Heartskull

Heartskull

falling wedge, but rsi doesnt show any sign of bullishness other than being oversold

Heartskull

Bullish divergence! Pump it! Everytime we saw this in the indicator a 100% pump followed!

Heartskull

On lower time frame looks like falling wedge and bullish div . Not much time left, if yellow circle breaks down I expect a big dump to 34k, then I will sell all with loss. We should go up to 40k + soon. good news we can see a weak bullish div and falling wedge . still ok to hold your LONG positions

Heartskull

Market messes up both longs and shorts, it is better to stay out for about a half a year. I am heavily invested though. Hope it goes up but does not look very promising.

Heartskull

Neutral. I just see a possible scenario. I hope we break the trend line and move to 72k. It's still early too say, but we still not break any resistance yet. I just think this choppiness is to completely kill leveraged traders from both sides before the take the plunge to 19k.

Heartskull

In my previous post I was very bearish, saying we'd go below 29k. I think we will, but not yet. Well, it touched 34k support to the perfect level, and now I see a rising wedge, which is quite bearish, and bearish divergence. BTC may drop hard again, sometimes rising wedges break to the upside before dumping, so it could be we hit 42 to 45k before more doom and...

Heartskull

My advise: take your losses and do not trade this zone. Time to work for McDonalds, earn that wage of 100 to 1000$ a month, wait for bitcoin to drop to 19 TO 13K, will take years to do so. Chart is very boring: 1. Market makers pumping BTC to liquidate shorts, and also dumping BTC afterwards to liquidate longs 2. Whales with no TA knowledge and gambling addiction...

Heartskull

I do not know what is going to happen, but the chart looks very risky to step into. Descending triangle is stuck and will not break out. I would wait till it stays above 45k before making any moves

Heartskull

There is a yearly resistance not broken yet. Compared to other derivates, Linear is a microcap Linear market cap compared to SNX = 0,3$ per LINA Linear market cap compared to INJ = 0,08$

Heartskull

Althought I'm bearish on the market right now, purchasing XNL is currently good risk to reward ratio. Looks a bit overbought on the daily though.

Heartskull

what do you think guys. rising wedge, small bearish div.

Heartskull

indicators aren't really bullish are they? and the faster they go up the faster they crash

Heartskull

Huge descending triangle. 43000ISH is top. THIS IS MY OWN RESEARCH I COULD BE WRONG. BEARISH DIVERGENCE ALSO the real bull run ended in April, the rest is a massive trap

Heartskull

I think this is a bull trap to liquidate shorts, and by Monday we will dump very hard. Just think of it, in one candle, lots of bitcoin were bought,does one whale buying bitcoin make bitcoin bullish? nay, this is manipulation.

Heartskull

overbought, reached top of bear trap. But it did break the trend line. Maybe we got a little bit higher before the fall.

Heartskull

Bulls loading a bull trap possibly before going down

Heartskull

idiots who fomo and think market only go up deserve to be punished.

Heartskull

dont buy! dont long. bulls waiting for 39000 to 40000 to dump large amount of btc. BTC IS DONE. its done! it will go below 30000 and form a resistance, stock market also rising wedge, bearish. stay safe! i suggest DCA BTCDOWN around these levels. there was huge inflow of btc last few days around 20000+. same as dec 2-4 dump.