id like btc to hodl its low, then have some money flow around a bit, pop some alts up a bit more, and get back to btc before the next big move.
right now I think we have tested both 10.4, and 7.8 alot.
THat said, if we hold the low, we will test around/above/below 8.5k. If we close above, up more, if we close below, we see if we hodl the low. If not we may go to 7.2/6k area. So have cash at 8.5 (if we get there).
we havnt tested 6k in a long while, even after we broke right past it from the 3k move.
at the same time we havnt see 14k usd in an even longer period, if we get around 14k i think real fomo sets in and we hit near ath or double top/ SFP in days (22k)
but enough dreams, lets see what happening now. Notes on chart.
there is more to be said about vol, i know some dont use it, meh. I would like to discuss this vol and chart with others for their views but not many enjoy that.
If we go under the current low, i think imminent tests of 7.2 and then if that falls, under 6k, then probably close above 6k on 3d, but that will be quite the mess to reach that low into buyers.
If we hold the low, test around 8.5 to see what occurs, above it, it hit 10.4 again I dont think it will hodl. If it does, it should at least consolidate there, not just a spike as the last 2 times.
right now I think we have tested both 10.4, and 7.8 alot.
THat said, if we hold the low, we will test around/above/below 8.5k. If we close above, up more, if we close below, we see if we hodl the low. If not we may go to 7.2/6k area. So have cash at 8.5 (if we get there).
we havnt tested 6k in a long while, even after we broke right past it from the 3k move.
at the same time we havnt see 14k usd in an even longer period, if we get around 14k i think real fomo sets in and we hit near ath or double top/ SFP in days (22k)
but enough dreams, lets see what happening now. Notes on chart.
there is more to be said about vol, i know some dont use it, meh. I would like to discuss this vol and chart with others for their views but not many enjoy that.
If we go under the current low, i think imminent tests of 7.2 and then if that falls, under 6k, then probably close above 6k on 3d, but that will be quite the mess to reach that low into buyers.
If we hold the low, test around 8.5 to see what occurs, above it, it hit 10.4 again I dont think it will hodl. If it does, it should at least consolidate there, not just a spike as the last 2 times.
Comment:
Al,
hold 607x we go to 8k again
Al,
then range
Al,
Al,
607x down to the 1 min
Al,
i believe that the 607x is an important level. the daily close today is likely a type of doji candle. Anyway, was the bottom in? lets see if this is a top and we range from 6.1 to 4.5 or whatever next while, or if we pop 6.1 i believe we will range to 8k, but I do prefer things go cheaper, just a preference.
Good luck everyone!
Al,
then range
Al,
Al,
607x down to the 1 min
Al,
i believe that the 607x is an important level. the daily close today is likely a type of doji candle. Anyway, was the bottom in? lets see if this is a top and we range from 6.1 to 4.5 or whatever next while, or if we pop 6.1 i believe we will range to 8k, but I do prefer things go cheaper, just a preference.
Good luck everyone!
do not pass go
do not collect $200
wowee what a drop. lets see what happens now with the nyse open.
They just circuit breakered it after 7% down lol.