Optimistic target : zero Ideal Target : Negative number Hodl your short BOIZ
Head and Shoulder reversal coming Just for the Bakkt Launch not just a meme Also current net longs outnumber shorts . An OG trader told me to short BTC when longs are above 10k and long it when net longs are below 10k In crypto its always sell the news even if the partnership is with Jesus. Happy trading everyone!
Its either we go to 16k this october immediately or we go crashing to 6k lol Open interest decreasing everytime price goes up only means whales are short covering which means they are net short while majority of the traders are net long This ones going to get ugly fam Imma give you some advice bulls do not long here or die Arthur hayes about to dump this long...
BAKKT GOES LIVE IN 4 DAYS, BE PREPARED, MARKET TURNING BULL AGAIN Run it back turbo Bloody Monday Baby Arthur hayes drafting 2 billion letter contracts as we speak Are you prepared :?!
american boomers wasting their money in the new useless iphone with a camera that looks like a tarantula to top it off this costs a grand already . What a worthless piece of garbage peak scam euphoria for all the investors Big crash coming sometime in 2020 woot
recent bounce only triple waves so it has to be corrective. If we dont break the green line/1D high value area of the VPVR then expect this ending diagonal to finish Should be good to accumulate while it stays in this wedge. If it breaks out then HELLO BULLZooKA
Forget about price one important factor to inclued in technical analysis that traders oftern forget is time! Historically Bitcoins Peak descending triangles consolidate in the range of 70 - 90 days before breaking down Current triangle at this peak has consolidated for 77 days already so high likelyhood of breakdown I know ive been flip flopping every other day...
on the short term analysis price seems to be holding the algo support trendline With most alts reaching prior resistances and BTC dominance reaching support we could see money flow back from alts to btc in the short term risking 2% here for a nice 12% gain LEz go
Unpopular opinion: Bakkt will be a sell the news event... There will be a little pump( 0.618 fibo) that will fade and some big sells following, 7-8.5k will be the bottom
Pretty similar market structure and corrective wave counts If true then we should see price acceleration to the downside minimum targets close to subwave (iv) of the lower order
Diagonal Chad Resistance tested 4x and has proven to be very strong What do the bulls have ? a virgin horizontal at 9k which was only tested 2x Capital outflow has already been distributed to altcoins just today So where will the new money come from to pump this sh*tcoin to 16k? No where No new money Dead Money Get ready for the swan dive boiz
Heres a really f*cked up count for $BTC , seems to be positively correlated to oil for now. If this is true then i expect an upward thrustw similar to oil to around 11.7k and then the beginning of a much more complex correction
Short the ponzi Despite what all your self proclaimed analyst on twitter says Big dump incoming Arthur is coming for your corn you r*tarded bulls
Correction may or not be over yet. but bitcoin is still going to 11.5k-11.8k atleast for the short term
Hello Guys after sometime looking at the market i decided to do a in depth review of the current price action that is unfolding. Which in my opinion will determine the course of the market for the next 2-3 months The main option is a bullish triangle assuming...
hey guys if my other charts wont be realized (wont see a bounce to 11k that is) then we will be looking at this litecoin descending triangle inside a descending channel decent right angle here with similar market structure. if this plays out this will bring the triangle to 5.5k levels confluent with 0.618 fibonnaci
Gann and Elliot says bitcoin isn't done yet We have reached minimum retracement levels for wave (b) of (C) of this potential triangle we can expect a 5 wave impulse wave up for wave (c) at anytime ! Let the destruction of the greedy bears BEGIN!