ReNLoG

ReNLoG

-$18k - $16k is most important zone to watch out for next few weeks. -If Bitcoin manages to hold this 18k-16k then expect midterm uptrend to $30k-$35k before heading down to final capitulation target $9k. -If bitcoin fails to hold above $16k on 3 days chart then be ready for the final capitulation to $9k before any healthy recovery.

ReNLoG

#UNIUSDT is very week and printing a bear flag on LTF (1H), on this bias, ill be opening a short position around the previous support around 5.06 acting as resistance now.

ReNLoG

BTC Update Bitcoin is consolidating just above the inverse head and shoulder pattern. Here I will not recommend to open a new trade, because this is area of no confirmation. First week of July is bearish so expect 5-10% pump before the dump to $18k.

ReNLoG

Can we make this happen? Watch STURJUSDT do a free fall immediately we start trading inside the triangle. It's a tricky double top though not fully taken shape but likely the nearest scenario. Let me know what you think about the entire market. full bearish or you think we'll get a pump soon?

ReNLoG

This chart shows there will be more bleeding for A ltcoins is on the way. In upcoming weeks BTC will bleed less than ETH and Altcoins.

ReNLoG

GMT gearing up for downtrend. if we break the first support line, we'd be seeing a retest to the second line. #ReNLoG

ReNLoG

BTC is consolidating inside this triangle. The decision time for bitcoin is closer... Anyway, I caught the short at $47k and currently holding!

ReNLoG

Larger investors on Bitfinex have accumulated a huge short. Short positions increased by 296%. Major Events Next Week: - Fed´s decision on interest rates - El Salvador to issue 1 billion dollar Bitcoin bond.

ReNLoG

BTC rallying to fill the CME GAP around 39k zone. if we get rejected again slight below the resistance close to thee CME gap zone, its another opportunity to short BTC. Watch out! #ReNLoG

ReNLoG

BTC is currently overbought and needs a pullback to retest $41K-$42k for much stronger upward move ahead. You could also view through the CME gap around the $42k which we expect to fill before the weekly closing(Friday). At this point I will be opening a short position around the 44k-45k targeting the CME gap around 42K.

ReNLoG

BTC is about to break the trend line. We can expect $57.3 and $53k.