Attrition

Attrition

The Buying opportunity here, risk/reward ratio wise is amazing. You should take a look. There is also the factor of CNR (Centric Rise) in which you buy CNS and can convert to CNR for hourly passive yield at the rate of %16 monthly so your average buy price will slowly decrease each passing hour! It's both a major daily and weekly support + the 0.786 fib point.

Attrition

I believe this is just the beginning, we'll probably see at least 0.005$ or even 1 cents before EOY.

Attrition

After closing below major resistance for awhile BTC finally got above and immediately got slapped back down at the next resistance and now it seems he's having problems with the previous resistance again and looks like it's on borrowed time before dumping down to the next support which is around 42k

Attrition Updated 

I'd probably aim for 40k and then 29k and depending on the chaos that is further to come it might go even lower when the bubble finally bursts again.

Attrition

Closing the weekly above 39500 or even better the thick middle red line is crucial to proving that this is not a fakeout bull trap. I'm bullish.

Attrition

I've been waiting for BTC to touch the middle green line for weeks now, closing below it would obviously mean a very sharp drop and a bear season and i doubt that will happen yet so this is very bullish imo, without getting support from that line you really can't go any forward that's why i didn't believe to the last bounce but this one is a perfect buying...

Attrition

Current bounce seems a bit off, if it had bounced from the middle thick green line (approx 45k) it was a perfect setup but it didn't and it should. So i am expecting another drop to 45k perhaps even with a fast wick below it to somewhere between 42-45k but i doubt it. This week or next week we'll probably see 45-46k BTC before it bounces hard.

Attrition Updated 

With a perhaps final fast push to 30-34k levels a major correction that's been long over due should start to happen. On the monthly chart we are above our upper lines and in the past in any asset/coin/currency price couldn't have stayed above there. It ALWAYS came back in. That means at the end of this month BTC price shouldn't be higher than 28k while we could...

Attrition Updated 

Weis volume/pip waves shows clear fight between buyers and sellers there is high volume waves but the according pip wave is not justified, some people seem to be filling their bags while some others dump. I'd start slowly laddering in.

Attrition

Where is the volume that's backing this drop? If we look at the Weis Volume and Pip waves, while there is obviously change in price this happened with very low amounts of selling pressure. It's an amazing feat we even had this drop with this relatively incredibly low volume. If/As price goes down the previous high buy volume might start to liquidate their...

Attrition

Target 0.59

Attrition Updated 

After the initial rejection/dump from the 4.236 (purple line) price really seems to be holding great above and never closing below the VIDYA line which shows strength and possible accumulation before the next leg-up which i'm guessing will be around 2.5$

Attrition

Be sure to long the green box.

Attrition Updated 

As the permabear i am, the only ideas i publish are mostly short ones. I must say this will probably pump to at least 10.2k and probably will reach 13.3k this summer.

Attrition Updated 

Explained on chart.

Attrition

Huge Risk Reward Ratio. Huge Upside Potential.

Attrition Updated 

MavilimW can act as a great dynamic support/resistance and once you cross it you usually run to the crossed direction. Weis Wave Volume is also signaling short so we'll see.

Attrition Updated 

With thin order books and low volume, price rapidly increasing to almost 9.2k. It was probably our last upthrust. High leverage shorts also got squeezed out. Now we can drop to 8.7k to 8.55k