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.
The king is roaring it's way up a bullish channel with great support at bottom lines. Watch for breakout from top channel. Loving this momentum. 8.8k good support now. Looking for break above 9.3k and 9.7k within a week if this momentum keeps up. Stop loss 8.7k
Seeing a lot of resistance near the 9.1k mark which could be hard to hold if it breaks. Upper targets are 9.3 and 9.7k for further continuation. Watch for 8.7,8.4,8.2k (Low entry, tight stop) and 7.5k (bottom support). Stoch cooling down a bit and MACD crossing on the daily. Possible move in either direction but leaning towards 8.7k or below.
We broke out of a 2 month plus resistance of 39.5k, look for entries at 3.3k or 3.5k and watch for break above 4.3, 4.5,4.7 and 5k with 6k as start of a stop loss at 5.3k but if/when 6k breaks and holds look at 7.8k as your next PT. Overall daily looks strong and bait is set at possible entries with tight stop loss.