silmaril0875

silmaril0875 Updated 

This is very healthy for BTC at this point. we need to go back to good support and go up from there.

silmaril0875

Very nice formation on 15 minutes for BTC.

silmaril0875 Updated 

Seems BTC is going to make a decision very soon. Seems the bulls and bears have hit middle of this 30 min higher and lower equilibrium. Lets see...

silmaril0875

So, BTC has run out of steam after that great run and we might repeat the fractals we saw the last time. It might take up to 5 days as we need some cool off before the next pump up.

silmaril0875

Seems BTC is not ready to go up. Volume and formation is proof.

silmaril0875 Updated 

Interesting how quickly the sentiment changes in the market. 2 days ago we had bullish signs on the 30 min and not we have H&S (with confirmed volume) with descending triangle's are forming which shown down... Big question here is, does this invalidate the trend break?

silmaril0875 Updated 

Nothing goes up in a straight line. We need to retest that 8300-8400 range to make sure we have support to make that last push to 5 before a 10%-15% correction.

silmaril0875 Updated 

We might need another couple of weeks before BTC if going to go higher. The big influx of people over November and December has temporarily dried up and we need time before people get use to the idea on BTC being in the $15K range before more money will flow in. This market is at a ATH, and the new money folks needs time before they see this range as being...