pnaik732

pnaik732

Triangle on the 4h watch for the break and confirmation

pnaik732

RSI on the 4h is high and the hope-despair line is about to be tested. If you are a bear, short If you think the bear market is over, this line must break first, then it is on to the go-line

pnaik732

I was actually thinking BTCUSD would dominate and break through this line, but an absolutely textbook rejection. Risk on could be here, but a re-test is always possible.

pnaik732 Updated 

nice bull flag on BTC.D, could the bull of all bulls lead BTC.D through resistance?

pnaik732

Further credence to a big move coming in crypto Watch this black diamond trendline, if there is a rejection might mean alt season, if it goes through then BTC leads. Can't really say if BTC leading is good or bad for crypto. It does tend to lead when markets are crashing, but could also mean demand for the bull of all bulls

pnaik732

BTCUSD showing Bollinger squeeze on the Weekly get ready for a big move; Bollinger does not predict the direction

pnaik732

opportunity to go long if trendline breaks not financial advice

pnaik732 Updated 

There was just a re-test of the lower trendline on the 4h and a very nice bounce here Think this has a chance to get to 19.6k "for sure", after that depends on CPI Not financial advice

pnaik732 Updated 

look at this massive candle we are now in the bad news is good news period (or really the good news in the bad news is good news) so at least today, people are buying get and hold above the solid blue line and even more people will buy.... watch carefully what happens the next few days and follow the herd either direction, the alternative is FOMO later

pnaik732 Updated 

Tail candle says the bulls are not dead just yet 19.6k "guaranteed" not financial advice

pnaik732

Risk On potential this week the week is not over yet, so this could still collapse below the trendline all eyes on CPI

pnaik732

They are clearly defending 19k and trying to stay above the trendline.

pnaik732

On the weekly, have printed a DeMark 9, 13, and will possibly print another DeMark 9 next week. People are getting exhausted of selling this. The market has decided this 19k range is a fair enough price for Bitcoin. Good news will make Bitcoin squeeze up, but good news remains on the horizon But the lack of bad news, or rather the actual bad news that makes...

pnaik732

back to neutral Bitcoin still in good shape above 19.3k Otherwise it is going to revisit the previous channel again, 19.3k down to 18.3k range can't predict the future, but personal feeling is enough is enough with inflation lagging indicators, we know the leading indicators are improving but all that matters is CPI because the Fed is laser focused on this......

pnaik732

bull flag consolidation between long-term trendlines I am bullish here - not financial advice - things can always go wrong

pnaik732

money printer going brrrr in the UK reclaimed the triangle apex --- which is a start

pnaik732

should have been more confident with my last call, but you never know direction with a triangle nice triangle breakout, now needs to stay above the apex for more gains

pnaik732

looking for a move... hopefully up, but could go either way