Thirsty Bears wait for Zombie Bulls in Bollinger Band MA Gulch. IF the Zombies march North there's not much ahead in the way of the walking dead. But OB MacD on Multiple time frames suggest Bearish reversal in momentum.
Entry 2700 ish
Beep Boop Bop, it is disrespectful to the robot to call it a zombie. Robots however are told what to do and they do it, AI label or not. And if you look across the horizon on a North American Afternoon, and even though there is the smell of blood in the streets, the Robot Bulls chug on.
What drives Robot Bulls? Fear of ruining Christmas. The mountain is ...
Look at me, I'm a robot Bull chugging up the mountain. Nothing to see here, go back selling buying this trend for now. Never mind the MacD is getting wanna be REKT. Me just moo cow chugging along at lunch after morning birds hit the yard. Go back to shopping for Christmas and just ignore the sound of the bell round my neck banging down the side of Mt MacD.
Took about 5 months to grow in price from the 2200s to the 4400s. 3 of those months kept close to 2200 and 3300. We've recently seen some support at 6500 and there's maybe something at 5500. But if we get a Whale run and price goes magnetic maybe we hit that zone we was chillin at this time last year?
There is always opportunity whether price goes up or down. Right now the opportunity might be to run!!!
~Bearish Weekly MacD's across the board. Bitcoin especially is looking at dual crossovers on the Moving Averages.
~Bitcoin targets are $5000, then $4020, then $2400. If I'm wrong, and I hope I'm wrong, then Bitcoin could bull run to the $1150s.
~Litecoin is ...
Anything under 21K is a deal. This is an investors, HODLrs, forecast. This is not for day trading. You can flip in the zones mentioned in the video. But if liquid, buying now is bargain, even if price dips to the 3600s. Buy then too.
The only pause on the horizon is the approaching 21 MA cross over of the 200 MA. Whether something fundamental pushes ...
This is my first attempt at the video capture for Trading View Reviews.
Bitcoin looks like it has one more dip before a bullish run.
Weekly is still BEARISH MacD. I anticipate one more week or so of range.
Otherwise the Daily Candles are BULLISH .
Volume was large at Midnight Today, but has been steadily decreasing which is BEARISH. The SEC CFTC talks did ...
From what I can tell, Elliot Waves are pretty interpretive. So using just support and resistance zone and the 1-5 and ABC retracements, I visualized a return to All Time Highs in May.
I welcome any discussion on how Elliot Waves function.
Bullish. Currently at .00055 level. Recent surge plus the daily MacD and RSI suggest a pullback to the moving averages and .5 fib area of .00045.
But overall a crossover in the Moving Averages is a bullish sign.
Elliot is cool huh? One can discover the dance they set out to dance to. And if it comes true, hullabaloo! I know nothing. But this is one elliot wave interpretation we test support 10400 soon rather than never.