eb8

very interesting (short term long, unsure future)

Long
eb8 Updated   
COINBASE:BTCUSD   Bitcoin
In the entire course of this run up, on the 4h, it has never broken (on close) the 90 moving average, or even tested the 200. We have had both occur in the last two days. This definitely signals a break of the uptrend of the last month.

The TSI, and the MACD always lag a bit behind, but if you look at that RSI, and that STOICH... I am guessing it's going up from here. This was a pretty healthy correction if you throw a Fib Retrace on there. Hit the .382, just about perfectly.

And again, eye popping on the daily.... the RSI.
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And the STOICHIOMETRIC
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And when I say up from here, I mean in the short term. Long term is still up for grabs, depending on what the market does.
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Had a shaky test today, back down to 7450. If we legitimately break 7500 (definitely 7400), I think 7000 is very likely. But since we didn't I think 7800 is a certainty, and if not only 8k+ with the weekend coming up (we might retest 9k with the weekend coming up), crypto being the only show in town (and unless anyone know how to short crypto, and especially after hours, and on the weekends [If you do, please contact me, and tell me how.}), Only way anywone can make money off this shit is if it is going up. And the whales love to make money, even on the weekends.

My best guess is that they are going to try to push it down as low as they can, so they can take as many profits as they can over the weekend.

As usual, look for a Monday morning sell off before the real stock market opens.
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Double bottomed off the 4H 200, just like a double top. What does that say to you?
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It's probably going to go down tomorrow, but I think a retest of 8400 over the weekend is an almost certainty, and a retest of 8900, a definite possibility.
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Expose this shit, and fuck these rich, market moving, assholes.
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poor people exploiting assholes, can go to hell.
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Oops, did I say that? LOL. Analysis, still holds true.
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