The chart got just a bit messy. Lots of opportunities this month! I'll be trading the ranges and monitoring the 5 minute until fully positioning at whichever support level holds
Dashed line above is Bull trend within the Blue Box range (see related idea linked to this page). Dashed line below is Bears. If bulls lose $8,100, we could see a quick drop to $7,800 and a bounce back to $8k. $8,000-8,100 is the last support before a retest of lower levels. Bears might win this round before a monday/tuesday bounce back into $8,200...
My opinion - the Bulls and Bears split inside this support zone (blue box) between $7,700 - $8,400 until it hits the upside of the downward trading range (dashed lines). this is one of the most critical points for a breakup vs breakdown in a long time and will require a very close watch on 15/30/60 minute candlestick chart with one eye on the stock market. We...
We're in the midst of a widespread, macro scale rotation through asset classes and BTC is proving to be stubborn as it is hungry. This is a major test for the various resistance points, especially the recent $8,200 level. Confirmation of the $8200 level will likely lead to a retest of $10k before again retreating within the larger range since Summer.
Can someone help explain why DOGE has this weird 3% swing every half hour ish? It looks very controlled. Mining patterns? Alogos controlling it?
We're in the midst of a widespread, macro scale rotation through asset classes and BTC is proving to be stubborn as it is hungry. This is a major test for the various resistance points, especially the recent $8,200 level. Confirmation of the $8200 level will likely lead to a retest of $10k before again retreating within the larger range since Summer.
back in trend lines, previous highs might inspire a big jump but dependable 10-20% trading range. as BTC recovers, ETH might grab a brief overbought high in the $450-550 range
Doge is small enough to see huge growth and with big name DOGE supporters attracting a lot of press and now BTC showing support around $8,200, crypto will again attract newfound inflows of cash. additionally, DOGE has shown resistance to BTC drops and faster recovery. after recent volatility in crypto and this recent success of DOGE it is likely that cash will...
BTC looking bullish again. be ready to play the downtrending range since Summer high.should run further down to $6-7k before a chance to bounce much much higher above previous tops when support strengthens. continue legging in until 7k
Historic range levels TSLA first broke out in March of 2013. Explosive growth initially burdened the stock with high expectations and exponentially more critical coverage. an "odd" CEO with a cult like following plus a combative industry slowly catching up, all growing on popular culture thought markets known as social media, has led to a true headline based...