blakemiles84

blakemiles84

RSI timeframes

blakemiles84

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blakemiles84 Updated 

Looks like a bearish divergence on the RSI with lower highs on higher RSI levels at previous prices. Throw in some Craig Wright drama with Roger Ver, pending forks, technical questions and continued development on the BTC competition, short looks obvious to me.

blakemiles84

COINBASE:BTCUSD Wishful thinking or reality? New Bitmain news about their BCH holdings SHOULD be bullish. Aug 15 CBOE Futures close generally means the Bart Simpson patterns will come fast and furious, likely due to phone calls from the Bogdanoff twins. SEC keeps delaying ETF decisions because their co-conspirators aren't done raping the market. My...

blakemiles84

Pure guesswork. Likely because I want it to be a reversal. BTC fundamentals certainly aren't worse. Arguably much better. News appears to be coordinated, if not part of an outright strategy.

blakemiles84 Updated 

Objective Observations No major fundamental attack No catastrophic (systemic and critical) event Downtrend pri marily profit taking and secondarily news-driven since November (amplified by governmental regulatory discussions) Assumption Big money front-running. Market being artificially suppressed.

blakemiles84

Seems a convincing dip out of the green range into the blue, with a rejection from the green. Down to 103.6 target before rebounding

blakemiles84

Still upward trend but teetering on short term correction

blakemiles84

Seems like a similar pattern in early September, possibly in the process of repeating.

blakemiles84 Updated 

Just a guess based on previous 'sharp rise/drop' patterns and existing trendlines. Slow volume in all other crypto-markets waiting on BTC to make a move. Bouncing off previous trendline from late July

blakemiles84

would've been great if i held it long enough. dammit

blakemiles84

looks like a quick easy rebound to ~1.12

blakemiles84

Bounce off top range now that its broken the top range. Should break below bottom range down to previous support.

blakemiles84

What came first? The production cut or this inverted head and shoulders? :P money.cnn.com

blakemiles84

Here comes the end of a smaller triangle within a much larger triangle. Break higher or correct before rebounding?

blakemiles84

Range remains intact; short term triangle approaching with tightening BBands

blakemiles84

Rapid climbs and rapid drops.. all within range.

blakemiles84

painting the bottom of a long support line; approaching the end of a large triangle. Will go one direction, likely big.