hokask

hokask

Looks to me we broke the weekly rsi which decides if we are in a bull or bear market right now.

hokask

IF WE CLOSE ABOVE THE CHANNEL WE HAVE OFFICIALLY A BREAKOUT

hokask

We might see a short term bounce from here, but we are still going down, short term target is 9k.

hokask

My short target is around 7.5k

hokask

Alas we have crossed the daily MACD and have run out of momentum, too many bearish signals, I would short this to 7500 target.

hokask

I think we are up for the next bull run, I compared this to last year bull market, the bull market of 2019 started on december 18 2018, the next bull market start at the same date.

hokask

This gotta be the biggest bearish divergene I have ever seen, this is gonna crash hard

hokask Updated 

All bearish indicators are flashing right now, the only one left im looking for is the daily MACD crossover, which is a sign we have run out of bullish momentum, on the flip side we have crossed the weekly MACD, which we have not done since the last bottom. My target was around 9k which was meet, but the swing high has not yet been confirmed without daily MACD crossover.

hokask

Looks like we are beginning to pump and start the next bull market for bitcoin

hokask

We topped out at the top of this channel, I think we are going down now, be extremely careful buying this.

hokask

My BSV forecast, I think we are in a ascending wedge, we might get rejected at the top of this wedge, and retest lower levels.

hokask

This is very similar to may 2018, we had a inverse head and shoulders and we got rejected at 0.706 fib extension, if we get rejected at 0.706 the target is approx 9k.

hokask

The setup of BSV is very similar to BTC we might see similar gains and finally break out of the channel

hokask

The bitmex funding rate has not turn enough bullish yet, when it's getting really bullish that's when I consider closing my current trade. My target of 9k is still on.

hokask

I think we have enough momentum to reach 9k and reach 200 daily MA

hokask

The bulls are a bit exhausted, but I think there is still some strength left to hit targets upwards of 8.7k which will approximaly be at the top of the channel before we go down some, still some energy left in macd. Our target of 8.5k was hit and there could be some short term downside, but im still holding. I am strongly considering selling whenever we have no...

hokask Updated 

My current short term target is around 8.5k with the 21 weekly moving average, this would also fit inside the golden retracement from swing high to swing low.

hokask Updated 

Right now at 1 hour we have a bearish divergence, but I don't trade on 1 hour it's too much noise, a wise man once said daily and above is were you make most amount of money, we might form a hidden bearish divergence on the daily, and we might get stopped out by 21 weekly moving average, my target as of right now is 8.5k in the short term, there is still momentum...