chlorine

chlorine Updated 

BTC is heavily oversold on the 4HR. Price bounced off of an important support, as well as dead on the longer term .618 fib from ATH. 1HR is also extremely oversold. Daily is not quite there, so I'm not sold on a full on reversal, most likely I expect a bounce up to the .618 fib from this most recent drop, and then a continued sell off until the daily RSI is...

chlorine Updated 

I've been watching this market unfold carefully and have been sitting in the sidelines in cash since $2800. The parallels to basically every bull trap post-bubble in all of crypto looks dead on to where we are at with the market. Not to mention overwhelming "to the moon" sentiment in all the ETH/Crypto subreddits. We still have yet to hit true capitulation and...

chlorine Updated 

Daily RSI trendline broken, euphoria at it's maximum, people buying <3DTE calls like it's an infinite money glitch... Once that trendline on the wedge breaks, get ready for the fireworks.

chlorine Updated 

Following up on my previous idea here: I have been sitting on my hands since August 17 2021, waiting patiently and sticking to my plan for my entry as posted in the above chart. As we wicked down into by buy zone illustrated in the first chart, I had a bunch of orders trigger. We are continuing to revisit this area, and orders are being filled. Once I...