PhilupMyBags

PhilupMyBags Updated 

BTC Thesis: Bear Trend is nearing 3 year range (1000+ day range)\ RSI After Quick Dump: In the Low 30s nearing 20s - Historically this is a hot spot for a quick pump Speed and Force of Dump: Anytime the market rips down 20-30% off an RSI not in the oversold range (70+) are typically liquidity events and not top signs BTC ETF: ETF was just started to be...

PhilupMyBags

nailed what i had put out yesterday i think we see a small sell off into that first green box and then we keep pushing higher to save the awful week we had last week.

PhilupMyBags

Looks like were gonna dump over the next few hours to the previous support range. If it doesnt and falls out i would exit the market for a few days, if it holds and continues upwards, and this descending wedge breaks i think we spend the next few days pumping.

PhilupMyBags

MCAP 1D Completely bullish sentiment for me on a lot of levels. This is the 4th time weve tried to crack 400 billion and i think this time its going to break. Weve approached it with an odd amount of volume looks almost fake to me. Regardless after the hot streak last week the rsi had to cool off and actually gave us a really sweet bullish divergence. I think once...

PhilupMyBags

On the daily we can see the breakout of all time high was rejected. It has begun working its way back into the wedge for one more retest. Something ive noticed is as this coin has gone up in its history the average rate of its RSI has gone down. Bullish packing my bags on this one.

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In this ALGO/BTC chart we can see a descending wedge forming and almost completeing. With this hour close if we close outside the wedge we could ALGO take a nice quick pop. In a few of the last patterns we can see on the same low time frame this isnt the first time algo has done this. It runs down and pumps up quite a bit. I think well take a bet it does the same...

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BTC : USD 1D COINBASE In this pattern we see a descending wedge forming. "The Falling Wedge is a bullish pattern that begins wide at the top and contracts as prices move lower. This price action forms a cone that slopes down as the reaction highs and reaction lows converge. In contrast to symmetrical triangles, which have no definitive slope and no bias, falling...

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In this chart ive noticed what seems like a fractal that were forming on bitcoin. We push local top struggle to break it and then range near the top, quick sell off and begin trending back upwards. I think were seeing that again here. I think we range for a few days on this 76-77 support and then begin pumping back up towards 8-8500 next week. Red lines are key...

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C&H Forming on large term time frames for the #LINK/$BTC Pair. If it breaks the 15000 sat range and holds or retests, id fully expect to see 22000 sat very soon. Cup and Handle patterns are usually only successful if they're a confirmed pattern. Until price breaks that ATH at 15k Sats and continues pushing up would i expect the price to go up. If we fail to...

PhilupMyBags

Ascending triangle forming on smaller time frames. Good volume in the past few days. Will look for this one to move to a blow off of 2200 sats. Lets see how she does.

PhilupMyBags

In this analysis ill be discussing the possibilities of a bull run trigger. I began contemplating why we would ever break 6K in the first touch and i think i have found my answer. In the past, the only thing i can place that starts a bull-run is attacking the major use case of bitcoin right now. As much as i sound like a boomer "bitcoin is used only for drugs" i...

PhilupMyBags

Testing the neckline on the daily forming a common bottom pattern, im bidding long here.

PhilupMyBags

Adam and Eve Double Bottom possibly forming on the 3D time frame. It needs to close above the black line to confirm the bottom/trend reversal.

PhilupMyBags

On some smaller time frames bitcoin looks to be forming a bull flag. The 4 hour looks like its going to push the local range top of 3800. We've dumped on low volume even after the ETF withdraw. If bitcoin stays steady and continues pushing upwards, it will look really strong. Until then bitcoin is still in a downtrend.

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This chart is gaining relatively quite a bit of bullishness for me. As you can see weve broken out of that triangle to the bullish side. Currently we are forming a bullish pennant on the 2 hour time frame as well. Historically since the bear market began. Whenever the 30 has crossed or went to cross the 99 ema its been rejected and we have dumped. Ill be keeping...

PhilupMyBags

This will be interesting to see, the market cap is dropping into to some massive support ranges from last year. These ranges in my opinion will be were we range for the next few months. The range highlighted is the most supported range on the weekly for a while. If it breaks below this range, alot of coins will go to zero and the weeding out will begin. That is...

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IDEA: So BTC has been getting torched for almost the entire year now, with supports being blasted through and a drop to nearly 3600 the market is started to get exhausted in my opinion. I'm seeing a lot of sentiment of bitcoin going to 1200 and 1000 but i really dont see that happening. I think this past drop was a fake out and here's why. We've formed a massive...

PhilupMyBags

Alright so this is my first Stock market trade. Im going to go long on NVDA despite the recently news of bitcoin and bitcoin being under $6000. Currently it costs around 6k to mine a full bitcoin so mining farms are losing money. Which means NVDA and AMD got the smack down last week. I love trading FUD and i traded TSLA from 250 to 375 when Elon was smoking the...