ClearOpenDoor

ClearOpenDoor Updated 

Bitcoin continues its feeble attempt to move up without moving downward to the buy zone first. Can someone tell these whales propping up the price that they are only helping the alt coins right now? If BTC wants to assert its dominance, the best way to do so will be to stop treading water and do a deep dive. You'll see how quickly #1 regains market share when...

ClearOpenDoor

Bitcoin just touched right through the zone which I had indicated as a potential short-term reversal point. I think this should be good for a scalp play back up to 55.5k. It is highly risky however and one might be better off waiting until we get much lower before even thinking of longing.

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So far we're seeing a lackluster recovery from bitcoin after 5 consecutive bearish 4-hour candles in a row. Let's see if we have enough left in the tank to re-test the $56,600 zone or if we continue downward from here. We do have a possible spring-board opportunity once we fall to $54,000. That's really the last chance the bulls have of temporarily recovering...

ClearOpenDoor

Gold is in a descending channel. We have lower highs and lower lows on the monthly time-frame. My hope is that in the long run it will form a handle, as we already have created a massive cup all the way from 2011. Ideally I'd like to see a sweep into that powerful $1500 supply zone sometime around the beginning to middle of next year. That may be the last time...

ClearOpenDoor Updated 

Bearish engulfing on the 4-hour with continued downside. I think we are going to see the daily close even lower than where it began today. As forecasted yesterday we had a sweep of the highs. Now the bleed-out begins. Expecting a shooting star close on the daily and then the fireworks really begin. Last month we closed with a clear reversal candle and...

ClearOpenDoor

Careful guys. This could be just the start of the next phase of a major, major correction. I'm seeing all kinds of projections right now. Everything from 200k by the end of the month to 17.5k by the end of the week . Personally I'm leaning toward a quick trip to 41k.. reevaluating from there Small possibility of a semi-strong bounce after we drop to the...

ClearOpenDoor

Okay so, everyone invested in DOGE should by now know that Elon Musk is hosting SNL this upcoming Saturday. Clearly the most famous backer of this coin being on the largest sketch comedy platform in existence is a strong case for bullish accumulation, and it has been reflected by a strong price increase over the past couple of days. The question is, where does...

ClearOpenDoor Updated 

There you go ladies and gentlemen, boys and girls. A simple weekly chart for bitcoin. With roughly an hour to go before the weekly candle close, we are prepared to drop just enough to finally lose the bullish engulfing status we have been enjoying for the past 3 days. I predict that, with all the shenanigans going on in this market right now, we will close...

ClearOpenDoor

How do you think ALPHA will close this weekly candle? It has had a sizable bounce from the swing-low this week, resulting in almost 100% gains for those who are holding. Congratulations if you are one of those people. Now, if you are still waiting on the sidelines and think you have missed out on this absolute beast of a coin, pay attention to the daily and...

ClearOpenDoor Updated 

Hello everyone! As we can see, the market cap percentage of bitcoin is now below our last vestige of a weak support zone. We received a minor bounce attempt on April 30th, however it wound up being weaker than I had anticipated. I will now lay out a couple of ideas on what could happen next. Any kind of upward movement from bitcoin is now clearly outpaced by...

ClearOpenDoor Updated 

First-time publisher here! We have a major trend reversal today as far as BTC dominance. It's currently breaking out to the upside - and hard! I've placed some local targets that it may soon reach. Personally, I'll be targeting roughly 52.5%. That would be 2 more similar measured moves on the 4-hour, which would take us somewhere in the vicinity of...