n3u120

n3u120

Really tired of hearing about 'bear traps'. It's called a bear market. The yellow short-term targets show either direction is possible, the key here is to react on confirmation of a target- not predict the direction with a crystal ball. That said, if I had to give long term prediction it's the two buy zones outlined. I'd like to see capitulation before trusting a...

n3u120

I have been bullish on BTC for awhile and still am long-term, but looking at the charts I can't justify a reversal yet. Let's break down the Ichimoku cloud- We have price action in bearish territory with a strong bearish TK cross and our lagging indicator is showing clear signs of bearish price action. Our RSI has refueled, but has yet to cross 50-70 range, so...

n3u120

This thing could go up, down or sideways. It may even travel back in time. I'm thinking we could see an inverse head and shoulders or a double bottom before going up (or down(or sideways)). I have been making positions in the $8-9k area as I have a lot of long-term faith. Definitely possible to go back down to $7K area again, but I saw a lot of resistance at $7k...

n3u120 Updated 

I like to keep it simple and I think this lines up with tech analysis basics and current news events. I'm very new to the space and markets in general- scientist by profession. I'm hoping for scenerio (B) as I'd like to finish out my cost averaging. Didn't include the $5-6k support. It's an option, but don't think it's very likely.

n3u120

New to all this, but looks like a cup and handle to me. Just placed a position.