flockoo

flockoo

rising wedge, goodbye bulls

flockoo

have a long hedge running from 5850 on futures, scaled into short -6262 already will add to position if my asks here get hit. looking for small bounce (low vol, decreasing price typically minor bullish) and then have the sell volume pick up again. There arent a lot of shorts piled up (lots took profit/liquidated) so to make a serious move up we'd need to retap...

flockoo

In a crucial stage here for btc, 30m looks like it could be developing a textbook double top. Not much to add just would like to see if we get a neckline touch.

flockoo

want to play a knife catching opportunity here that could be a good liquidity move to trap bulls and take a serious leg down. pretty laid out, id want to start scaling when we clear ydays daily high of 6860-6870 while having the last entry be around the local high at 6930. it's a higher risk playing that void btwn 6.9-7.2 so a tight stop loss around 970 would be...

flockoo

Just comparing the fractual from last market cycle in the last post to this idea..dont FOMO into an alt appraoching or getting ready to test its ATL, waiting for uptrend confirmation can still bring home large returns

flockoo

Look at last market cycle and where we still have to go..not much longer

flockoo

2015 accumlation V 2018 possiblity

flockoo

Well after the fakeout on what looked like a promising bull run, we're back to the low support level reached since the 22nd. As noted once the channel broke it put the bears in the drivers seat once again combined with the tether news/fud today, the drop wasn't surprising. what's impressive so far looks to be the 9800 support hold, a sign that market news FUD is...

flockoo

another channel developing here, 11600 resistance break looks healthy id like to see more volume to maintain upward trend but for now 11600 will become localized support. another larger triangle is developing that if broken at the top could trigger a major bull run, while a break towards the bottom could bring the bears back. we should have a better idea in the...

flockoo

Looking at the 4h from yesterday, we broke out of the first triangle and are onto the next sets of resistance (looking at 11500+) to see if theres pullback on the upward trend. If it develops enough support at and breaks 11500, the bulls could be out looking for blood. Volume isnt very high or impressive, anther major key to watch going forward.

flockoo

After posting the original on 1D, zooming in for a short term look on the 4h there was a downtrend with low volume however the bounce off the low should look to provide a lower support level if the higher support is broken. one thing to look at going forward is a bullish btc causing an overall alt spike that'll send $VEN above the ATH and crush resistance. For now...

flockoo

Looking at last few days - higher lows combined with lower highs, bullish look is the drop from each progressive channel break has been lower and lower. Bearish is RSI on small steady decline despite consistently lower highs, short range is getting tighter and tighter next major move torward resistance or support levels will be key. looks like potential adam and...

flockoo

Potential resistance break in early feb, strong reversal on one day but volume looks weak right now to retest the previous high in near term, possible consolidation period before testing resistance further down road