Kyle_Kinnaird

Kyle_Kinnaird

I believe we'll see a similar move as we did in February & end Nov. around $90,000

Kyle_Kinnaird

I'm feeling like we're nearing the end of this consolidation phase, we may move downward then sideways creating a Head & Shoulders then fall too .225. Or we may see a Uptrend play out heading towards .26 with a retest then make our way too .28. What are your thoughts?

Kyle_Kinnaird

I've had this Wedge mapped out with the Elliott's Wave for 2 weeks now. Should see a nice push through .30 followed by a retest then another spike too .40

Kyle_Kinnaird

I believe we may see a large pullback too .15 as we approach October. I analyze the S&P 500 chart from time to time & we have just hit the top resistance in the uptrend we've been in since Feb 10th. We may see a large pullback of about 30% which will also have an effect on Bitcoin, with that being said we all know that Bitcoin controls the Crypto Market so we...

Kyle_Kinnaird

We've crossed over a resistance & just may have turned it into a support level that could give us momentum to see $52k. If we are unsuccessful then we may fall back down below the middle trendline finishing up this Elliott's wave which would put us around $38k.

Kyle_Kinnaird

Do you think this Fib Retracement will play out, or will see see the second leg of a large pullback?

Kyle_Kinnaird

I've highlighted the Resistance lines in Yellow to make them more visible. We've got support at $37,300 which we could see either a sideways consolidation through the month or create a Head & Shoulders. Which would cause us to break the $37,300 support line & drop down to the previous low of $30,000 as we head into November. There is a chance to bounce off of...

Kyle_Kinnaird

Our most important support level is at .23, if we break this level we may fall too .20 followed by a consolidation phase. Or we could consolidate between .23 & .26 through the weekend. Slight possibility of a breakout moving into early Saturday morning. 🙌🏼

Kyle_Kinnaird

Going off my precious chart we are lined up for a breakout, but will it be a Sell-off or a Uptrend towards .30?

Kyle_Kinnaird

I placed arrows that are correlated with the RSI, Green represents the Oversold & Red represents the Overbought. Where we are now is at an Oversold zone, which I do believe we may see a Bullish reversal to test .30 through the weekend with a consolidation above .25 Or we could see a Sell-off & create a Double or Triple Bottom like we've seen plenty of times from...

Kyle_Kinnaird

We will see .24 as we head into the weekend but must watch to see if we break the .23 Support level, thennwe may be seeing a complete bearish reversal. If we are able too bounce off of .23 then retest & break through .24 getting into .25 then we'll be heading in the right direction.

Kyle_Kinnaird

We could consolidate between .24 - .27 as we approach the weekend which is a great sign moving forward. Or we could get a Bullish Reversal & make our way back into the wedge & continue on a Uptrend too .35 next week.

Kyle_Kinnaird

I highlighted a Blue Support zone that we could fall too nearing .28, then continue moving upwards. Or we could fall too .300 & use that momentum to uptrend out of this wedge pattern & on our way to .32

Kyle_Kinnaird

Stl continuing along the previous prediction, still a chance to consolidate through the middle of this Uptrend. May see .32 this weekend

Kyle_Kinnaird

It appears we have created another Uptrend, next we may continue to slide down towards the lower resistance which should shoot us back up towards .30+ moving into mid Friday. As we head into the weekend we'll need to re-asses the next pattern, which could be another healthy pullback towards the .305 support then another Bull run heading into next week.

Kyle_Kinnaird

Creating a nice Cup & Handle, maybe we'll see .35 by the weekend?

Kyle_Kinnaird

Here's a layout of paths we may see mo inv through today into tomorrow Sep. 2nd, as we near the 3rd I believe we could retest .30

Kyle_Kinnaird

The RSI Indicates we've created a Double Bottom which should get us up above .29 & may even test .30 heading through the night into Tuesday morning. I've labeled 2 potential patterns that may unfold moving through next week. We may pass .29 test .30 then fall below the support at .28 then continue downwards in this bearish trend. Or we could break through the...