A big bear flag in the shape of an ascending wedge. If BTC closes on the weekly below the lower line with significant volume, look out below. There are support levels below -- mainly near the big whole numbers like 25k, 20k, 15k -- but I think 10k is the magnet. Maybe 9k if BTC sweeps the stops below support, which wouldn't be unusual.
...for my fan club. Enjoy!
The plan is still to buy and hold QNT when BTC bottoms out near 20k.
Am currently long for a bounce off the lower line of the current triangle. Price might visit the upper line of the triangle, target in the 140s.
A descending series of symmetrical triangles. Don't be surprised to see QNT visit the recent low of ~83.
I'd like to get a buy-and-hold on QNT when BTC bottoms out, but where will that be -- 30k? 25k? 20k? Lower?
A swing long on QNT is in the cards for me if BTC is at support when/if QNT hits 83-ish.
