...do something. With the latest shenanigans over at the SEC there could be plenty of room for trades on both sides. I will probably remain neutral and net-zero while enjoying some funding fee spikes here and there. Over the next few weeks we can reasonably expect to see one more big pullback to the hourly POC following the retail-buyer rush that the "Bitcoin ETF"...
May 11
A very basic and simple - yet very telling - monthly log chart with a superimposed S-curve alongside simple trendlines of support and resistance seems to indicate Bitcoin may be preparing to retrace to the $8,500 range before we see anymore blue skies. Stay alert, set your stops and make sure you're taking profits when you can! Don't forget to pay yourself!...
A very basic and simple - yet very telling - monthly log chart with a superimposed S-curve alongside simple trendlines of support and resistance seems to indicate Bitcoin may be preparing to retrace to the $3,500 range before we see anymore blue skies. Stay alert, set your stops and make sure you're taking profits when you can! Don't forget to pay yourself! Happy...
Excuse my Rainman-esque markups but I believe we're about to begin the downside of the overall Wyckoff distribution. Share your thoughts in the comments or drop a like if my chart annoys you and I'll have customer care get back with you.
BTC Repeating pattern identified - see chart. I've identified this perfectly correlating (mirrored) pattern that I believe to be a result of ,albeit lazy at best, algorithmic trading set to auto-pilot and left to be. My theories as to why are: A.Lack of liquidity from the buy-side B.Low supply of BTC being concealed by the ongoing USDT (Tether) ponzi scheme. I...
