RiskitForABisquit

RiskitForABisquit

I believe this will play out leading up to the 2024 BTC halving on 4/30/24, with the Bull run kicking off after that event.

RiskitForABisquit Updated 

Parabolic curve in play, Potential to $7.50 on this Bull Market Run

RiskitForABisquit Updated 

The chart says it all. Just my technical observations. Not financial advice

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Breakout of current .18 resistance should lead to upper momentum to .27-.33 minimum. Consolidation over past few weeks is about complete.

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Just an observation

RiskitForABisquit Updated 

Charts are showing eerie similarities to a BTC Rally which had bulls in a frenzy back in 2018 upon testing of the 200dMA. As we can see from back testing, the 200dMA is a very accurate indicator of bullish vs bearish trends for BTC. Under the given circumstances, RSI is overbought and has printed what seems to be a hidden bearish divergence in the making as...

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Tread Lightly

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Keep it simple. We seem to be forming the right shoulder of a MASSIVE H&S, inside of a larger Descending Triangle. The neckline ironically happens to be falling at the .618 Fib Retrace. A breach of this floor will send us spiraling down to next strongest VPVR area for 2019 at roughly $5k. Time Will Tell.

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Failure to hold support here will be catastrophic for LTC. refer to sMA indicators for all bearish crosses

RiskitForABisquit Updated 

21/200 Death Cross likely to cause continuation of down side into Halving 2020. We always like to look left for effects of patterns. Last occurrence of this cross was during 2018 Bear Market initiation, which leads me to believe that we are no fully out of the bearish market yet. This run up since March was a bear market rally and we actually are still in...

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Indicators are showing drastic overbought conditions on 4hr as well as other time frames. Parabolic curve patters roughly playout after 4 steps before reversing to drastic lows. Idea in play atm. Honest observation, I hold no ETH position.

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NOT FINANCIAL ADVICE Bitcoin is currently forming a massive head and shoulders pattern on the daily chart with a clear cut neckline playing as support. Conformation of this pattern will break the 9.4k support and send us into the next closest area of support down in the 7-8k range. Ironically the 8.5k CME Gap is in that range... coincidence, I think not. Daily...

RiskitForABisquit Updated 

Dragonfly Doji candle patterns are known as trend reversal patterns at the tops and bottoms of major runs. BTC has printed several at critical levels on both the support 9k area and the 12k resistance. The next candle following this Doji will shed insight on the direction for BTC. being that its forming near the top of the resistance triangle its leads me to...

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Only looking from a broader view. Long Term Bullish on BTC but all scenarios must be considered. Referenced Source : school.stockcharts.com I apologize if post seems crammed, indicators can be minimized to increase visibility

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Eerie similarities

RiskitForABisquit Updated 

Litecoin is currently about to face a Death Cross of the 50/200sMA on the Daily Chart. The last time his cross occurred price action corrected up to 85% to the downside before a Golden Cross began to revive price action. If history is to rhyme we could see LTC in the $20-$25 range sooner than we think and with post halving selloffs this is a very likely...

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ADA is currently in a Falling Wedge pattern with potential to break to the upside with conviction if it does. the current .044-.048 range is proving to be support. Also analyzing the bigger picture we might be in a masisve IH&S formation with the right side of the neck forming as we speak. Along side the two bullish patterns stated, indicators are beginning to...