About meTechnical Analyst for Digichain Capital and Cryptosomniacs,
Blockchain services and Investment company.
Swing trader specializing in cryptocurrencies.
Re-balancing, scaling in and out of positions, entries & exits, institutional strategies.
The movement of 22,100 btc this morning plus a rejection from the non log, long-term descending triangle were the likely culprits of the price drop.
Some interesting things are happening behind the scenes, also shorts are up slightly and this may be a stop loss hunt for liquidity with a small squeeze to break the descending trend line.
We had stop losses become...
THE CATALYST, THE SENTIMENT AND THE UGLY MARKET. STARRING BITCOIN -0.69% .
OVERVIEW, COMING TO A SIGNIFICANT POINT, SENTIMENT IS STRONG ALTHOUGH WITHOUT A TANGIBLE CATALYST TO FOLLOW PRICE ACTION IT WONT BE ENOUGH
TO END THE BEARISH TREND . AS IT STANDS OVER THE COUNTER BUYS ARE STRONG ALTHOUGH A PRICE BREAKDOWN TO A NEW BOTTOM IS THE CATALYST MOST