chillcrypto

chillcrypto

Off 18% at the time of this note. Hit a prior area of consolidation. Likely moving through this level and on to the next lower support line before a reversal.

chillcrypto

We seemed to inch up just over the range we've been consolidating in and have 'just' peeked over the range we've been consolidating in. Will this hold? Or will we fall back into the range as we have previously? Seems gold is shinier than bitcoin right now.

chillcrypto

If you are willing to accumulate and hold we are nearing the all-time low. After a cost restructuring 02-Nov, 2020 - the next key point is 2Q 2021. Regardless of the news reported in Q2, as we get closer there will be more interest in this company that may offer a unique opportunity for patient investors. Given the possibility of a volatile market during this same...

chillcrypto Updated 

PBW could be consolidating above the current support level but further upward momentum from here will take time. Waiting on a resumption back up - but for now am not holding PBW.

chillcrypto Updated 

Appears to be a head and shoulders pattern. (Note that as of this chart, BTC was down ~3%.)

chillcrypto

The momentum seems to be weak here as we consolidate in this channel. Do we break out above from here or test the support level below again? Or will we hang out until everyone gives up, break out above and then trigger FOMO buying?

chillcrypto

BTC indicates underlying value of GBTC (not exactly 1:1 as GBTC is a 'representative' fund). Current trend is downwards into a range of support that has been touched several times recently.