMC tomorrow. Let's see some big volatility then a sustained uptrend for the rest of May to 46k

bstuart1984

Is it a falling wedge? Is it copium? I guess we'll see

bstuart1984

Looking for long at mid-range if it holds. Lower high possible after at range high, would short to bottom of range.

bstuart1984

Clear bear flag pattern has developed. If we run up to 50-52k, look for shorts. We could have a massive falloff. I doubt it would stay around 20k for long before rocketing back up again though...

bstuart1984

One final dump before tight consolidation leading to massive pump. ATH within 90 days.

bstuart1984

Bounce off the daily @ ~approx. 32-32.5, then head to 37.5

bstuart1984

The selloff from 14k down to 6.3k. We went sideways for about 40 days. Will we see something similar play out for BTC? This would put the crypto rally at around the beginning of July.

bstuart1984 Updated 

Depending on what happens next will mean a lot IMO. A Higher Low could be the sign of an earlier recovery. Time will tell. If it fails, my original bottoming out is still in play.

bstuart1984 Updated 

If BTC flash crashes we could see a fast drop down Monday or Tuesday. I'd expect a quick recovery after. This is a complete shot in the dark. Let's see what occurs.

bstuart1984

First leg of support is 43.5k area. We could see as low as 38k. Shorts enter at the retest of 50-51k area after a drop to the local low (if you're even given the chance, it might just go).

bstuart1984

I'm going to stay on the side-lines thanks.

bstuart1984

Just a fake out or a sign of things to come?

bstuart1984

Layer your entries boys...

bstuart1984

VPVR Indicators shows strong support at the 2D Open. Looks like a flag. Could see a large bounce around 1.64, with a possible big wick before the upswing.

bstuart1984

ADA just barely kissed the breaker upper wick at 1.6676. Looking for resistance at the top of the FIB .786, which is the 1D open before we move higher again.

bstuart1984

If we retrace all the way to the trend, this is a possible bounce scenario.