DropDead_Fed

DropDead_Fed

Similar plot to DIA on SPY although different channels and resistance trendlines...

DropDead_Fed

let's see how markets fan out over next 6-9 months and whether this is indeed the beginning of larger consolidation and correction... keeping an eye on weekly chart time frame and note both bearish divergences in dotted lines.

DropDead_Fed

bitfinex margin shorts are at all time highs again...

DropDead_Fed

weekly looks UGGGGLLLYYYY - not going additional long till below $4500... capitulation here we come in next few weeks...

DropDead_Fed

From a weekly chart perspective, things look pretty bleak. Let's see if we can hold the OBV and have a rally in next couple days off long term trendline. we really need to bounce at the mid-line of value channel... otherwise I think we are going to see capitulation around $4350 or below.

DropDead_Fed

broke trendline and retested already

DropDead_Fed

update since last week

DropDead_Fed

Who knows where they are planning to go next. I suspect: 1. We dump harder to 0.768 fib retracement (~$4300) since 2015 bottom and get a capitulation. 2. We dump to descending trendline which woudl cause a massive short squeeze - this would be smart move on CO part to shake out traders. 3. We consolidate and find some support here and drive on up to $9500...

DropDead_Fed

This latest “awesome” NYSE/ICE news may now mean the scumbags at Goldman Sachs & JP Morgan are going to manipulate the bitcoin price down with cash settled futures to capitulation (likely ~$4500) and complete their accumulation over the next few weeks/months. Patience.

DropDead_Fed

will see if it holds - BTC will need to dump hard over next few days... already getting oversold. could see ETHBTC Breakdown hard by next week.

DropDead_Fed

This could be turnaround for BTC or one more final push down to accumulate by Goldman Sachs and the other institutional players who manipulate the media for their own unethically gotten gains. Don't fall for their BS like Goldman's article today saying bitcoin is dead... they are on a massive accumulation secret campaign more than likely just like JP Morgan when...

DropDead_Fed

Target of inverse AnE is ~0.25 BTC

DropDead_Fed

SEe both bullish and bearish signals. If we hold this level, then a hidden bull div will form and I could see a pump to 9500 next target. otherwise we are running out of time to make a bearish move down to 0.768 fib as I don't think we will get below blue value channel support bottom.

DropDead_Fed

This looks like awesome risk reward... shorting near overhead supply line at $385. long term target if QQQ (NASDAQ) starts rolling over is $130.

DropDead_Fed

This may be the best indicator of any market bubble top - stay tuned for tomorrow and reduce your exposure/risk! Institutions/Wall st. has been piling money out of the tech sector while selling the top to the retail market since January of 2018. Don't be fooled by them!!! The US stock market is way overdue for correction that happens about every 10 years...

DropDead_Fed

Part 2 of 2: Weekly 50 MA resistance: 2014 v 2018 bear market analysis: looks like we may be here finally. I would expect Bitcoin to do what people DO NOT expect...

DropDead_Fed

PART 1 of 2: Suspect we are at one of three similar areas. With volume picking up I am staying bullish till indicators change.

DropDead_Fed Updated 

I'm ignoring the winkelvoss ETF news as long term any influence - that is expected... this is good opportunity to buy the dip with a very tight stop under the support line and .236 fibs... this is a manipulated market and this news was perfectly timed to help the much needed selloff to reset RSI before next leg up should BTC be this strong. Great test to see if...