HOLY SHIT i JUST DISCOVERED SOMETHING ON 12H.
- This demand wave is the test of the shoulder line of a 12H H&S.
- We surpased a longer downtrend line and we're above the neckline.
- Phi 305, 144, 17 have been strong 12H support.
- We have support from all of these ^ in the strongest order.
- This shoulder and trend line test is off of a bounce from Phi EMA...
STEVE NISON: PULLBACK TO SWEET SPOT STRATEGY (PB&J)*
BUY BETWEEN SMMA 6 & EMA 30
OBSERVATION SHOWS THAT DEMAND BETWEEN THESE MOVING AVERAGES IS STRONG.
YOU CAN OBSERVE THIS IN THE FORM OF LOWER SHADOWS AND
BULLISH REVERSAL CANDLESTICK PATTERNS.
* ORIGINAL SMMA 10 MODIFIED TO MATCH MARKET...
BARS A & B ARE THE SAME LENGTH YET...
WITH 4X VOLUME, BAR B COULD NOT MAKE FURTHER DOWNWARD PROGRESS
NO LOWER SHADOWS AND REDUCED VOLUME SUGGEST A
LACK OF BUYING INTEREST ABOVE THIS SUPPORT LEVEL
LOSS OF BEARISH ENGULFING PATTERN SUPPORT...
SHOULD CAUSE PANIC SELLING...
MONEY FLOW ANALYSIS:
This is how Operators shape the market to look the same, so they can control everything at the same time.
- Candlestick, DeMark Sequential, and Volume analysis can indicate when they will distribute Bitcoin.
- Observing Ethereum price suppression can indicate Operators accumulating Altcoins.
TL; dr - The public is FOMO and won't sell until 10K. Once 10K hits "good news" will cause WORLD WIDE buying at the top. CNBC, CNN, MSNBC, the Twitter and YouTube, the TradingView gurus - will all tell you BUY BUY BUY!!! You can buy now and sell to the FOMO buyers between 10-13K or you can wait and buy the pullback at 5750. This analysis is based on Steve Nison &...
Take Profit: 9800
Everyone, I've identified a pattern which I strongly believe takes us to 9800 and then to 5850.
I created a Pitchfork on BLX based on 3 rare and unique MA 7/30/50 Golden/Dead Crosses.
According to this simple analysis, we are so close to the pitchfork median line, with MA 7>30>50, that we should be targeting the median line before...