Crypto_Savage11

Crypto_Savage11

We've been rejected at every previous swing low for the past 14 months. There's no logical reasoning to assume that 17k won't act as brick wall resistance. 10k would mark a full 80% drop from the ATH, which historically speaking is in line with past sell offs.

Crypto_Savage11

Repeat of last quarter setting lower low after lower low. Should see btc bottom by mid August at the latest.

Crypto_Savage11

Potential local bottom around 18k-18.5k. We've seen similar 3-part regression trend in recent sell offs. Hoping for small bounce before realizing true bottom. My guess around 12.5k is where we'll end up.

Crypto_Savage11 Updated 

Clear repetition of BTC rising out from a descending wedge only to get rejected and continue downward trend. Last time encountering similar situation resulted in ~37% drop from the rejection to the downside. This time 37% will put us exactly at 20k which seems like a reasonable accumulation area.

Crypto_Savage11 Updated 

Short Term - Will go lower and retest .786 level at the very least.

Crypto_Savage11

Shib finding solid support from the previous setup area.

Crypto_Savage11

Exit pumps can be seen on my chart marked with yellow arrows, where BTC failed to break through the 50MA. This time however, it broke the 50MA. You can also see the 200MA crossing the 100MA, and the last time this happened BTC flew 130%^. Not saying it will fly tomorrow, we will probably retest lower support, but doesn't look to me like we'll be seeing the 24k-30k...

Crypto_Savage11

Potential move to the upside on Shib if BTC can manage to break 38k-40k resistance

Crypto_Savage11

Setting an entry down at .618 level, however if it drops below the .618 this coin will become a bust and most likely not gain any momentum until the next bull cycle (after BTC dumps to 20-30k). Been trading this one on the way up, and the swings have been beautiful. Very predictable, nice volatility and decent liquidity.

Crypto_Savage11

We're due for a sell off to correct the market. Trading way above the 20 and 50 daily EMA , additionally we should be seeing major resistance in the 46k range. Price history has shown this to be a significant trading area in the past, most recently the big drop we experienced in May found support at 46k in the middle of a free fall. I expect this area to act as a...

Crypto_Savage11

Next hourly candle will be very telling of future overall trend. The trend line stretching to initial listing is looking might strong on ACH. As long as BTC doesn't suddenly start selling-off, willing to bet on this one to keep rising. Short term target: .16 Mid term target: .22 Potential entry: .105 If we drop below .10, I believe we may go low. Much lower,...

Crypto_Savage11

History is repeating itself here. May see a retest of previous resistance as support (R/S flip) which would send us to 46k-48k area. MACD is also positive for the first time in roughly 4 weeks, which means we have a little bandwidth to dip here and bounce off support.

Crypto_Savage11

The last time we were in this area, we had four major touch points before a major move followed. 31,500 looks extremely likely to me if history repeats itself. Expecting a major selloff tomorrow

Crypto_Savage11

Rubbing up against a major fib level, theres some positive press in the news regarding governments approving btc as national barter system, Ichimoku on 4h thinning out and forming a green cloud up ahead. If we dont move up here, Im giving up hope on a bullish rally for a while.

Crypto_Savage11

Trading out of the ascending channel after this dump. We're now going to retest the lower boundary of the channel, most likely get rejected and retrace back to 42k or .5 Fib level.

Crypto_Savage11

Description provided on chart.

Crypto_Savage11

Might need to impulse wick down to .90 to bounce off. That also happens to be the .5 fib level, so it makes sense. .96 it meets a diagonal line that you can draw from way back as well. So thats where Im getting that range .90 to .96

Crypto_Savage11

Massive pennant forming, UMA is looking like it's primed and ready to go. Needs to break above confirmation line at 25.5. This price area will also serve as support when it comes back to retest before going higher.