hardforky

hardforky Updated 

Still short, expecting major dump late today - US markets might be catalyst for shift down or move back up to test / break. Best, HF

hardforky Updated 

Above here and it's probably a run on the ATH. Healthier to drop to $47k Best, Hard Forky

hardforky

After hitting the $47,400 target (see previous) I've adjusted the wedge to the latest data: Holding $47,400 was critical as a drop below could invalidate the structure. Note these structures are never the same so I'm basing form on data as it develops. Even the drop was deeper than I forecast in the initial setup. Like everything there are no...

hardforky Updated 

For me the pattern is now confirmed. I'll clean this chart up when I have time later. - Identifying these structures early on is often challenging - Target X was actually the top peak in the wedge ( I did wonder why the spike was so short) --- Next 24 hours based on this pattern = Chop down to $47,400 (Today) . Then Long up to $50k (Sunday) Best, Hard Forky

hardforky Updated 

I am starting to believe in this structure. Hit Target X - $52,500 and Dropped to $49,000 as forecast and got some nice low margin entries as a result. This move is further evidence (see linked idea) to support the next move up to $54k (Target Y) over the next few days. - trading next 48 hours : expecting the trend to be up with some chop on the way on the 4hr...

hardforky Updated 

On track, expecting a short opportunity incoming: around $42.5k to $49k Best, Hard Forky

hardforky Updated 

Fantastic trading opportunities if this develops and potential ALT run. Post falling wedge I was analysing some historical charts I save on file (sad life ;) to forecast March and I noticed the structure resembles very closely the pattern outlined here on the 4hr. Typically I'd observe this after a deeper dip but the market is bullish and drops have been...

hardforky

Circled is the retest of the break of the wedge which has completed and we are resuming up. -- As I (as an amateur) understand it this is the most reliable entry point with stop below the wedge. I have a red line denoting resistance here at $47400ish so nothing is certain. -- I noticed a few folk calling a break at the thin white line. I think this is fine...

hardforky

Refreshing myself on the mechanics of a falling/descending wedge during breakout. As I have understood from some light reading the target is $55k for the move and the Descending Wedge is characterised by: - Lower Lows, Lower Highs - Divergence on RSI - Drop and rise in volume Benefits seem to be: - Obvious pattern - Decent risk-reward ratios - Small stop-loss...

hardforky

Not great support but I've taken some long trades at $43k. Although we are on the edge of BTC support with a drop to $37k downward momentum slowing. Long because: - Bull Flag - divergence - ALTS into their new year support - This looks like a retest of the last ATH - Although this supports further downside but this would mean a break of the flag - this would be...

hardforky Updated 

For me that is the end of the short effort / correction. Formation could be a bear flag but looks like accumulation to me. Made some money but risk is to great to the downside. Target for me is $53 and ALT run Best, HF

hardforky Updated 

After 3 weeks It looks like we are finally here? There is support at $47k and is a potential bounce point so the dip might be delayed by a few days / not happen - red arrow IF the drop occurs here: - MY TARGET: $37,900 / the stops behind the structure circled in pink. It is a stretch target as imao this is where the support really is - $41k looks too obvious...

hardforky Updated 

Buying some time on this idea. Target is $47k back up to level before major drop expected Thur/Friday. This will ensure maximum volume at the drop for the MM buy. Best, HF

hardforky Updated 

Waiting for $50k then 20% drop. This week we have seen 2x dips as the market tries to shake off traders before the next move up. I've tweaked my analysis and I'm expecting a 3rd drop as target was not reached. Note that trend is indicative. - My target has been $41k ($41,300) - I suspected the 2nd dip might not reach target - The $41k target remains but I see a...

hardforky

I'm still waiting for a 3rd major dip. Ideal target is $1.5 but expecting $1.8 to hold. - My forecast is for BTC to run up to just over $50/53k then down to $41k over the next few days. Best of luck, Hard Forky SXPBTC Chart BTC Idea This SXP Chart looks like it has run out of road and needs updating

hardforky Updated 

Looks like shorts have been set at $55k. Expecting to dip targeting $41k - Support. Dips have been less extreme from BTC recently so might not hit mark and only touch around recent low ($48k). Expecting it to sit around new low for a few hours before resumption up so no rush. Hoping ALTs sweat for a while and look for an entry. A wildly aggressive idea. Best, HF

hardforky

Hopefully you were ready for today's shakeout. Normally I'm bullish but I identified this drop a few weeks ago based on fractals (If you believe in such things) - see my BTC ideas. I'm expecting a retrace then deeper dip on BTC over the next 8+ hours. BTC could hit $41k. TARGET = 0.0000044 The market is going to new highs so no panic, just good short term...

hardforky

I'd recommend you don't short this. Best, Hard Forky