LuckyLefty

LuckyLefty Updated 

OBV belies accumulation as price descends. Obviously BTC is pumping and for as long as it’s run continues the price will continue to fall so average down. Will update with targets.

LuckyLefty Updated 

A study of price action shows nearly inverse behavior from around the time we fell from $6k. Everyone probably knows where they were on that day. To me, signs and sentiment are signaling an upward thrust but this observation isn't meant to decide that. I've also been keeping an eye on how open interest is behaving and it is reaching levels we haven't seen since...

LuckyLefty Updated 

Pretty simple: Volume leads price.

LuckyLefty Updated 

You can certainly try to short from these levels but instead I'm using this bearish signal as an opportunity to long from the next support and area of confluence ~$3.9k

LuckyLefty Updated 

Keeping an eye on this formation...

LuckyLefty Updated 

If the ABC correction is finished. May be a little more down to the low $3.5ks.

LuckyLefty Updated 

Scalp Idea. People are probably eying the inverse head and shoulders but I don't believe it to be valid. Tight stops on this one if we get a good entry. I'm still bullish overall.

LuckyLefty Updated 

Check my count.

LuckyLefty

May signify the bottom has already been reached.

LuckyLefty Updated 

Resting on fib support and Slow stoch is bottomed out. Volume is low but if support holds it should want to return to the mean where its below both the 50 and 200 MAs.

LuckyLefty Updated 

We've now entered our buy zone for a potential long trade I alluded to in a previous post this week. I'm slowing going to start adding to my position here while I continue to look for signs of reversal. Our conversion line is still above the basis on mid-term time frames and support is approaching quickly if we can hold here for a couple days at least. Slow Stoch...

LuckyLefty Updated 

I've really been enjoying using the cloud lately and its proven fairly accurate. My last trade was based on the conversion line cross highlighted, strong green candle breaking into the cloud, and solid upward momentum on the MACD . Volume could have been a little stronger but I was confident momentum would carry it higher based on sentiment and relatively good...

LuckyLefty Updated 

MACD, volume, and pattern in confluence.

LuckyLefty Updated 

Similar move to the previous breakout.

LuckyLefty Updated 

Butting up agains resistance on a generally unpopular trend. If it breaks we should go higher.

LuckyLefty

I think the market has spoken and has decided to ignore 2x. I think there will be a dip right before the fork. Should be a good buying opportunity before BTC continues upward.