DesertRain

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BTCUSD 100% | 5
DesertRain DesertRain BTCUSD, 240, Long
BTCUSD: BTC/USD New Year's Prediction
447 0 1
BTCUSD, 240 Long
BTC/USD New Year's Prediction

We've broken away from the 600-700 S/R and the downward trendline and are heading up towards the 800-900 S/R. Expecting a bounce down. From there anything could happen, but with any luck we might see a $1,000 new year's day!

DesertRain DesertRain BTCUSD, W, Long
BTCUSD: BTC/USD - Alternate bullish scenario based on log channel
779 2 4
BTCUSD, W Long
BTC/USD - Alternate bullish scenario based on log channel

One thing that seems to be unpredictable is the length of time between "bubbles". But if we repeat something similar to the last bubble, we might be sitting in the 500-800 area for a few months.

DesertRain DesertRain BTCUSD, D, Long
BTCUSD: BTC/USD - Failure to traverse channel; Next stop = ATH
1028 0 0
BTCUSD, D Long
BTC/USD - Failure to traverse channel; Next stop = ATH

I think we might go sideways a little while here, but the crash is over unless there is further bad news coming.

DesertRain DesertRain BTCUSD, 240, Long
BTCUSD: Decreasing selling pressure. Possible breakout coming this week.
308 0 0
BTCUSD, 240 Long
Decreasing selling pressure. Possible breakout coming this week.

Watch what happens in the question mark area with volume.

DesertRain DesertRain BTCUSD, D, Long
BTCUSD: BTC - What to watch in the coming weeks (fib, channels, volume)
725 7 4
BTCUSD, D Long
BTC - What to watch in the coming weeks (fib, channels, volume)

We're in a long term up trend, medium term up trend, short term down trend. Price has just bounced off of the .618 fib retracement line of the medium term up trend trend and on that day volume also peaked (highest in months) which often indicates a reversal, especially if the next test of support shows lower volume than the peak. So watch for another test of the ...

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