007
Bitcoin BTC/USDT 2HBitcoin BTC/USDT 2H
low volume, currently bears have control and dictating the pace of the asset on most time frames.
rsi and Stoch rsi of 59.87 and 48.60 fairly neutral for now,
I see a retest of 19533, twice used as support,(double bottom). If respected, triple bottom could see some upside
to 20544 a previous resistance and then to 21839 if the bulls can regain control.
Bear case break support and test 18896.
SMERSH has obliterated market sentiment a bounce is possible We have green candles on volume.. many alts are 96-80% down from their ATH. See here: onchainfx.com
Bears got cocky as you could see on the LONGS VS SHORTS charts - Shorts went parabolic which is a good reverse indicator.
I will scale into additional small positions here for a bounce play.
ZRX didnt work out and i was stopped out; don't fear Bond never loses.
If the bounce doesn't hold I will again cut my starter positions and start re-targeting my ideal 5k Bounce Zone with more size.
I'm also avoiding shorts (don't short support) - We had 6 months to short guys if your doing it now you missed the Boat.
007
Q' s intelligence on the bogdanoff twin bear trendBitSeanConnery Diary Entry 01
A lot of noobs fomo bought the top in December and have used all their fiat ammo averaging down - following the advice of the 'parabolic expert' parabolic trav. I strongly suspect parabolic trav is a SMERSH agent.
Market sentiment is low, many people are bag holding but we still havent seen final capitulation.
We know the bogdanoff's will make the cell call to "DOMP IT" as soon as the herd thinks were bouncing. We're at a key level for a bounce so i have small positions just in case we do.. if not ill cut those positions and look to go in heavier for a bounce at the next support zone on ETH. At this point the market is likely to be in 'disbelief' and the cell call will be made to "POMP IT".
Happy hunting this is 007 singing off.