orbsatchel

orbsatchel Updated 

Is there more room to run before the wall of resistance? Maybe a parabolic end here hitting the Fibonacci wall? This has already had a spectacular run. Are we heading to ATH?

orbsatchel Updated 

Hello all. we got stopped out last night at the 13943 which was at a resistance and also a short term fib level for new down trend. I have not been looking at the longer 4 hr downtrend lines and that has been a BIG MISTAKE. I now have an order in at 1214 to buy and that might have to go down closer to the 236 fib line later today depending how BTC does and any...

orbsatchel Updated 

This is the ugliest drawing of one one the most beautiful charts in crytpo. Look for a pullback from recent high resistance ( coming soon we hope)down to the marked area near the fibonacci retracement zone. We marked the cup, the handle, the recent high resistance, the stopping area around the fib line, and the rocket arrow that may be coming. If you don't...

orbsatchel Updated 

This chart is going beautifully! Should be a pullback to the resistance blue line just under the 50 fibonacci level on the short term fib ( You should not bet the farm on the short term fib levels though). This is above the uptrend line marked and we should be good to advance up to the next larger fib level on the older chart post. Then back to short term highs?

orbsatchel Updated 

Hey guys, sorry about the messy chart. New here on TV and watching this run in NANO. The hourly just closed above the downtrend line and seems to have passed key resistance here. Next stop is more resistance and more key Fib levels. Please let me know what I am missing or did wrong here. I do not want any more mess on my charts so I am thinking time frames,...

orbsatchel Updated 

It appears we broke out from downtrend line. Nano looks like it is bouncing on the long term up trend line AND the hourly Moving Average MA cross could lend a big enough pop to get over the near resistance and fibonacci level. Notice the support that became resistance levels and don't be afraid to sell if these fail.

orbsatchel

Usually the flag pattern means continue of trend. The MA Cross could bring a pop here. Break through the 50 Fib? Time will tell.