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racethehare
Aug 2, 2020 4:23 AM

BTC Finds New Support Short

Bitcoin / USDCurrency.com

Description

Buy the dip.

Comment

Flat tops on the 12 hr

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OBV Say "no", and massive red incoming:

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Low volume and downward suppression with final Bart move

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forming bearish rising wedge under larger sideways formation

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Wow, impressive wick. Is this the real deal pump, or the scam before the dump?

Comment

BTC just went into tripple overtime...
Comments
Xandolf
i want to know what you are smoking?
racethehare
@Xandolf, longs
PhilVo
@Xandolf, he was right. It happened
TBTS
good man, good content, all in below 1500
racethehare
@TBTS, Thanks!
Phi-Deltalytics
Buying the dip - yes.
1k? I highly doubt it.
Larger timeframes are getting extremely bullish.
racethehare
@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.
meatball-bandit
Thanks for the post.

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