Ivanbole71

Ivanbole71

This is my approach after today´s $TLRY sell off or should I say, tsunami? I projected a possible long term trendline from before the "pump" and it took me to... about current price. I also see a possible channel following "more or less" such trend, and it takes me to exactly the current place, in a $31-37 "ish" zone. Presently clueless as to where it is headed,...

Ivanbole71

Here´s #bitcoin pushing upwards once more. Let´s not rush but #bitcoin´s EMA Crossings look "goldish". Take a close look at the two recent EMA crossings, the first one down, this one up making it spike towards ATH. February was consolidation and a healthy break it seems.

Ivanbole71

So this time we are taking a short term approach to follow up bitcoin´s trend more closely, keepin the 15 minute period. It clearly shows that MA (200) served as support. My projected support at around 45,5k was surpassed by the short term negative trend. MA downward crossings were also clear. DMI shows the strength of a negative trend now relaxing a bit. Also...

Ivanbole71

After yesterday´s rally, ATHs (more than one) and the general euphoria, #bitcoin is into a correction, will it be back into the prior Fibo chart which made sense in the first movement (the TESLA-BOUGHT-1.5BILLION one, yes...). If so, it will drop below 44,900. Or will it be support? We´ll know pretty soon. Perhaps...as I post this.

Ivanbole71

It seems obvious that there is no point in trying to explain what happenned in terms of price movement. Time to observe and re draw. Interesting enough, TESLA´s purchase of 1.5 billion btc and its upcoming decision to accept it as method of payment did this. Fundamentals.

Ivanbole71

Yes, bitcoin is back! After testing 38,000 it finally broke the resistance and went past 39,000. This price now exceeds that reached when Elon Musk edited his TW profile to include "bitcoin". We are all eyes, eager to see it build up a renewed up trend to test 40k. As our prior FIBO (stil shown) has been superseded by this price movement, we will redraw and get...

Ivanbole71

Been following BTC since it dropped abruptly from the 41k peak. Saw it build a quite stable sideways channel, spike (with Elon`s tweet?) back to 38, 39ish zone, since then behaving in a more "civilized manner" (is there such a thing for BTC?) consolidating and gradually leaving the channel in order to regain the long term upward trend. First target in that voyage?...

Ivanbole71

Following up on how bitcoin behaves after leaving the short term side channel we see it facing either 36,229 downwards if weakness prevails, or... else back to 38k baby!

Ivanbole71

Here we can see how bitcoin struggles to leave the lateral channel. Second attempt after the friday tweet. Let´s follow closely.