BlueMoonNAS

BlueMoonNAS

really need to hold this level or we will retest some lows.

BlueMoonNAS

Ouch.

BlueMoonNAS

This was only done on a one hour chart so a lot of other factors at play on larger time frames. still looking bearish overall at this point though unless we get above that B point.

BlueMoonNAS

chart say it all. doesn't make me feel any better that the 1.0 targets are that close. lets hope the bulls can break above.

BlueMoonNAS

looking to hold support here and continue up. all depends on btc.

BlueMoonNAS

look for a continued move up if we can hold above where we are at.

BlueMoonNAS

hopefully we are accumulating in our current zone for a move up. if not, chart shows what we should be looking for.

BlueMoonNAS

ONT still on a mission to profit area. would not be surprised to see a pullback though not that we have hit above yellow 50%

BlueMoonNAS

Both mech shorts played out. if that move is exhausted since we hit the 1.0 twice we should see a pop back up. problem is if we don't get to the box and hold support we might be in an larger ABC pattern heading down.

BlueMoonNAS

need a pump to stay above support to try and retest the level we lost. overall long term mech short will probably play out unless we can break above the 1.0 and 0 line.

BlueMoonNAS

nothing much to see. staying above the short 1.0 target for now. if support fails expect a move down to the target otherwise we can reverse and try to gain what we lost on the chart.

BlueMoonNAS

looking for entry in the box if the mech short in yellow plays out.

BlueMoonNAS

just a thing. bearish scenario.

BlueMoonNAS

Haven't been able to gain momentum for days. Mech short set up has us getting close to trend line and possible bounce off support at orange line.

BlueMoonNAS

Chart says it all, If we don't bounce off those orange lines or red 50% we will probably continue to go lower. I don't think we would ever hit the red 100% line but wouldnt be surprised if they came down the the red 75% to check support.

BlueMoonNAS

Mech short still going strong. this is in a larger Mech short as well on larger time frames. possible bounce from 75% but all upward momentum has been lost on this one.

BlueMoonNAS

bounce in the zone, continue up. drop to last line of support. risky business.

BlueMoonNAS

failed support on our old mechanical long. expect us to bounce off this zone to red 25% or we can go lower if purple suggested C is top of that move then we continue down to test lower levels of support.