W3rN0tAl0n3

W3rN0tAl0n3

BTC is looking like it may need a pullback to 8500 or so before attempting to match or break the ATH. Isn't it funny though how the Binance/US news came out yesterday which was definitely bearish, and instead the market rallied.....hmmmmm? That is the same thing that happened right after Binance's hack last time too.....and even after the Tether scandal. Clearly...

W3rN0tAl0n3 Updated 

Not sure why it happened, but Chainlink almost doubled price in an hour

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XRP has formed an almost identical pattern going back a couple years with each "pump" separated by almost the exact same bars...and we are now at the point when one would expect the next "pump" in this pattern- the market sentiment is good so it is theoretically very possible- we shall soon see. DYOR

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XRP- perfect falling wedge breakout yesterday, although not much follow through yet, I do expect it to rally in the coming days- just an idea- DYOR.

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nice setup for some upside.

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Not looking too good today for the bulls.

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Will BTC break that diagonal trendline to find support or get pushed back down into previous zone?

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Well that 200sma on the 4-hour had been a reliable support up until now- that's not a good sign for the bulls, they will want to try and get back above there soon..... if they can.

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Just brainstorming

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This should decide itself in the next hour or so as BTC is getting squeezed into a couple trend lines now

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BTC is looking weak as it is unable to hold 8k, therefore I believe we could retest $7500 again in coming days- downward pressure will remain for the next week or so. All the best. DYOR

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A much needed return to November 2018 levels like almost every other token has done at this point will soon play out. Vechain is one of few projects actually delivering on promises and products- having just recruited Deloitte to their ranks from Ethereum, the enterprise-grade blockchain company has a bright future imo. Just an idea- DYOR.

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Zilliqa's big smart contract capability release is in a couple days and the chart is set to pump to levels not seen since last fall- nice. DYOR

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BTC held yesterday at support (for now) and has attempted to move up again in a small relief rally. It has conquered the 4hr Bollinger Band median which is important, but the asset is looking tired already and could simply hold around this level for a bit before either making another leg up or another down as I expect. I still think we have to test the 6k floor in...

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Notice how TFuel broke out of falling wedge and has now fallen back to retest support that is holding- potentially a perfect set-up for a nice swing trade.

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BTC has broken down, again, this time from the triangle it had formed in the past day. It is important to note however that the 4 hour 200 SMA is holding strong around $7500 (Bitstamp) and has held since February if you can believe it, from $3600. So with this data we can watch BTC to either remain above the 200 and mount a relief rally.....or break the 200 and we...

W3rN0tAl0n3 Updated 

As you can see on this close up of verified trend lines, BTC did in fact make it back into ONE of the trend lines and is holding there now after being rejected earlier from the trend line above the one it is now and after having held the last trend line before 6k below it. We held at 7500 as I predicted, however I'm still seeing a lot of weakness and do expect...

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I expect a reversal around 7500 after one more attempt to push down, but if that fails 7k should be the bottom for now- obviously 6k is significant as well but I don't think we see that again I'm afraid.