jryan20

jryan20

Chart speaks for itself. Still long. We break this channel and we got to 80k very quickly. But obviously a lot of room to fall in this channel.

jryan20

Not much to say but this structure needs to hold. MACD in jeopardy of a bearish cross but could be a nice BTD opportunity. Still very bullish IMO but the blue sky breakout failed....

jryan20

This cycle is mirroring the 2016-17 run pretty eerily. If peak to peak is measured (1640 ish bars) we could hit this target EOY. ** Be mindful and greedy if chart decides to try and connect with the 21 weekly EMA, which it did time and time again in the prior bull market.** No one wants to think about it but it makes sense from a TA perspective. RSI is...

jryan20

Hidden bullish divergence on RSI 4hr. Last time there was bearish. Could be a bull trap only to retrace to 41-42k area but... hard to find a reason to take bearish stance. Happy trading.

jryan20

Not much to say here. Close to hitting next fib target of macro chart. Safe trading.

jryan20

With the double bottom W able to break up and form new higher highs it seems the ABC correction "could be over" (highly probable it is not). Catalysts could be PAYPAL earnings today AMC and the Microstrategy CEO summit on Bitcoin could propel this much higher. Above is my mid term targets if this rally sees a continuation to the upside. Its hard to bet against...

jryan20

Break of the top channel send this to 500-600.

jryan20

Its in a multi year cup and handle. When its time comes it will be a strong move. All about earnings. It keeps allowing time to accumulate. ** Note hidden bullish divergence on the 4hr and 1day.**

jryan20

Could still see a drop to 25K if the triangle breaks but for now the bulls have held strong. Bullish hidden divergence on the 4hr. Volume analysis is bullish. 50k target. If that breaks on volume next stop is 63k. Happy trading all

jryan20

Why not?

jryan20

Seems ready for a big move.

jryan20

Taking the wicks out of the equation you can see we punched through the 1.618 fib extension. Unless regulatory noise/FUD are used to liquidate longs (possibility very real) I dont see a reasonable pull back until 30k. A 30-40% drop would be healthy after this is hit as MAs are so far below on a weekly timeframe. Keep your eye on a pull back to the MA20 on the...

jryan20

Ill let the chart and indicators say it all. Scary similar pattern which led to a blow off top last year in July.

jryan20

Still could see huge capitulation as wave C of the correction seems negated but not out of play. Facts: - BTC closed its July monthly candle higher than any other close besides the blow off top at 20k area. - Volume was good - REKT city drop was a manipulated long squeeze due to moon boy leverage. - TD 5 on the monthly (not the best TF but still the first in a...

jryan20

Looking for a bottom of 1700 area. Would be the buy level of a lifetime.

jryan20

Target 11800

jryan20

Hmmmm.

jryan20

Been watching this for a year. Time to load the boat.