Agent_of_Maat

Agent_of_Maat

Looks like top of channel is 150 which is where I'll try a short from. Target is 85..

Agent_of_Maat

On the weekly the price broke under the bull channel and has now just failed the retest of the resistance. Will be interesting to see what direction it will take this week. Upwards towards 150k or lower to 3k. With a pending pan market sell off and an bounce in dxy.. down looks more probable to me.

Agent_of_Maat

XRP has chance to break out at 0.266 for a massive bull run or disappoint and start heading down to 0.066 at bottom of channel. I personally think there will be another imminent pan market sell off, giving us an opportunity to buy more much much cheaper.

Agent_of_Maat

Chance to create inverse head and shoulders at $91.88. If fails then next support at $88 but lower more likely then. A bounce would have profound effects on precious metals and the markets.

Agent_of_Maat

DXY hit median of channel and is a possible reversal point for a return to top of bull or bear channel at approx. 110. If not reversal then will go to bottom of channel.

Agent_of_Maat

If btc doesn't very soon break up from here, we're looking at bear market chart with next buy at approx. $1500. Considering that all the markets look like they're going to mega crash worse than 1930's this outlook is very plausible. Everyone is selling their bitcoin to make rent and eat right now.

Agent_of_Maat

Looks like a good shorting position at 325.

Agent_of_Maat

I fully expect a pan sell off of equities, commodities and crypto on the 13th or soon after. I'm selling 1/4 of my crypto holdings at the top of the channel and plan to buy for last time at bottom of the channel. After this final sell off I think we will be officially off to the races.

Agent_of_Maat

Top of channel and at major resistance. Bullish retrace to bottom of channel.

Agent_of_Maat

BTFD at aprox. $16

Agent_of_Maat

Wave 3 down.. cover at bottom of channel.

Agent_of_Maat

Double top of wave 2 at $128.

Agent_of_Maat

Top of channel and double top. Short to .618 fib. Stoploss at top of channel.

Agent_of_Maat

ABC retrace to top of ascending wedge to the .618 fib. Six flags which has already gone bankrupt once was already flirting with bankruptcy before the pandemic hit. Trying to open at 25% capacity with a reservation system and force people to wear masks is a joke. Target single digits. If the fall is prolonged then look for further climbing in the wedge to the...

Agent_of_Maat

It tried to turn around at the .618 and has maybe been stopped at 200 ema. It could still reach up to top of channel or .718 but with decreasing probabilities. Lower target would be median line for now approx. 255.

Agent_of_Maat

I don't own any bitcoin though.. I only invest in DLT tech.

Agent_of_Maat

I'm a buyer at $460. That is all.

Agent_of_Maat Updated 

Looking at the chart.. price very likely testing 17.50 price area. Capitulation takes it to $10.