One of the few DeFi projects I am bullish on since 2017 and one of my many bags who are almost green is looking very positive now with a break above .50 bringing this into extremely bullish territory. Time will tell with this one and performance this year has been solid so far. More to come
As with my previous technical analysis that shows an upcoming Golden Cross on the daily, this possible Cup and Candle on the weekly seems to be inline with the golden cross we should be experiencing in the next couple of weeks. Looking at a break above 11.5k with heavy volume for confirmation of the C&H breakout.
The 50 SMA on the daily looks to be on path to cross over the 200 SMA as it has crossed over the 100 SMA already. This hasn't happened in a while, and last time was in the end of April 2019 and Bitcoin had a 64 day run of around 147% from 5.3k. Expecting a nice run up to halving with this golden cross.
Things are not looking so great for King BTC on the monthly chart and I am just putting up direction on two targets. Look forward to following this one up in the next 6 months to see direction it takes from here.
Doesn't look good to me at this point, we have already been rejected from the 200MA and looks like we could be facing another short attack with new futures trading platforms opening up for US customers as we did with CBEO and CME. I am putting my bait around the 9.3-8.2k range with 75% in 8.2k line.
The BARR has been confirmed and the current channel is forming. Looking at the daily path until that 8k target. 4k will likely not be visited again folks so strap on for break above 6.5k by end of June.
I am looking at this drop in bitcoin as a temporally correction before the next big rally. Those who have been around long enough, have experienced these kinds of corrections and know that a bounce is always in the future with a break way above previous ATH. I plan to accumulate in the 3.2-2.3k area as I don't expect us to go lower of above these two area for the...
Russel addition has brought in a large flood of volume AH on June 22nd. FDA approval for 3mm within 80 days and ER sometime in August not to mention some new FDA submissions on way will bring in a lot more attention to this growth company.
Keep eyes on this channel and a break at 10.3k and push above 11.3 and hold would start the next bull run of 2018. Very bullish on bitcoin now. Still believe that middle to end of May will be the start of a beautiful run. Anything below 8.9k is a gift now.