DaCryptologist

DaCryptologist

Horizontal and Diagonal daily resistance point. Double bottom formed on daily. Cortical juncture here to decide who is in control and has momentum. Bears vs Bulls 🤘 CRYPTOCAP:BTC #bitcoin

DaCryptologist

Looking at a few different time frames and seeing OBV bullish divergence. Looking for a move up to retest 99-100k resistance.

DaCryptologist

Eth needs to hold this level otherwise 2400 will be next. US markets Free fall tomorrow and things could get dicey. Best to wait to see how support holds and other markets open to determine how best to proceed.

DaCryptologist

Diagonal trending has triggered a bounce back 2 different times before this so we need bulls to hold this level. I’ve charted two paths from here depending on the daily close.

DaCryptologist

Another attempt to push above daily close around 106.2k failed. 104.8-105.5k LTF chop area to avoid. Looking likely to retest 102k and possibly bottom of range soon. CRYPTOCAP:BTC #bitcoin

DaCryptologist

Monthly view, log view: Currently sitting at the top of the parabolic curve. On average around 80% drawdown when hitting the top. Breakout from here, or 20k??

DaCryptologist

Currently at range low. 3 scenarios I see from here… 1. Hold the line at 101k area and bounce back to retest top of zone around 105k. 2. Break below, bounce at top of previous wedge top. 3. Free fall to 92k area. #bitcoin CRYPTOCAP:BTC

DaCryptologist

Looking at this diamond pattern forming on 1/4 hr TF, which may be signaling a reversal. Would look for a bounce at these levels in green. CRYPTOCAP:BTC #bitcoin

DaCryptologist

CRYPTOCAP:ETH #Ethereum still inside descending wedge. Key level to break is 3.5k. 4k TP if it closes above top of wedge and 3.5k level.

DaCryptologist

Breakout and retest of the top of descending wedge. Looking for daily close to hold strong above .786 (104.6k). Strong Volume has supported this breakout and is looking to push price up from here. TP 117k Invalidated if we close daily below top of wedge which aligns with key 100k level to hold. CRYPTOCAP:BTC #bitcoin

DaCryptologist

See notes on the chart. This is my bitcoin daily outlook. Looking bullish gents... Top 10 trading tips: 1. DO NOT FOMO into a trade. Let it come to you. Don’t force it. 2. Find a strategy that works for you and be consistent. Operate like a machine and less like the wind. 3. Let your winners run and cut your losers short. 4. You will not win every trade, but if...

DaCryptologist

Leaning towards a strong move from this level if OBV can stay above hz support. Building a solid support base in this range. A break above 89EMA (yellow line) will be significant. $btc #Bitcoin  —————————————————————————————— Top 10 trading tips: 1. DO NOT FOMO into a trade. Let it come to you. Don’t force it. 2. Find a strategy that works for you and be...

DaCryptologist

$BTC on the daily TF looks like it could be making some small moves towards a reversal. Here are the things to look for... 1. Currently RSI is showing bullish div, will it play out? 2. We will need to see a close above nPOC (orange line) to signal strength in a larger move. 3. I've mapped out some targets above the nPOC where we may see rejections. 4. Note...

DaCryptologist Updated 

Bitcoin fork breakdown on H1. Tagged lower nPOC and now in limbo attempting to push back to breakdown point. I've laid out a couple of paths from here but I am expecting a dip back down to lows. Fading relief rallies is the play until HTF market structure flips bullish. —————————————————————————————— Top 10 trading tips: 1. DO NOT FOMO into a trade. Let it come...

DaCryptologist

Weekly looks pretty cut and dry to me. Unless we can convincingly hold above 30k again SOON, this is the more likely outcome. Could drop harder and more drastic than squiggly line. Notice the gap in volume trading ranges with strongest base at 7-9k. $btc #bitcoin —————————————————————————————— Top 10 trading tips: 1. DO NOT FOMO into a trade. Let it come to...

DaCryptologist Updated 

$btc #bitcoin Personally I do not want to buy into resistance. This is where you should be selling after buying the dip. At 20MA and dg trendline that had held up for months. IMO, better to wait for daily close back above 40.5. Middle grey box is chop zone. Above that would allow for plays up to 44.5k Longer we stay below 40k, 35k is in...

DaCryptologist Updated 

This is a reminder to unfollow anyone that says we are still in a bull market.. The play has been to find opportunities to fade the bounces since January. We are now looking like we will sweep the low 30s soon. Can we recover from here? Sure, but not as probable as dip lower. Stock Market has put a lot of pressure on Bitcoin as well. Strong stock market could...

DaCryptologist Updated 

Still in daily channel and holding strong. Pay attention to OBV. It bounced at key horizontal Level and trending bullish leading price up. Weekly TF is also still in bullish upward channel (will post in comments below) LTF looks like it is breaking down from ascending wedge at POC with potential to drop back down to pump of today at around 40.6. (post in...