8.5k cuz Chart Fibs + Support & Resistance + Parallel Trend Lines Yes and cuz it's the CME Gap Yes and Fundamentally lower cuz legit liguidity is questionable, BAKKT any other legit Options Player will only increase number of professional bears to the market. Oil upheaval and price continued downtrend. Safehaven status questionable. Me anticipating THE...
Every story has a beginning, middle, and end.
EG Bear's Eye View... 2017 big bear dump at these levels. This month is turning into a needle in the sky. Supportive Fib zones dot the way down (.906 .899) to meet the 44ma, which, for whatever, reason showed support in April. What's up Brexit? UK looks strong to me. Me not know. Europe looks very intricate, like an MLB team that doesn't win but makes...
EU from a Bear's Eye View.... Momentum still Bearish on all time zones. Well below 200 MA's. Below 33 MAs. Candles much Bear to me. But me not know. Breaking below 1.0602 zone would be Berry Bearish. Berry Bear Honey Pot TP Target Zones 1.08191 & 1.04950 . Will it reverse and much bull? Is Europe looking like Euro Politico & Economo looking much...
atm 200ma is 77042 RSI and other Oscillators are in a downward momentum. Weekly S&R near 6000. . Whales could defend the line a while in the 6k range a while. . 8000s could see some profit taking. . BTCUSD to $6000. Extension targets are $5353. $3333. $2100. Whatever happens, Bitcoin and Gold could see something close to parity. ...
Midterm, Bitcoin target 8585 or 8484 or 8686. Why? Were in a down trend but, Tether. And also, Bitfinex. But also the bottom of another wedge awaits, as does 66MA. And it's in the area of a gap on the Futures. What say you? USA
If you believe in Wedges or Flags or Triangle, here is one. Technicals Break out to the upside targets are 13.5 16.2 and 19.9 again. Ballpark. Break out to the downside and there's options. Futures have a GAP waiting between 8.4 - 9K. Fibs and MAs collide around 6K. August 19 we'll know something. Price already broke another triangle that was forming. ...
Gap 8475 - 9065 Weekly Futures. BTC1! Circled weekly doji candles in the gap zone. Price stayed in these areas for the entire week, price memory within the gap. "Gaps get filled" unless it's Netflix. Will BTC Futures fill the gap?
What are you looking at? I'm looking at SR, Fibs, Twin Trends, MAs, Storsi & MacD. Monthly, Weekly, Dailys. This is the weekly and it looks Bearish. But then again, Tether is still printing, Exchange CEOs are still tweeting hyperbolic hyperbole, Bitfinex Order Books look ladder stacked to catch any run, "Trump" Effect... Lots to listen to and look at. What...
Building into one massive wedge is monthly Doge. Doge, the democratically elected leader of the home of Banking Finance innovation. Doge the "joker coin" whose memes are cute as a button. Doge monthly has built into a massive wedge with potential to break out any which way. This is just the DOGE USD pair. This isn't even getting into the potential for DOGE...
Support & Resistance. price memory and fibs (hash).
Don't ask. Obey. Rising Wedge Apex near predetermined Levels of Price History / Resistance. Buy Bulls Obey cuz at time of writing price is 8400whatever. So pickup another 1.5 K and then dump... OR Short Squeeze Monster Pump Higher at top of Rising Wedge. We'll see. Whales do what whales do.. Disclaimer, I'm a bum! Rarrrgh!! Get outa here kids!
Dipped and recoverd from the 66MA twice. Now holding. They are riding the DAILY 18MA range, above the middle Bollinger Band. This "Marketing FOMO" mimics a market, but Vertical is not a market. Quotas are. So they are presenting this "Bullish Market" to be obeying lower timeframes without much corrections. This last dip only honored the 4 hour time...
Whales Wash Trade Bull Bots obey 55 & 66MA. Which time frame? In this case, 1 hour. Here is your range. 8517-8953... Below is a buy. Above is a buy. Why? Below is bargains. Above is moon. Also, I don't know anything USA!
I marked the A and B a while ago. We hit the A.... STORSI turn bull 66 MA is way up above a dollar so that's a target too. BUY BULLS OBEY. This is financial advice from a homeless person, just so now you know. Are you responsible for your own actions?
Phones. Most people use phones. People see Bitcoin like this. Overbought and Vertical. Most are defeated. No new money. That can only mean one thing. Wash Trade Whales Pump Price up. Maybe dip to the 4000s if it is a real market but it's Marketing via FOMO, and that old song only works going up the steps to at the Bilderberg Bitcoin Boudoir.
Come on Wash Traders! Ya'll been manipulating this price a long time now. Let's make it fun. One trader supposedly shot the market up. Supposedly to cover bankruptsy for a mining firm. Coincidentally near the same time a Canadian Exhange gets 100 mil lighter. Just in time for the Upcoming Bilderberg Meetings. Timing couldn't be better to keep wash trade...
supposed to be pegged to a dollar.... lol