HI GUYS, HOW IS IT GOING, HOW ARE YOU TODAY?
HERE'S AN UPDATE ON H2/H4 BINANCE BTCUSD. WE HAVE STRONG SUPPORT RIGHT BELOW US, BTCUSD DAILY PRINTING A SEQUENCE OF HIGHERS LOWS.
SMALLER TIME FRAMES, IT'S CLEAR THAT WE ARE UNDER ACCUMULATION. WE WILL LIKELY SPEND THE ENTIRE MONTH IN TIGHT RANGE, WHICH
IS 6250-6650. WHY IS THIS ACCUMULATION? WEEKLY FINEX SHORTS RISING WEDGE RECENTLY BROKE DOWN, BEARS HAVE LIMITED STRENGTH NOW.
LOOKING AT DAILY, 6200-6250 IS SUPER STRONG DUE TO RISING BULLISH TL ON DAILY, I DON'T SEE IT BREAKING ANY TIME SOON.
IMPORTANT LEVEL IN Q4 IS 7150, WHICH IS Q4 BALANCE, I FIGURE WE ACCUMULATE IN RANGE TILL END OF NOVEMBER AND THEN TEST 7150-7250,
ONCE THIS RESISTANCE IS CLEARED WE GET A STRONGER BULL RUN AND A BIGGER MOVE IN BTCUSD.
THIS IN TURN SHOULD TRIGGER A WIDER ALT COIN RALLY, SOME ALT COINS ARE ALREADY POPPING DUE TO COINBASE LISTING (FACT OR RUMORS).
THEREFORE KEY TAKEAWAYS ARE AS FOLLOWS:
1) MONTHLY INSIDE CANDLES - BULLISH
2) H2/H4 BINANCE - BTC UNDER ACCUMULATION
WILL SPEND NOVEMBER IN TIGHT RANGE
6250-6650
3) BAKKT AND OTHER CATALYSTS IN DECEMBER
4) FINEX SHORTS WEEKLY RISING WEDGE BROKE DOWN
MEANING BEARS LOOSING POWER NOW
5) SELECT ALTS ARE ALREADY PUSHING HARD DUE
TO COINBASE LISTING HOWEVER BIGGER ALT COIN
RALLY SCHEDULED FOR DEC18/JAN19
6) GET YOUR ALT COIN LISTS READY
7) IF YOU WANT MY ALTS LIST (FREE of course ) - SEND ME A REQUEST.
AS ALWAYS, APPRECIATE YOUR SUPPORT, IF YOU CAN TAKE A SEC AND UPVOTE MY ANALYSIS AND/OR LEAVE A COMMENT/QUESTION/CHART IN THE SECTION BELOW,
HAVE A GOOD DAY,
RYDERS
HERE'S AN UPDATE ON H2/H4 BINANCE BTCUSD. WE HAVE STRONG SUPPORT RIGHT BELOW US, BTCUSD DAILY PRINTING A SEQUENCE OF HIGHERS LOWS.
SMALLER TIME FRAMES, IT'S CLEAR THAT WE ARE UNDER ACCUMULATION. WE WILL LIKELY SPEND THE ENTIRE MONTH IN TIGHT RANGE, WHICH
IS 6250-6650. WHY IS THIS ACCUMULATION? WEEKLY FINEX SHORTS RISING WEDGE RECENTLY BROKE DOWN, BEARS HAVE LIMITED STRENGTH NOW.
LOOKING AT DAILY, 6200-6250 IS SUPER STRONG DUE TO RISING BULLISH TL ON DAILY, I DON'T SEE IT BREAKING ANY TIME SOON.
IMPORTANT LEVEL IN Q4 IS 7150, WHICH IS Q4 BALANCE, I FIGURE WE ACCUMULATE IN RANGE TILL END OF NOVEMBER AND THEN TEST 7150-7250,
ONCE THIS RESISTANCE IS CLEARED WE GET A STRONGER BULL RUN AND A BIGGER MOVE IN BTCUSD.
THIS IN TURN SHOULD TRIGGER A WIDER ALT COIN RALLY, SOME ALT COINS ARE ALREADY POPPING DUE TO COINBASE LISTING (FACT OR RUMORS).
THEREFORE KEY TAKEAWAYS ARE AS FOLLOWS:
1) MONTHLY INSIDE CANDLES - BULLISH
2) H2/H4 BINANCE - BTC UNDER ACCUMULATION
WILL SPEND NOVEMBER IN TIGHT RANGE
6250-6650
3) BAKKT AND OTHER CATALYSTS IN DECEMBER
4) FINEX SHORTS WEEKLY RISING WEDGE BROKE DOWN
MEANING BEARS LOOSING POWER NOW
5) SELECT ALTS ARE ALREADY PUSHING HARD DUE
TO COINBASE LISTING HOWEVER BIGGER ALT COIN
RALLY SCHEDULED FOR DEC18/JAN19
6) GET YOUR ALT COIN LISTS READY
7) IF YOU WANT MY ALTS LIST (FREE of course ) - SEND ME A REQUEST.
AS ALWAYS, APPRECIATE YOUR SUPPORT, IF YOU CAN TAKE A SEC AND UPVOTE MY ANALYSIS AND/OR LEAVE A COMMENT/QUESTION/CHART IN THE SECTION BELOW,
HAVE A GOOD DAY,
RYDERS
Comment:
will likely overshoot this coming week on downside (6050-6150), however setup will remain valid, 6050-6150 is the best price to load up on buy side for some short-term gains.
Comment:
INVALIDATED.
Sorry guys, didn't post updates, cause got banned here for 3 days. Also you can look me up on Twitter, can't post a link, look up RydersNice. I post all updates in there, as well as in my free Discord group - posted about the BTCUSD dump yesterday 10 hours in advance, while it was trading at 6250 Coinbase. Send me a DM request if you want to join. TV not very reliable lately. Stay safe. good luck!
Sorry guys, didn't post updates, cause got banned here for 3 days. Also you can look me up on Twitter, can't post a link, look up RydersNice. I post all updates in there, as well as in my free Discord group - posted about the BTCUSD dump yesterday 10 hours in advance, while it was trading at 6250 Coinbase. Send me a DM request if you want to join. TV not very reliable lately. Stay safe. good luck!