kalvitethehodler

kalvitethehodler

One last hurrah, then I think there is a strong chance crypto falls into the abyss

kalvitethehodler

I think the downtrend and bear market is more than obvious at this point. We are crashing down to lower moving averages on the big time frames but Bollinger bands often offer good wings. I have a 45k short target, or something close to that

kalvitethehodler

I think BTC will top out with a shoulder here or closer to 54/55k. Once that happens it will be sent down and when it breaks support straight to 30k, imo

kalvitethehodler

you cant short, its a trap in the short term. Even if it comes back down its bullish, time to scare some shorts and squeeze it to 55

kalvitethehodler

Should retest and have a bullish continuation. Expecting a brief dip

kalvitethehodler

we can squeeze this peach up past 54k but BTC is already at big resistance . Multiple W patterns make me think a dip may be coming in the short term but it should get bought

kalvitethehodler Updated 

Looks like BTC is Fighting for that bottom red moving average. Could see nice consolidation and if we get above it potentially a move back to 54 or 55k in due time

kalvitethehodler

We are under every loving average on the ribbon with multiple death crosses.. Looks like shes screwed

kalvitethehodler

expecting more downside, especially if BTC cant retake 47k. Watching, waiting.

kalvitethehodler Updated 

It is always possible BTC moves back up to 54/55k to fully complete this pattern but I have opened a small short. Have to scale in at support and resistance and right now the chart is starting to fall apart.

kalvitethehodler

I think this can play out if that bottom moving average holds. But the chart is breaking down, it could break.. we could also pump out of this and not test it, but i think that W pattern will send it down a bit more. going to watch 47k to see what happens if its tested again like I suspect it will be

kalvitethehodler

As long as 45k holds I see a strong chance of regaining momentum. Where do u guys think the bleeding will stop in the short term, if it will

kalvitethehodler

Looking for 46k ish to hold in the short term. I think we will retest the wedge just like the big macro pattern did, I am chancing a long. SL 45678

kalvitethehodler

looking for retest of this wedge followed by continuation. maybe 49-50k

kalvitethehodler

Added bars to make the visualization easier. Pretty good huh?

kalvitethehodler

expecting a very big dump soon. Bull market is shot for crypto, in my opinion. I think a great short is 53k-55k with a stop loss somewhere above the wedge resistance.

kalvitethehodler

Looks like the time to be in bsv. Very bullish setup

kalvitethehodler

are we going to break down, or will support hold. Looking stronger than btc as of now but that may just be temporary