BlueMoonNAS

BlueMoonNAS

only time will tell. bears are not messing around though.

BlueMoonNAS

Just a quick chart showing the ranges. looking like a possible retest of 7700 could happen. we shall see.

BlueMoonNAS

1.272 to the .618 played out in the purple lines with us double topping at 11.7k. same setup this time. will we retrace to 7k or 6900 and then try to break 7800 or will will double top at 7700 and then drop again.

BlueMoonNAS

possible rejection off the .75 purple fib. if we can't break it I like where the 1.0 lines up with the low that took us to the high.

BlueMoonNAS

chart looks good for now. nice that we found support on the yellow .5. hoping this move can continue if btc manages to stay up.

BlueMoonNAS

green box again. see how this plays out.

BlueMoonNAS

green box is buy in zone.

BlueMoonNAS

we broke out of our corrective leg. looking for a retrace to 7100. might not go that far though. looking for longs short to mid term.

BlueMoonNAS

Bearish for now. still in a daily short squeeze. corrective wave wasn't large enough to make me think we're going up more. if we find support on teal .75 or .50 they could try to push it up. fall to .25 and i think we'll keep falling down.

BlueMoonNAS

looking to buy in this area or next green box below. if this plays out we could make it to our 1.0 teal target.

BlueMoonNAS

we finished our leg down on that last move. expect a possible pop up. still heavy bearish pressure. lucky if we return to 6450ish area. This wasn't as big of an impulsive move up as i'd like to see so we could just be in a correction for another leg down.

BlueMoonNAS

long story short the boys hit the target. couldn't find support and now we dump. Either we get back above 6500 to find support otherwise look out below.

BlueMoonNAS

still stuck in a range. if we can break above 6900 and find support we may have a chance to continue up. currently bears are still protecting the 6900 area.

BlueMoonNAS

We'll see how she play outs. definitely not liking how momentum has been slowing down to this point.

BlueMoonNAS

Hoping we can continue this move up to orange D target. might have been a pause to load up shorts to continue move down to yellow D target. Blue lines are the ranges we have been stuck in.

BlueMoonNAS

1.0 target hit. I'm guessing we may see a push up to the .25 fibs at least.

BlueMoonNAS

hadn't done an XBT chart in a while. possible bounce zones if we get that far. really gonna be in trouble if we break that yellow 1.0 support.

BlueMoonNAS

testing lower levels of support. if we break below white support lines expect 1.0 purple line to be hit.