Autoace1010

Autoace1010

BTC coming up on a significant inflection point to - most likely to the downside to finish cycle capitulation. Next level down is at major historical confluence of between 11,600 and 9,000.

Autoace1010

Self explanatory here....will just see what you guys think....

Autoace1010

Simple thoughts here - not arguing these callouts with rationale or factoids.....just thoughts.

Autoace1010

Since July 2019, each time the 14 close RSI crossed above the 14 day SMA on the Weekly timeframe, we have seen the TOTAL2 market cap increase by an average of 350B. The current crossover on the above indicator is positioned well compared to past instances that this has occurred. Thoughts?

Autoace1010

The bulls are pushing hard on good volume and testing short term upward resistance within the current ascending channel. Watching to see if they can put us above this trend line and into new upside opportunity.

Autoace1010

Don't get excited. After a nice break out of recent downward resistance, we are 1) tapping historical resistance levels and 2) have yet to confirm recent downward resistance will flip support. Short opportunity within the next few days supported by a retracement 0.618 fib back down and horizontal for a bit.

Autoace1010 Updated 

BTC is immediately retesting the downward resistance level that it was rejected by within the last 48 hours. Neutral here as there is such small volume and would need a lot more to break through.

Autoace1010

BTC is coming up on a big decision before the end of the month with recent downward resistance meeting historically significant upward trend. Long term trend would imply BTC will respect its trend. Leaning bullish coming into this.

Autoace1010

BTC coming back for a retest of most recent short term support level at about 35.7k. If we see a bounce off this level back up, we will have some upward potential up to the current downtrend resistance level.

Autoace1010

BTC starting a retracement back to bottom of ascending channel?

Autoace1010

Inverted head and shoulders helping bullish momentum on BTC 4hr. Reinforces bullish momentum based on other technicals. 63k as a target coming out of this formation.

Autoace1010

Bullish pennant formation on the 2 hour timeframe. Approaching the apex and looking for bullish confirmation.

Autoace1010

EOS trading within a bullish pennant on the 4 hour timeframe. Looking to break 4.18 and retest previous support at 4.08 before putting in a long. Let me know if you agree.

Autoace1010

BTC just broke increasing support on the 2hr just before the apex of a wedge where it could have broken to ATH. Possible breakdown to 52.3k at the lower blue bar.

Autoace1010

Bitcoin is looking good on the 4 hour. In an ascending triangle formation using current resistance level of 52,398. We are at a nice place within the larger macro ascending channel (towards the bottom) and showing consistent volume and upward trajectory into a squeeze that will take place on March 9. Would have to break down past a few minor support levels to miss...

Autoace1010 Updated 

LMK your thoughts. I know that everyone was excited that we broke out of the falling wedge pattern (white triangle) this morning but BTC also looks to be respecting a larger descending channel within the macro level ascending triangle on the 2hr (did you follow the bouncing ball on that). Sheesh. Notice where the Bollinger Band highs are respecting this boundary...

Autoace1010

I am new to TA in general and have been watching for morning star candles. Should we consider this to be one at the bottom of the Bollinger on the 3 hr timeframe for Bitcoin? Looks to me like it may be a good short term reversal signal confirmed by continued green candles with higher lows. But I am the new guy...

Autoace1010 Updated 

BTC flashing a possible morning star candle formation on the 4 hour at the bottom of the Bollinger Band. Although the dip this morning was large, the bulls fought back for a close high above the wick down. Do you agree that this is bullish?