jryan20

jryan20

Why not?

jryan20

Seems ready for a big move.

jryan20 Updated 

Still could see huge capitulation as wave C of the correction seems negated but not out of play. Facts: - BTC closed its July monthly candle higher than any other close besides the blow off top at 20k area. - Volume was good - REKT city drop was a manipulated long squeeze due to moon boy leverage. - TD 5 on the monthly (not the best TF but still the first in a...

jryan20

Taking the wicks out of the equation you can see we punched through the 1.618 fib extension. Unless regulatory noise/FUD are used to liquidate longs (possibility very real) I dont see a reasonable pull back until 30k. A 30-40% drop would be healthy after this is hit as MAs are so far below on a weekly timeframe. Keep your eye on a pull back to the MA20 on the...

jryan20

Ill let the chart and indicators say it all. Scary similar pattern which led to a blow off top last year in July.

jryan20

Looking for a bottom of 1700 area. Would be the buy level of a lifetime.

jryan20

Target 11800

jryan20

Hmmmm.

jryan20

Been watching this for a year. Time to load the boat.

jryan20

Hard to predict but the ABC correction seems to have completed with a 5 wave C. I see some turbulence ahead at golden pocket but if it can break through and retest lower support with conviction.... we take on the declining trendline from prior two wicks. Break of that and I see 14k+ within 1-2 weeks.

jryan20 Updated 

Just a conviction. Let me know your thoughts.

jryan20 Updated 

Dropped below key support. Looking to cross back into channell. Volume seems to be picking up suggesting a move. If this breaks 250 on volume I see LTC retesting 280 area in next day. If drops below 245 I see us retesting lows in 210-220 areas.