NTEC

NTEC

Alternative short squeeze trigger. A continuation of my previous Small gains... chart.

NTEC Updated 

Orange trend line goes from the beginning of Bitcoin's history up to the previous low. When zoomed out, the only period that BTC has been below that line was the 2014/15 bear market. We'll attempt to break above it again several times before either we drop below the red support line or we have a big breakout to the upside. Obviously, my money is on a big break...

NTEC Updated 

We are at an incredibly significant crossroad in the history of Bitcoin. Where we go in the next few days to weeks will have long lasting implication for BTC and the Crypto market as a whole. A few missteps and we plunge into a multiyear bear market. Right now, the test rests on the solid orange line. Cross above it and we get to live another few weeks and...

NTEC

We'll drop right back down to the trend line holding us at around $6150 afterwards

NTEC

Targets at the fib lines.

NTEC Updated 

We're at a critical point in the charts. While it may look like it could go in either direction, the charts shown in part 1 and 2 have convinced me that we are going up into a new bull market.

NTEC

To the left, the bottom from the beginning of April, to the right an overlay of that pattern starting from the time that pattern ends until now. A fractal foretelling if you will.

NTEC

I believe that we've just completed a gigantic cup and handle formation. The 10% drop the last few days was the throwback which usually accompanies such patterns when they complete. This pattern is in line with a fractal formation which I'll describe in part 2 of 3.

NTEC Updated 

We broke out of a symmetrical triangle then were thrown back to hit the top of it, as typically happens after such a breakout, as long as the top of the triangle holds, we'll be making a push up to 6800/6900.

NTEC

Next target, enjoy!

NTEC Updated 

I'll be posting continuous updates of my trades as I place them, mainly for my future reference but also for anyone else who wants to follow along (and see me get rekt :p). Target for current 4-6hr window is ~6600.

NTEC

I've called it too early before, but for reals for reals, this time :)

NTEC Updated 

Please ignore my previous chart, kinda had an epiphany. Cup and handle to 10.5k. Handles are in circles (why a preceding handle? there always seems to be one - kinda like an IHS but smaller shoulders). Once we escape the CS, we'll be thrown back once we hit 7800ish or the dark red down sloping line (we're reading overbought and Williams R is indicating trend...

NTEC Updated 

The idea presents a way for Bitmex and Bitfinex to liquidate everybody prior to the start of the bull run. I imagine that the big drop will be something like what we saw a week or so ago when BTC hit 7100 for a split second then promptly crash landed leaving a long wick on almost all time frames. Initial target for the bounce from 6400 (possibly 6800) is 10.5k,...

NTEC Updated 

Wheeeeeeeeee

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You're welcome.

NTEC Updated 

Follow if it happens ;)

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Not that it will really matter. But if you believe that it's all baked into the chart (I keep going back and forth myself), then all signs point the the ETF not being approved.