onobeka

onobeka

The graph explains it all. Above 10k (which was just rejected) we may have a huge breakout, yet it looks like the bears defended it well. I cannot simply explain the pump we had today, I believe it was an exit pump or simply manipulation due to the low volatility of yesterday and the whole halvening event going "unnoticed". On the short term I see 8600, 8200...

onobeka Updated 

Decision time.

onobeka Updated 

Support indicated by the organge boxes, which repesent fib retracements for 0.382 and 0.618 levels on multiple intervals. Heavy resistance is expected above 8700. A straight prediction for the next significant move is pure guesswork at this level. Possible best option is to wait for the market to decide and observe the price action in between the indicated levels....

onobeka Updated 

Rising wedge on BTC, current ascent, even if supported by all good news is not sustainable ling term. The wedge could be sharper, depending on where the bottom line starts. I start mine after a solid move, and I do not include that move.

onobeka Updated 

Frenzy moon boys dreams.

onobeka

Looking at the big picture, breakouts are less violent, less expected.

onobeka

If this breaks the 4h trendline we will go lower. However, short term I believe we shall go up. 3460 has barely been broken. Very strong support arround 3450-3470. OTOH 3370-3400 holds. Watch out for wicks, they signal whale movement. Several wicks up, bearish, the other way arround.