BTC - if BTC can pull off the bounce at 9200 then 11300 . if not and BTC drops into the cloud then BTC can attempt at bounce at 8900 and if that fails the BTC will attempt a bounce at 8200
CME will probably drop BTC and the crypto market to fill the 8880 gap - the question for us to figure out is when so we can get out in time. CME may flash crash the market or wick down, and they will aim to do it when traders least expect it .
Ive been watching this Crippler fellow for a while and according to my graph below XRP is approaching takeoff and will head off soon to the Pluto area. Ive no idea how much the distance to Pluto computed in FIAT amounts to ( so don't ask for figures ) but I expect it can be substantial ....Now please excuse me I have to go pile up some XRP hoardings...
XRP Dropping lower to .285 if .285 cannot bounce XRP will move to .279 for a bounce
Reversal down to 8500 - May hit 9600 to 9400 before dropping lower to 8886 and then move 8500. After 8500 BTC can move lower to 8044 for a bounce . I don't think BTC will move lower than 7900 for this correction.
BTC is still bearish and making lower highs and lower lows . if BTC drops s below 9300 this can be challenging . Also the latest weekly candle looks like a candle to clear out shorts and longs.
Whenever the MA30/13 cross on the weekly it signals the beginning of a new wave of selling - or Phase two of the bear market. The MA13/30 are going to cross in a week or two and BTC is going to move up to get traders to FOMO in then the next wave of selling will begin and move down swiftly. How high can this dead cat bounce go ? id say somewhere between 9500...
if BTC breaks 8700 it can move to 9600 and if BTC breaks 9600 it can move to 11700 . if BTC closes below 8300 then move to 7900 for a possible bounce ,
BTC - Island Gap at 11700 - CME may move up to fill it and recover loses
On the right side is the normal BTC graph which mirrors the start of the 2019 Bull-Run . On the Left side is the current BTC graph at 7700 . This graph has been flipped upside down . The current graph( on the left ) turned upside down mirrors the start of the Bull- run graph on the right . The following items can be observed...
BTC - closes above falling wedge and the MA200 - its bullish MA200 sits 8700 and to exit the wedge must close above 9400
BTC wants to get to the 6900 area : The top head and shoulders continuation pattern has a target of 6900 . The smaller head and shoulders also has a target of 6900 . ...If BTC has any intention of moving upwards the first order of the day will be to make it past the retest of the neckline of the smaller head and shoulders at 7850. if not i'll stick...
BTC - 6500 coming soon to a city near you .
CME has one last gap remaining unfilled at 7100 and they may drop BTC down to this area and fill the gap .