BlueMoonNAS
indecision on btc once again. I'm guessing we'll drop down to test support on the teal 25% or the Red 50%. if we bounce off those we could potentially go higher. if we violently go through Red 50% that would confirm ignition for the mech short at play. haven't confirmed C bottom of this move. have to wait and see.
need to hit yellow or purple 50% moves to have confidence we can keep going. if not, im seeing the red mech short setting up. currently triple topped 3 times.
Mech longs in a standstill and hoping to avoid the fall down through major orange support and ultimately hitting ignition on the red 50% for the mechanical short. Really need a push up and be able to hold those 25% lines to have confidence this can continue up.
still blasting off. expect a retrace down to the bounce level so we can keep the move going. if we end up moving through bounce zones and through 0 line expect to test some levels down below.
falling hard after that move up. hoping we bounce here soon otherwise we might be testing the move down the yellow fibs to 75% or 100%. would make sense because we didnt test those levels on the move up. hoping we can gain support before that and continue the move up.
D target hit on move down. also we created a major leg down setting up another short possibility if we hit ignition on the 50%. could also retrace up for a vwap touch on the short term or we can continue to dump lower to reach ignition. major support near 7200 but 125% extreme would push us down to the level we never tested on the way up near 7150.
22 hr chart on left. 3 day on right. losing momentum, divergence. price decreasing. boyz need to do something soon otherwise i'm seeing us heading down again.
D target had hit abc down. boyz bought it back up from 100% to form a support level. untested level is still a possibility from the move up. they could come down to retest otherwise we prbly move up to 50% ignition on mech long.
mech short still never hit 100%. leaves indecisions since we held on the .75 and are currently heading back up if we hold support. could have found bottom on .75. mechanical long still in play. waiting on ignition. strong resistance of that trend line as well on the way up.
nothin really to explain. chart say it all except we are still range bound until we break 5800 or get above 11.7
looks good on support for now but also could drop down to 50% to test support.
white lines are weekly levels, mech long, 22 hr chart squeezing. possible mongooose. purple lines long term trends. teal rising wedge. blue lines falling wedge.