Well the holiday season is coming up. For a lot of us that means varying degrees of questioning on how "that fake internet money stuff" is going. Luckily for me no one in my family has gotten rekt from listening to my advice given last year, so I can hold my head high during dinner (My uncle even started shorting in February - pretty sure he's happy). ...
The Honey Badger don't care. The Honey Badger is the most fearless animal in the kingdom. Bears, Bulls step aside. The Honey Badger is coming. What does it mean to call ES a honey badger? When the tool displays indifference or disregard for others' opinions. Look, a House of Bees. You think the Honey Badger Cares? He doesn't give a shit.
Stocks are flirting with ATH's in a complete departure from a reality where unemployment is right around where it was in the great depression. Praise be to the Fed and their magic papers. The Kovach OBV is confirming the bull trend. We are seeing some red triangles in the Kovach Reversals indicator, confirming resistance, however. The fact that the S&P should...
Following an impressive run to the upside following the March COVID-19 liquidity crisis, the lovable honeybadger appears eager for more. On the chart today you'll notice a few items: 1: An ascending triangle forming on the daily. Typically, ascending triangles are viewed as a continuation pattern. 2: A steadily rising RSI. RSI between 50-70 is a bullish...
Just some lines on a chart.... ABCD + Falling Wedge + Supports.
This next drop should find significant support at the fib + previous resistance, now turned support, level. Depending on the strength of this bounce, we could see a run up to 10K... or just a big dead cat bounce down to $3.50... o.o....
Thinking about trianlges This one has broken downwards. Target will be around £4500 not quite the low of February. But edging closer. Buy the dips gang!
Keeping the chart simple - Looking at vital support for Bitcoin We have tapped the 50 ma on the Weekly chart once before. Will it support the price or are we heading down to retest $5800 low of February? Satoshi for your thoughts?
We get a Death cross on the daily (finally on coinbase chart) some other charts this has come up already! nail in the coffin for bitcoin? (i doubt it, btc is harder than a honey badger) the whales who didnt buy in last feb are fomoing at the bit, so i feel we wont go lower than $4k MAX but never say never with bitcoin, for sure will double bottom here and...
Honey Badger's got no chill. All there is to it. That being said, this is a total moonboy chart.
just look at this i dont know whether to buy this dip or just stare at it!!!!
Looking at the bigger picture, we are in for a sell-off on a good volume, which in my opinion, will be a necessary move for a healthier and a big move upwards. Bitcoin bulls are definitely not done yet. We surely have more rocket-fuel left :) We need to let them breathe for a while. We need to shake em bankers out!
Butters has a bit of a wyc*koff* at the moment and so is feeling a bit down. but I'm sure he'll perk up, either into a consolidation triangle with AllTimeHigh as resistance, or more likely the PBOC has given us the 'Bitfinex moment' of this cycle and we'll have a chance to BTFD around 5200 (butters likes to revisit previous ATH's and lower trendlines out of...
decision time soon™ prepare for some price action i.imgur.com
Providing the recent (5mins ago) $547 price was a top.. (and I have no idea if it is.. I'm just postulating that it is for the sake of this chart...)... and the bull train doesn't keep on going... I would expect to see something of this... But this is bitcoin.. so who knows.. honeybadger no care for TA when in bullmode.