The sell off continues and BTC is entering the old support zone, sentiment is dying but this could be a good entry point so trying some here. Also we are at the channel where we would like to see a technical bounce, my first tgt from here would be 8200.
Lots of consolidation in BTC recently, this allowed for technical to settle as well. MACD has now crossed, potential for inverse H&S patter and near term tgt of 16K. I like blockchains as a trade her and grabbed some $TEUM (2.38)and small position in others.
just noticed the time interval pattern, so it looks like we have peaked on this run and we have approximately 1 month per move. Looking at the pattern I believe we see close to 1200 by the end of August so going to try to trade a short based on time intervals, short from 1268.
Great buying opportunity has arrived, lets buy some gold in this area for 1309 area. USDJPY has become over extended and has entered into a great short opportunity and US 10YR Yields has also become over extended. Green pips to all
From a technical standpoint the company is nearing early 2000's support levels. Way oversold with an rsi of 21.21, I am seeing short term upside of 10-20% and long term upside of well over 100%. I am interested above $25 with a stop below or the ability to avg. down if it touches below $20
Disclosure; no position, but may go long