kingster

kingster

it clearly looks wedge break down and now retest the resistance. at 7050 as well as Fib at 0.5. although BTC Future Gap left behind at 7160 to 7270 but looks it will not filled. so that was just fake out and strong bais to Bearish. DYOR

kingster

IF it rejected from DMA 50 at price of 7200 and then will make right shoulder. which will damm bearish and target easily 6150. Question is IF rejected. IMO it should. let see.

kingster

Now Storm is coming down to support level at 14 sats. IMO best buying opportunity is 10 to 12. I still think in coming days BTC dominance will increase resultantly more Alts will bleed. so still should wait before entering new trade.

kingster

03 Reason for BTC Bearish 1. TD 9 Sequential 8,9 Candle High from 6, 7 Candle very much Bearish sign. 2. Facing Important resistance at 50 DMA 3. Bearish Flag almost on Peak Touch 4. Important is Decreasing Volume. In spite of all these BTC moves up then no one can predict. IMO it can retrace to 6.6k and even more to sub 5K. If u get any idea smash the like Button.

kingster Updated 

Again my Friends Low volume Not Impressed with Bulls.

kingster

Most probably chances are declining as I am speaking again for low volume please do check that.

kingster

SO again with decreasing volume this bull run could not successful. Let see But if we clear it then easy route to 7.8k.

kingster

I am not convinced with this bull run with declining volume. now facing important resistance 200 MA on 4 H time frame. Take it as education and hit the like button. DYOR

kingster

Waiting for dump then Alts Party will start. I must say to accumulate good coin now.

kingster

ON DAILY CHANNEL CHECK HOW BTC RESPECTING TRENDLINE. I think bearish flood over.

kingster

LET SEE HOW NOW IT REACTS.

kingster

LAST HOPE OF TREND LINE IF BREAK THIS THEN MORE UGLY THINGS HAPPEND.

kingster

200 MA 0.382 Fib Level at 506 sats and for Elliot wave perspective it looks to complete the wave 2. Well wave 3 Target could be 980 easy. I hope that now correction is over. Buy the Fear 17 and sell the Extreme. Please do like the Chart. Thnx

kingster

Need ur comments for chart pattern Improvement. Thanks

kingster

BTCUSD is creating right shoulder on weekly time frame it looks clear and great buy opportunity. If u get any info please like. DYOR.

kingster

AtomBTC is still in trend line range having support arround 39k if it broken then next fib level is 36.5k would be an ideal buy for long uptrend. let see how now it protect. For me it looks that Bulls are not ready. So retracement can be more. DYOR. Thanks.

kingster

On daily Time Frame BTC dominance is at resistance either it can breakout or drop. if Breakout then it is bad for alts. already break the on 4 hour trend line.

kingster

It looks wave 2 count can be complete on 4610 and then wave 3 start as in Elliot wave count. It looks pretty bullish now. Any suggestion would highly appreciated. DYOR Thanks