stacktoshi

stacktoshi

What do you think 2021 will bring us?

stacktoshi Updated 

OANDA:NAS100USD still looking very bullish but there is still reason for caution. The TD indicator is indicating a possible local top. We're on a weekly double 9 The daily 9 is coming up along with a 13 countdown. Cloud all lineup for a clean pull-back.

stacktoshi

Looks like a cup and handle pattern with a target of around 11600, if BITMEX:XBTUSD is able to brake current level there is not much more resistance above. let see how it plays out.

stacktoshi Updated 

I guess the title kind of says it all. Looking at the chart ETH has pretty much broke any kind of support there was. I really believe the altcoins have had their last pump and are now trending to 0 against BTC

stacktoshi Updated 

Looks like this was a miniature 2017 run giving us a quasi target around 7330

stacktoshi

We are back in the channel, we really don't want to end the day still in this channel. Using the tone system the daily chart has given us a bearish entry to a possible 9 count.

stacktoshi

This is a critical point, i see a potential breakout coming. Ideally we want to break this trend line and complete the cup and handle formation

stacktoshi

we need a 9 to show that we have exhausted the downward momentum otherwise i don't think the short term bouns will hold

stacktoshi

normaly i'd say never short BTC But i'm short here for now no support i'd like to see 8000 then we can go higher