Tilly4Rilly

Tilly4Rilly

Previous bounce support and later bear resistance is now support for this bull trend at around 10k.

Tilly4Rilly

Rounding bottom on the 1h could push us through 8200 or reject to form a handle on the yellow support line within the 7600-8200 trading channel to then launch us through 8200 resistance.

Tilly4Rilly

took a 100% all in YOLO at x35 lol.... w/e its fun. I hate the phrase YOLO but its so damn true.

Tilly4Rilly

50 day about to cross 100 day on the weekly. Set shorts up by Sunday. Retest of 3k should be logical to assume.

Tilly4Rilly

The dotted lines are created by the support of each parabolic bull run, which also makes the tops of the next bull market. The reversal happens when the resistance line is broken (red), which seems to happen at the dotted support line (green arrow). If this pattern holds true, the next break will be around April 2020 (tentatively). As always, could happen sooner...

Tilly4Rilly

I beleive the crypto pump was a tribute pump for the ATH anniversary and will also dump just like it did last year. It is likely to either break 3k after new years (red vertical line) or form another descending triangle before breaking 3k like it did 6k.

Tilly4Rilly

Each green dash is a new higher low (long entry) and each red dash is a higher high (short entry). The orange dash is a lower high and that means consolidation or reversal. It broke out and shot up to test 4300 resistance. Now we are making a new lower high and if we break 3900 the short term holiday bull rally is over and we should go back down to retest 3k. It's...

Tilly4Rilly Updated 

Inverse head and shoulders may play out. I would expect to see some action before the end of the year (red vertical line) as tax season is a factor. We broke down from a descending triangle from 6k and another potential descending triangle may develop. In short, I am seeing if we bounce off 3500-3700 support for the shoulder, or if we keep setting lower highs...

Tilly4Rilly

till bearish overall IMO . This was most likely a tribute pump for BTCs 20k anniversary and I would expect us to dump more after new years. I believe the bottom for BTC is around 1.8-2.5k with a market cap around 70-80B before we stop making lower lows. We could play out an inverse head and shoulders , but it appears the bulls are out of steam.

Tilly4Rilly

lower high pattern still in bear market effect

Tilly4Rilly

Descending channels usually break to the upside, but keep in mind the bear market. We at a yearly bottom, so it may have a short rebound up or plunge to 3k. Either way, December 16th is when the channel breaks down into 3200.

Tilly4Rilly

Do or die.

Tilly4Rilly

Broke through a larger descending wedge and an internal descending wedge, in addition to breaking out of a pennant and bouncing off 3400 support for confirmation. MACD and RSI are in an upwards momentum. Short term to 3800 with a potential rejection back down for the bearish macro market.

Tilly4Rilly

This is just to share with a buddy to show the bearish trend.

Tilly4Rilly Updated 

i256.photobucket.com BTC MACD cross over showing a reverse in momentum. The prior lower highs did not do this. RSI on the weekly shows room to grow. Volume increasing.