samfanderson1597

samfanderson1597

I think that this rally is pretty overbought and this short squeeze is about over. Going to be a red market in equities so I think btc corrects to 58k

samfanderson1597

Either we hold support here or drop to 58-59k I think, wish I could get my entries a little better and enter a position with size. Funding is low atm but still a fair amount of leverage in the system.

samfanderson1597

If ADA breaks downtrend that has held it below 2.50 since 3 dollars and holds 1.85 support, it should be able to make a move upwards toward 2.50-3 once again. Various Fib-extension targets are also shown if this plays out and daily RSI is nearing oversold levels.

samfanderson1597

This is the confirmation bias you need for fibonauicci extensions and a 100k BTC in the coming months

samfanderson1597

The top will be between 72k-75k based off of the Fibonacci extension 0.786 from 29k-53k. I feel confident in this and will take shorts appropriately.

samfanderson1597

I think Hut 8 must retest $13.5 previous resistance before continuation upward. If it breaks that, 8.50 is my downside target. To the upside look to 23 dollars as new target.

samfanderson1597 Updated 

3 ways I think PA goes on the hourly not gonna enter a position tho

samfanderson1597

If it breaks long term downtrend in next few days here is what I am seeing for ADA

samfanderson1597

Must hold Long term trend line tho for this thesis to be valid

samfanderson1597

If this blows up, it'll be hilarious and complete my thesis that we are in a simulation.

samfanderson1597

BTC flat over past day in 58-59k range, but rsi trending upward on hourly chart. Not going to take this one cause i got a midterm tomorrow but I could see this retesting 64k by sunday.

samfanderson1597

BTC seems to be forming head and shoulders and may dip to 53k if it breaks 60k and support here

samfanderson1597

I stand by these and like no one cares about this analysis but I think these trend lines will hold.

samfanderson1597

If we stay rangebound, imma stand beside this till February.

samfanderson1597

This is every major trend line I am seeing on the BTC daily chart, as long as we stay above head and shoulders line (blue) we stay bullish

samfanderson1597

BTC yet to break back over 64k or descending trend line

samfanderson1597

This is just some TA on Hut 8 cause it has had an insane run up and jumped 17% today.