inVinnieVeritas

inVinnieVeritas Updated 

After a quick powerful wick to $3 followed by rejection with major selling pressure ALGORAND is now at crossroads. One one side If we manage to push it back up and can close over $3.16 on the daily time frame that would make the case for next targets to $3 and followed to New ATH at $3.5 and over time. On the opposite, If we fail to do so or close even a...

inVinnieVeritas Updated 

STORJ about to produce a big move up with any daily closure above $2.19 on a daily time frame. Target over the next few days would be $2.8 Invalidation point would be any daily closure under $1.95

inVinnieVeritas Updated 

Curve about to produce a macro breakout VS bitcoin with any daily closure above prior high of ₿0.0000853 on a daily timeframe. Target over time is at the 2.618 Fib at around ₿0.00015000 Invalidation point would be any closure under ₿0.00006500 the Daily

inVinnieVeritas Updated 

We are currently consolidation after an impressive macro run on volume. Current short term sideways consolidation between $2.6 & $3.62. Any break of the $3.62 will bring continuation around $5 @ 2.618 Fib Invalidation under $2.2 on the 4HR Invalidation under $2 on the Daily

inVinnieVeritas

While I'm very bullish with Bitcoin on the mid and long term I think there's still room for one final move lower be set in. I'd expect a short lived bounce at my first target before resuming the downtrend to target 2. Any 4 hours candle closure below the prior low should precipitate bitcoin to it's second target.

inVinnieVeritas

Interesting enough and based on the BLX historical data chart dating all the way back from 2010, we see that by simply taking a fib retracement extension every time bitcoin has put in a weekly uptrend and reversal cycle, the .4236 has proven to act as the low of the next bear cycle (green horizontal lines). According to this and if history does indeed repeat...

inVinnieVeritas Updated 

We are once again at the blue box liquid zone levels that has in the past years, each time violently pulled us down we attempted to make a close above it. Will this be just just another fakeout or will bitcoin be able to close above suggesting a macro change of events and possibly new all time highs? All this remain to be seen but keep in mind all this could be...

inVinnieVeritas Updated 

Keep closing candles within the pennant and over the weekly 200MA

inVinnieVeritas Updated 

Potential pullback after 9500$ resistance areas are target 1, the 200MA currently at 8800-8900 and target 2, 8200 where a potential golden cross is forming.