cryptoroi

cryptoroi Updated 

If I were to make a (not so, pretty much based-on-nothing) calculated guess about how BTCUSD chart will look like in the next 3-6 months, this is what I think could happen. Q1 2022 - expiration in mid march: As we're still in downtrend months Jan and Feb will be 2 red monthly candles with price bouncing between local support/res levels like (1) $42.6k local...

cryptoroi

Been sitting in a position with avg. price at 21110. there's a high chance BTC will be making a strong comeback, and we'll see a cancellation of that small correction at 31k in august and potentially a very strong move(short squeeze?) in the area of sub 40k prior to futs expiration mid-late September, then a strong green open of October monthly candle. But at...

cryptoroi

is downtrend over? time for a nice rebound? seems like it Look at that RSI res line - we have 3 points on the line already, and that means that the next breakout won't be a fake one.

cryptoroi

quaterlies, expiration, time to close shorts etc etc next 2 weeks are green, and there's also a nice bullish div on most instruments

cryptoroi

Get ready for profit taking by bullish players and thus a sharp decline I'll post more text later

cryptoroi

Looks like the price could see a good downward correction, with participants taking profit @ end of year, and overall markets being overbought significantly. This would lead to an inverse H&S so we' most likely see a good rebound sometime in 2nd-quarter of 2022. Descending resistance line is not flat enough to act as a support and and is tbh too short, and as we...

cryptoroi

The price is very close to a making a (fake)breakout on that strong ascending support line (see main oscillator - long period RSI) so in next couple of days I think we're entering endgame of 2021, acceleration to upper 60ies(maybe even mid-upper 70s) and then a sharp profit-taking correction in mid/late Nov-early Dec, which will likely end by 11-15th of...

cryptoroi

Maybe I'll add some text here later, but imo the chart looks good for a long swing, which will could retest upper resistance line in 1-3M time range. There's already quite a significant contraction during this correction(which has been ongoing for the last 1.5 years) and a new a new monthly candle starts in a week, so let's see how it goes. Below is a short...