For purchase — impulse in 1 week, 1 day — no additional sellers volumes in tue and Wed — Wed was closed without sellers pressure — 2681 - as a support + POC of WED and Tue is down Complicates purchase — restraining volumes on historical high 2696 — in 15 minutes 2672 was not repositioned up — weekly POC is under resistance of this week 2696 Conclusion:...
My reasoning is on the chart. Im expecting this to unfold. From there reload into 290-285 area. Looking for the pump to complete in the two weeks after the auction.
Wait for a voluminous breach of the purple triangle, and place shorts/longs in the same direction. I provided a couple targets for both directions. Small green arrows are 1.618 extensions of the big green arrows. They nicely land into existing key support/resistance levels. I prefer the upside as it would be a good point (in the context of the 2. auction) to...
since I doubt that I will ever see the queen at any of NZ's milk auctions, and also considering how it takes silver much longer to tarnish than it does for milk to go sour, I have to side with a continuance of the uptrend from the swing low on March 27th, to the July 11th close. after the ice cream melts, you are left with the silver spoon that you ate it with....
Not a lot of volume the past few days leaves Bitcoin in a CONGESTION phase until June 27 to June 30 just fluctuating without any clear direction. TA cannot be very helpful in such a immature market but a forecast can still be done. The congestion range is mainly between 582 to 621. My opinion is: (1) technically the chances of seeing 550 is unfortunately...
Based on my vibe off the long term fractal-patterns (cycles with tops at new moons all the way back to 2009), and an attempt to figure out where the pattern will land. Takes help from long term channel, and *laugh now* - new moons, and just some regular good ole Fibs. Price is real close to the four year long channel bottom. If it breaks down through the 50, then...