cryptopious

cryptopious Updated 

BTC has fallen back into the previous log channel, where it was using previous resistance as support.The price has just breached the 4hr Tenkan, I expect the price to retrace to 13k if it stays beneath this. At 13k there is a convergence of support of the 4hr Kijun and the 50EMA; which has been consistently used through this run. If that fails to hold, then I...

cryptopious Updated 

Expecting another leg up after pennant is broken

cryptopious

Price has fallen below the Tenkan Sen. Seen bearish divergence on the hourly RSI. Potential h&s forming also. Would be healthy for a small retrace. I expect it to find support at the Kijun Sen around 3.2k Sats.Lucky trading all xo

cryptopious

Could see some serious fallout from this phat rising wedge

cryptopious

NXT looking as if it will complete edge to edge. Minimal risk to plenty of reward

cryptopious Updated 

Doge looks like it may close above the Kijun here, using that as support it could find it's way to the Cloud. I am watching if it closes inside the cloud to buy. If it closes inside the cloud it should make it's way to the other side, as price generally does in the cloud. Potential for large gains, whether you like doge or not.

cryptopious

Neither long nor short as even if this wedge is valid, bitcoin has broken out of bearish rising wedges before.

cryptopious Updated 

on 4hr chart strat has broken through the cloud. Currently watching for a bullish T-K cross above the Kumo, which would be extremely bullish. Green kumo also formed.

cryptopious

MACD curling up. Just bounced off the Kijun Sen. Waiting to see if this bounce off the Kijun is enough to give an extremely bullish TK Recross above cloud.

cryptopious

Waiting to see if the Tenkan remains below the Kijun to sustain this bearish TK cross. Price has dipped below the Kijun (Bold red line) multiple times in past 2 days, and is currently below now which is indicating a trend reversal. May find brief support at bottom of the cloud at $7.8k, but i expect a further downtrend to the Kumo Cloud on the 1 day chart at...

cryptopious

Seeing the candle bounce right off that .382 fib and the rsi prev resistance as support is quite something. #TAdoesntwork

cryptopious

Corroborating with another post i've seen, in past 2 ath's prior to this, bitcoin has bounced off the trendline (dotted) once for a small correction where it has quickly bounced upwards and touched the trendline again. This is followed by a longer and more significant downtrend.I expect bitcoin to follow this fractal, not only because it likes to repeat itself,...

cryptopious

Bullish pennant formed, looking for breakout same width as the base of pennant. I expect this only short term, as BTC should correct further.

cryptopious

Seeing some higher lows on both RSI and MACD, with lower lows with price action. Also resting on a 61.8 fib retracement. Could indicate we're headed for a small upwards run before carrying on the downtrend.

cryptopious

Broke out of a needed downtrend correction briefly, shortly afterwards broke out and used the previous resistance as support. Then peaked after the segwit2x postponement. I think the sell off from this most likely nudged it back into it's downtrend channel