racethehare

BTC Finds New Support

Short
CURRENCYCOM:BTCUSD   Bitcoin / U.S. Dollar
Buy the dip.
Comment: Flat tops on the 12 hr

Comment: OBV Say "no", and massive red incoming:
Comment: Low volume and downward suppression with final Bart move

Comment: forming bearish rising wedge under larger sideways formation
Comment: Wow, impressive wick. Is this the real deal pump, or the scam before the dump?
Comment: BTC just went into tripple overtime...

Comments

i want to know what you are smoking?
+3 Reply
@Xandolf, longs
+3 Reply
PhilVo Xandolf
@Xandolf, he was right. It happened
+1 Reply
good man, good content, all in below 1500
+2 Reply
@TBTS, Thanks!
Reply
Buying the dip - yes.
1k? I highly doubt it.
Larger timeframes are getting extremely bullish.
+1 Reply
racethehare Phi-Deltalytics
@Phi-Deltalytics, I saw this chart and enjoyed the thorough TA and FA. CME gap and institutional dollars are important, but I think even more is the amount of margin accounts and extreme leverage this time around compared to 2018 post-highs. All the new retail traders didn't enter crypto this time, but surprisingly went to equities through apps and companies that have a lot more $$ for marketing and smooth user-interfaces.
Reply
Thanks for the post.

what is the reasoning behind the line drawn at 952?
+1 Reply
racethehare meatball-bandit
@meatball-bandit, matrix support on Volume and Volume by price
Reply
i can see that happening. Do people think the world crisis is over? Think again!
+1 Reply
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