A1phaBoss

A1phaBoss

When price consolidates or moves up, and the MVRV declines, price will continue to rally. If price is declining and MVRV declines, price may continue to decline. Currently, price is consolidating upwards, so we will continue to pump hard.

A1phaBoss Updated 

Sub Daily I am neutral. Daily I am definitely leaning bullish. Analysis: In most of these downtrends with BTC you see several triangle consolidations, and they become more visible with the Heikin Ashi. Right now we are breaking up out of one. Moving Averages: On my 8HR Heikin Ashi I have translated 50+200 Daily SMAs as well as 50+200 4HR EMAs. All MAs...

A1phaBoss Updated 

-MFI and RSI are showing Bearish Divergences on the Daily Chart. It's been a few days here since this, so confirmation has arrived. -TD Sequential created another 9 here showing 2x the resistance from another old 9. .618 Fibonacci Zone showing moderate resistance. Target is 7400-7600 Area Stop Loss is 8400

A1phaBoss

-On the daily there is a lot of sideways movement, with bullish and bearish candles overcasting each other. We're poking out of a down trend line from 1.18.18 (Triangle Apex) on linear scale, however volume if still very low at the moment. This could indicate a move down if bulls don't move soon. -4HR RSI is showing hidden bullish divergence -4HR and 1HR...

A1phaBoss Updated 

Present Are: -Engulfing Increasing Buying Volume -Bullish Hammer Candles (Daily) -TD Sequential Bullish 9s -Bounce Off of Green Support/Resistance zone -Most importantly, a Near Perfect .786 Fib Retrace! Stop Loss= 7950 Target 1 = 9350 (Monthly Pivot + S/R Zone) Target 2 = 11100(Fib Extensions+ S/R Zone) If Both Targets Met, Reassess.

A1phaBoss Updated 

.618 Retracement not exactly touched, but very close. We are still currently in what looks like a bear flag or reversal pennant on smaller time frames, so this could easily still go south. If this is in fact "the bottom," we have a possibility of a nice .618 ABCD formation matching a .382 Fib extension, which would put us exactly at 14k.