This is a possible Bullish Cypher on the 144m chart. This is not financial advice, nothing but a hypothetical scenario that could POSSIBLY happen. This could crash and burn as well I can not read the future. Good Luck, Have fun.
In this scenario, you would be going long right now and run a tight stop, but you would also be loading up your BIG short on the way up and DCA into each target zone as needed. The target on the short is in the low 5k's. This is NOT financial advice, this is just art on a chart. Good luck have fun.
These would be the last 2 retracements bulls would look for if we don't keep support on the .5 fib from a bulls perspective. You can see the bottom 2 boxes would be either short targets, or long entrys IF we went lower from here. The top 2 targets are the next stops I see for longs. Remember this is NOT finance advice, just chart art. Good luck have fun.
Possible short targets that we may meet. The red boxes at the top are possible long targets as well. I am currently short and will DCA into it if needed, but remember I don't give financial advice, this chart is just art. Good luck and have fun.
Possible short squeeze targets for XBTUSD. This is what I think targets would be IF we played the ping-pong game and went to the next target on the list in the 6700s it would fulfill the "short squeeze" This is just chart art, never take these as financial advice. Have fun, Good luck.
Chart explains what i'm currently thinking. Will update the up scenario in a few minutes. This is just chart art, not financial advice. Don't take it as advice at all. Its just a drawing and a possible scenario. Have fun, good luck.
So these are possible targets. I am currently long. Remember that nothing I post is finanacial advice, this is only my opinion and possibly what I AM doing. I am not suggesting that anyone do what I am doing, or take this as financial advice.
This is my vision of a bears dream in the current situation we are in. And yes I know its steel like metal, but I figure if you get your orders filled in that zone with me you are really stealing money from the bulls. Have fun. Good luck.
This is how I think this could play out over the next few months on a macro level. Once we get to the red arrows we will either continue into a bullmarket, or break the next fib lvl and attempt a bull run.
Publishing this a little late, I forgot I started publishing on TV, my applogies. This is how I expect this to play out. If you got in a long at the 6100's give yourself a pat on the back for catching the knife and "longing the bounce". Remember that we are in a bear market, so this can't be treated like a long in a bull market until its confirmed a bullmarket....
I see a short term swing from here, tight stop just below 6300. The bearish outlook if we dont break above 6425 is down to 5800. Expect this to go no higher than 6900s, short it down to the 5k's after.
So we are in a zone with a lot of different possibilities, I have several charts that confirm this is going down into the low 5ks, possible high 4ks. But everyone wants to know.... "When's the bounce though?".. Well with the T D 9 on today's charts its possible this is the start of a relief rally the bulls have been looking for... I'm still short with a stop...