BTC is consolidating in this range and well begin to trend down based off of the RSI and Overbought Conditions. Short It!!
BTC is about to test the support at $58750. Lets see what happens.. Looks a possible long opportunity is upon us..
With the Spinning White Top on the 30 minute candle. Watch the next Candle for where we're headed next.
With the Doji on the 1 hour. The next 1 hr candle calls the direction for the next 4-6 hours
If we get a sell on the 30 minute. Pound the short !!!
Tail on the 30 Minute candle. This Thing is screaming Short
That Dojo has officially opened the door for BTC to Dump. The next candle is Critical. If it's red which it most likely will be, this is going to dump to $25,800 easily by next week. First, Janet Yellen, President Joe Biden's nominee for treasury secretary, suggested during her confirmation hearing on Tuesday that lawmakers "curtail" the use of Bitcoin...
The tail on the candle means theres weakness. We're a week or less from a massive correction. "DUMPY". Short this soon
We're setting up for a massive dump..
Go Long here. The Dump earlier today was due to the BitMEx Fiasco and U.S. SDNY Federal inditement of the owners of that company. $15 Million in long positions were liquidated earlier today in that dump just on BITMEX alone. This is going to trend back up to the $10,900 range after it completes it's shake out. An absolute perfect set up for a long position. ...
The Narrowing Trading Range that we've been stuck in for the last 3 days has finally given way to the downside and a sell-off to last Friday's Low of $9,855 is now a possibility. The environment is Bearish and I would look to Short here from $10,175 down to $9900-$9855 before setting up a possible long position at that point.
Inverse Head & Shoulder Pattern Forming!! The “Inverse Head & Shoulders Pattern” is a candle chart formation that is one of the most reliable indicators which can signal that a downward trend is ending and a rally is setting up. On heavier buying volume Look for a strong pump north over the next 72 hours and a Possible Retest of last Friday’s low of...