I don't like to chart BTC 0.08% usually. It has a mind of its own. GBTC -7.69% as well.
Lets get into it.
You can see on the DAILY, we have buy signals gathering, with the Itchimoku turning ever so slightly in the direction. Don't expect much as we come close to the end of consolidation.
Selling momentum is still , but were right at the brink of it changing , which we will see more on in the next few days.
I have labeled 2 sell zones ill be looking for above the 786 and 618 for a double or triple top depending how you look at it.
I'm expecting a huge crash in this stock down to the full pullback level 100, and will be looking to accumulate what I can between the $1.5 and $4 area.
I know I know, Ill most likely get heat for even mentioning those levels, but BTC 0.08% is kind of a... well.. just uncooperative, and I charted this with no emotion, but it hurts deep down, it really does.
Happy Trading, Debating and Speculating! I want everyone to win!
FOLLOW for more updates, and check out my other charts for ideas!
Follow me for updates! Check out my other charts, all playing out so far..
Well that bounce played out perfect. Here is an updated chart for todays movnments. Happy 20% gains in a day for whoever followed!
have a chart you want me to inspect? leave a comment below!
that graph play button feels nice.
Looking for a pull back into second sell zone before rise to final stop.
Any opinion on what will happen to the premium if the congressional panels tomorrow indicate that another ETF or ETFs will be approved by SEC?
I am thinking that the GBTC premium will drop by the end of the week -- even if the BTC and GBTC prices increase during that time.