LibertyCrypto

LibertyCrypto

RSI is very over sold. This trendline has been fairly respected for sometime. Going below would be surprising to me. As good a spot as any for me to add to my bags.

LibertyCrypto

Can't say I ever thought I would see structure like this on $DOGE, but here we are....

LibertyCrypto

This is pretty degenerate, but I'm going with it.

LibertyCrypto

Going by the historical log curve and what Bitcoin has always done following a 40%+ retracement from the previous high (which is to retrace an average of 82% in total), we are looking at a minimum of $5300, which is roughly 63% from the previous high of $13.9k. If $BTC decides to go the full Monty and repeat what it has done time and time again, I would eye $2400....

LibertyCrypto

My first TP at 9500 has come on gone. Now, in this pattern developing on the daily chart, price seems poised to be rejected and fall through this trend line. I expect 8300-8800 in this run down. Declining volume, inside an ascending wedge.....a breakdown is almost certainly imminent and at this stage, the bears are clearly in control.

LibertyCrypto

My previous play is panning out. My next target is 8800. I will be watching 9300, also. I will reevaluate the chart at these points to determine next trades.

LibertyCrypto

Many things over the last week have shifted my outlook over the direction of BTC in the short and medium term. Horribly low volume, no buying pressure, bearish closes on several key daily candles, weekly closed bearish and overbought for quite a long time on nearly every TF. $9450 is my target in the medium term. $5000 is not out of the question before a reset...

LibertyCrypto

Now is the time when institutional investors and professional traders are laddering buys in. This is where you want to buy. Retail investors will not start buying in until after we get 15-35% up from here. Pro's know it.

LibertyCrypto

I started calling this pattern very early on CT, but did not expect it to take as long as it has. Looking at the cross of the New Year for return to 6K+ imo. Then off to the races. I have been shorting since 6200 and started opening longs on 12/7

LibertyCrypto

Looking for middle bb close position for BTC on the daily chart. A close below would be a good indicator of further downward travel. A close above would be a good sign for the bulls.

LibertyCrypto

Possible breakout around 6:00pm est

LibertyCrypto

Volume to this point would suggest a breakout is imminent.