cuddlesquid

cuddlesquid

Support at 46 720 and 46 515. Bulls will need to start breaching 48 520 for any hopes of 50k test. Next couple of days should be very interesting as this 12h move unfolds.

cuddlesquid

We are failing to breach some very important levels. Currently broke down out of symmetrical triangle which is looking to be tested. Bulls should be breaching 45 875 with power and its not happening. Second level that needs to get broken would be 46 415 and 46 720, both of these levels are severely critical. Finally bulls need to show real strength at 48 191....

cuddlesquid

Sucker rally and trap written all over 28-52k run. Be very careful and wait this one out for a couple of weeks.

cuddlesquid

Should 50k clear and hold First resistance at $54,000. Major resistance at $56,000.

cuddlesquid

We are brewing up a very large move 5-10k. Perhaps around September 2-5. Thanks @balipour for Historic Volatility, you rock!

cuddlesquid

200-Day might get tested at 46.1. If we start eating this level and break through 45.8 we may slide all the way to 38k this month.

cuddlesquid

I would be interested in the 40-49 area by end of Rektember if we go this route.

cuddlesquid Updated 

Expecting a green daily close up to 48,500, failing to breach this level with momentum will result in a reversal to testing 200-day at 46,000. Next decent support is at 40k. Safe trading ladies!

cuddlesquid

Next stop would be about $83 and $89 if we break upwards. If we don't there is still some decent support at the $54 area. Squiddy wish you safe and happy trading.

cuddlesquid Updated 

My gut feelings says stay out of it. A Solid breach above 47k is required and it needs to stay up above it!

cuddlesquid

Scary rising wedge. Volume has been decreeing on this rally. Barely looming at the 200-Day moving average. Taking profit in the mean time. Should things break upwards, Ill long 70k. Good luck to you all and be very careful!

cuddlesquid

.236 was very decent support on daily timeframe, next stop $81 should all stay intact.

cuddlesquid

Weekly stands in the way, a pull back may be required, overall seems very bullish. Currently in its comfy zone above the 200-Day moving average.

cuddlesquid

One to two more knocks at the 200-Day moving average will not look good. Solid closing above is required or this run is over.

cuddlesquid

August 9th - August 10th Next couple of weeks are very important. We will see how they close.

cuddlesquid Updated 

We may be moving by the end of this month.

cuddlesquid

1st Target reached, $9650, $10k approaching!

cuddlesquid Updated 

Moving up to $10,000 this time could definitely be different. Consecutive higher lows while failing 10k (.5) multiple times.