Bitcoin has tagged resistance, it'll need a Giant to push past this descending trendline and resistance zone.
This area is no man's land. If BTC holds up here for the entire week then it'll have a bullish bias.
Be very careful as the Dow is bearish.
The Dow printed a bearish reversal candle on the daily at a major fib zone.
Bitcoin has tagged resistance.
Not sure what happens next as the monetary authorities have disappeared. Anyone seen Mnuchin lately?
We may range trade ...
Bat got smacked down hard by the whales a few days ago. Looks like a retest is developing in the next few days.
It's quite a large target area because the market cap is so small and the whales can do anything. They can even bring this to zero if they want. So you'd need to long it with a limit sell order at your target and use a stop loss---as they can do anything.
There are a few areas of research that the Illuminati is most interested in. And technology that can alter being is of keen interest.
Thus, you should keep an eye on projects such as Link that may present opportunities to the Illuminati: for they have deep pockets.
Yes, yes they do.
So IF Btc holds up here, they'll pop Link up another price level.
I'm getting a boner.
ETC appears to be incredibly bullish; with 3 higher lows (closing) in the last 3 months. If BTC holds up here and again challenges 10k I suspect the biggest winner will be this guy.
Looks like the whales are prepping this baby for lift off, and if it moves it's gonna move fast.
This trade is invalidated if it rolls over like an old man...
After suffering a devastating 90% collapse in market cap, ZIL has been making a comeback.
The first Elliott wave has completed, it's possible it'll pump up to another price level ( and that's to be decided by the whales controlling this small cap coin ).
But according to Elliot wave ideology; a retracement to support ( consolidation ) is required before taking...
The oil and stock markets in the USA finished the week in good shape so Bitcoin should ride the wave of optimism and retest the resistance this long weekend.
We should bounce around 9,200 and 9,800 this long weekend.
Overall macro conditions are very poor ...
I suppose the bulls are waiting for the next big print-fest; so everyone is waiting for the FED!! ...
So some traders are upset with Binance because their bitcoin futures contracts were automatically closed recently.
This phenomenon can actually happen in other asset classes but doesn't because of greater depth of liquidity.
It is called "forced deleveraging" and happens when the exchange is at risk of taking losses because there's an imbalance...