ActorBay

ActorBay

Nothing has changed so far as yet from my last update on Jun 14th. Thanks1

ActorBay

#Bitcoin finally broke the Fibonacci resistance it was unable to break over 7 times in the past, which becomes now a strong support. This is 'Buy the dip' scenario incase there's any more fear is thrown on it's way by the mainstream media. Happy Trading.

ActorBay

#Bitcoin is still failing to break Fibonacci channel, and it's acting as a big resitance inviting sellers to jump in as soon it hits that downtrending channel. I'll still stay neutral. ~Happy Trading.

ActorBay

Hi Guys, The way we've been going up from the recent pull back to next Fibonacci resistance around $38k, we need to close above 38k on daily candle to invite more buyers to join in. Also, media has been spreading the #FUD regarding Bitcoin going back to $20k, usually 100% retracement doesn't happen that often unless fundamentals are very poor, not the case with...

ActorBay

Hi, #Bitcoin continues to look weak, still feel it needs to shake out more bulls off the market, next support is 30k. PS: Tesla in 4 days have to file with SEC if they have sold off their BTC position, this can be a trigger to next round of sell off.

ActorBay

Hi, So far, #Bitcoin broke the support and looks quite bearish, next support is 30K for double bottom support, if it breaks it, it'll invite a lot of short sellers drag it down all the way to low $20K. PS: If TSLA confirms they sold their BTC positions, on Wednesday/Thursday SEC filing should confirm that, if that happens, it'll be a catalyst for short sellers...

ActorBay

Hi #ADA is maintaining better than #BTC but still follows Bitcoin in it's green or red move. ~Happy Trading

ActorBay

#bitcoin still continues sideways with more downward trending and still shows no signs of breakout to upside. - Volatility of falling down (red candle) is stronger and faster than upward (green candle), bearish, as buyers aren't enough to pull it up strongly. - From the chart, such pattern suggests downward probability > upward probability. There's more...

ActorBay

#btcusd continues to look weak and is following a downtrend pattern, failing all support levels. It's taking all the bad news by inviting short sellers. Discouraging short term downtrend. I personally won't buy until the downtrend reversal is confirmed. Next support is around $34k, then fibonacci below that.

ActorBay

See the details on the Chart. ~Happy Trading.

ActorBay

#Cardano looks like in a decent uptrending pattern, looks bullish but #Bitcoin has to lead other Cryptos continuous bull run, BTC is struggling to break resistance of $41.5k, making other cryptos also vulnerable. ~Happy Trading.

ActorBay

#Bitcoin continues to show weakness around Fibonacci resistance, but it's hanging in.

ActorBay

Happy Trading. PS: We are still in tricky correction, Crypto market is very responsive to media news which exaggerates the fear right away, hence expect volatility.

ActorBay

Nasdaq looks bullish 1. Treasury yields going down, inflation worry is overblown 2. China cracking down on commodity hoarders causing Iron ore index to fall heavily. 3.Nasdaq Volatility Index VOLQ has a downtrend, which is looking go down. Happy Trading, but still in correction, hence next move is still going to be little volatile.

ActorBay

Hi Friends, Big whales have majority moved out of exchanges, but doesn't mean they can come back in, so does the Chinese miners who're looking to offshore their mining business. I'm still sort of neutral but bullish short term. Thanks and Happy Trading.

ActorBay

Alright folks, I did sell my position for a small profit, will only buy back once we see an uptrend for a Trade. PS: We are still in correction but overall bull run is still intact, Corrections are very tricky and can never be correctly analyzed as it's triggered by a lot of bearish/bullish news media attention, until that cools off, bears will stay active...

ActorBay

Hello, #Bitcoin correction isn't over yet. Events Occured: 1- Elon Tweet gave the first catalyst. 2- INFLOW A lot of whales started depositing their Bitcoins into the exchanges 3- Whales started shorting the triggering the short term leveraged investors to give up their bitcoins in panic and exchanges pulled up the Bitcoins leveraged position and panic sell...

ActorBay

Still on the bullish side, reasons given on the chart. NASDAQ:VOLQ - Happy Trading, beware of Correction, no one can tell where it's heading to, although I'm biased towards bullish because of VOLQ - Nasdaq volatility index.