thepaulito

thepaulito

Pink horizontals re historic range,. hit the bottom twice now gearing up for no.3

thepaulito

11500, then 11700 short entry

thepaulito

btc 1h descending channel

thepaulito

I think we are on the way down to the bottom of the channel, should reach it just before the halving fomo kicks in.

thepaulito

I think we will see a gradual retrace to support before bouncing off to make another push toward 8k

thepaulito

I believe we travel along the top of the larger descending wedge before testing the lower support again,. 6400 was the 1st test, if that fails 5800 area should give a good reversal opportunity.

thepaulito

at the bottom of the channel now and curving upward.

thepaulito

support and resistance on the chart,. we are at the bottom of the wedge,

thepaulito

on the support now,. I think another bounce and then back down off the top of the ichy then lower low

thepaulito Updated 

Next possible move for BTC. up toward 9k is a real possibility

thepaulito

this could play out on HTF,. this is a weekly chart

thepaulito Updated 

After todays 5m market buy the rise has halted around 8600 area,. whats next? well we could be here for a while in this range before a direction,. given the recent tether news its could be easy to assume everyone will dump tether into BTC pushing the price to ATH before the final massive dump, question is why haven't they already upon hearing of the finex suit?,...

thepaulito Updated 

I see sell indicators here,. only one bullish I can see , thats the descending channel on LTFs,. I say we go sub 8k this week,. 4h Chart.

thepaulito

after dump pt.2 a sideways with a little pump/ H&S then down toward 6800.

thepaulito

ITs the 3 boxes play again, then down to test the big support and buyzone

thepaulito

Following this pattern nicely now,.. down to the yellow line and a bounce.

thepaulito

box 3 is a repeat of boxes 1 & 2 back down to support now then a retest of resistance,. I think this will play out for a few days yet maybe longer,.. any close above 10400 for bull case below 9400 for bear watch the Williams % indicator for a good indication of oversold/bought.