RyanDreBach

RyanDreBach

Short squeezes aren't bull runs, they're short squeezes. There remains little demand for BTC at these prices. I suspect BTC will continue it's decent to sub $5k levels, but I'll cover my short if a break above $7.8k occurs.

RyanDreBach

Analysis: A break above $7.9k would indicate a break through of the large wedge formation. If $7.9k is rejected, I suspect BTC will continue it's downtrend down to the $5k range before bouncing, otherwise, we'll likely see a bit of an uptrend and consolidation mid-term. Personal: I will cover my short with a marginal profit if a break above $7.9k occurs. If $7.9k...

RyanDreBach

Analysis: BTC's ceiling seems to be retracing with perfect symmetry, which will likely bring BTC near $5k by mid-July and invoke a break through where the ceiling of the mid-term retracement and long-term support levels converge around $5k to continue the long-term upward trend. Personal: If BTC continues it's dive down to $5k in the expected timeframe...

RyanDreBach

Analysis: BTC's ceiling seems to be retracing with perfect symmetry, which will likely bring BTC near $5k by mid-June and invoke a break through where the ceiling of the mid-term retracement and long-term support level converge around $5k to continue the long-term upward trend. Personal: If BTC continues it's dive down to $5k in the expected timeframe specified...

RyanDreBach

If the chart doesn't say enough, read my last post. For the two people that see this, get ready for the easiest money you've ever made. I just bought a shit ton of 20x leveraged futures and expect to make no less than 500% profit (20 x 25% = 500%) on this bounce. Meet me in Panama - Drinks on me.

RyanDreBach

Ether is primed to bounce near $420, continuing it's long-term pattern after this major spike and much-needed correction. Aside from continuing it's long-term trend, much new money has entered into Ether since it's broken through it's last major wedge and the speed of this correction indicates the shorter-term traders have taken profits since Ether broke it's last...

RyanDreBach

BTC's likely to top out here given the mid-term trend. I just put my left kidney into a short up here.

RyanDreBach

The last 12 months were fun, but we're in a bear market now. Don't let the short-term pumps fool you.

RyanDreBach

BTC broke it's long-term trend at $8.5k, (giving those who followed my last call and bought at $8k the chance to exit with profit during the 20% bounce). I don't believe this is a double bounce, so I'm expecting a bottom around the next level of support between $5k and $6k as the mainstream that boosted BTC 300% from $5k start to cover their positions.

RyanDreBach

I've been citing the pattern I discovered since before BTC dipped to around $2k in July. So far this pattern has proved true the last twelve reversals, so I'm going to go ahead and predict the next two reversal points for the next three to four months of price action with this model. BTC's next point of reversal will be $21k. Then another point of reversal at...

RyanDreBach

BTC's price has been following the same pattern for it's past six retracements. As shown in my past trading view Ideas, I've been pointing this pattern out since BTC's reversal at $2k. I believe this is a continuation of this pattern. The pattern is as follows: BTC follows a 1/3 retracement downward from it's last PPoR (peak point of reversal) followed by a...

RyanDreBach

LTC bottom nearing between $100 and $120 as price nears long-term upward trend.

RyanDreBach Updated 

ETH also hit $$20 it's first exponential pump. Maybe everyone is just stoned during these pumps.

RyanDreBach

A dip to $11.5 - $12.5k could be expected, but I stand neutral until either another rejecion from the short-term downward trendline or a break through the short-term upward trendline occur. Predicting BTC corrections more than a few days before they occur has proven a bit difficult given the change in the long-term chart pattern and the effect that nontraditional...

RyanDreBach

LTC has continued it's long-term upward trend and has broken it's mid-term downward trend. As BTC continues down to $5k, money might flood to LTC. Given how low LTC's market cap is relative to BTC's, LTC could see quite a large spike.

RyanDreBach

$7.5k-$7.9K has been the clear point of reversal since breaking $5k. Although there could be a short-term bounce "testing" $8k, a break above $8k is very unlikely, especially since it's recent stalling after a huge 150% run. A 1/3 retracement from $7.5k would put BTC at $5k; the peak before the last correction, which would continue the pattern it's followed the...

RyanDreBach

BTC looks as if it may be at the top of it's retracement line. If it breaks above it, without subsequently closing below it's long-term bull run trend-line, it will likely continue it's run upward. I am short at this point, but am open to the idea of a continued bull run if a break above does occur.

RyanDreBach

The last two exponential growth sprees in BTC ended in a 1/3 loss of price, which started the base for another exponential price spree with a higher high. Where we are now is about a 1/3 loss of price from BTC's all time high. I figure BTC bounces here, it'll be the start of a third exponential growth spree after a 1/3 loss in price, but if we fall a notable...