UnknownUnicorn2934042

UnknownUnicorn2934042

After a nice 3% drop on a wick this morning followed by a quick bounce back, the savage nature of BTC Price Action is in full effect. Looking back to the lows of Decmeber, and the levels from the rally that followed for ideas of where this is headed. It would certainly fit with the Sadistic Price Action to run up towards $4k and above, only to smash down again...

UnknownUnicorn2934042

Playing these levels this morning with some decent scalps, prepping to catch the bigger move ahead. Price reacting with good ol' $3550 beautifully, would like to catch another long there, or lower, but for now I'm playing the bounces on these wicks.

UnknownUnicorn2934042

Watching how price reacts to levels in these two previous consolidation blocks, both of which ended with rapid upwards movement. Not ruling out a bearish retest of some of these higher price points followed by more downside and new lows, but things are looking pretty ready to pop with a bottomed out RSI after touching below $3550 yesterday. Small body candles...

UnknownUnicorn2934042 Updated 

Been watching this previous block for retests the past couple days, and successfully caught longs and flipped short, now without an open position, watching these light blue levels for new orders. Only the Crypto Gods know what's next, but I'm ready to capitalize either way.

UnknownUnicorn2934042

Chop city, but we are seeing some nice retests on the lows and some more bearish looking ones on the highs from this previous 4 hr block. Would love to see things fly up to $4500ish, getting all of CT bullish just before a massive rejection and dive to $2800-2600. I love the carnage

UnknownUnicorn2934042

Would love to see something like this play out on ETHUSD. I see a lot of folks calling for it to dump, and I would love to catch a long somewhere around $136, but will start scaling in at $144-141 in case it bounces sooner, if BTC goes up, we may not see much of a dip at all before ETHUSD goes up.

UnknownUnicorn2934042

Stopped out of a scalp long this morning and looking to possibly catch another. Pretty clean PA, looking to get in at the green levels, but keeping tight stops in case the floor gives out.

UnknownUnicorn2934042 Updated 

Looking at equalish highs at $3898/$3896 with some rather large upper wicks as possible short entry...holding out for $3944 or $4023 for now (though I may jump in sooner if things seem to be losing steam) .

UnknownUnicorn2934042

Just some levels I'm looking at, this monthly candle is closing in 6 hrs, we will see what the next one brings. Small bodies lead to big bodies.

UnknownUnicorn2934042

•Been watching the 99 EMA on various timeframes, interesting how it seems to be a pretty well respected line for either support or resistance, particularly on lower TFs. Caught a nice short yesterday at $3840 looking at the 99 EMA and PA together. •Also the RSI stuck below 50 is another indicator I’ve been keeping an eye on. I’m curious to see whether that RSI...

UnknownUnicorn2934042

With RSI hitting resistance right in the middle, expecting to see some lower retests in the near term. $3550, possibly lower before any bounce.

UnknownUnicorn2934042 Updated 

Expecting to see something like this over the next few days, as we continue to see bearish retests of former support now flipped to resistance. Shorts can be dangerous here, I'm focusing on catching longs on the levels on the way down. If I'm going to short at these levels, I want to catch the top wick or nothing.

UnknownUnicorn2934042

Some nice bullish movement on BTC this morning, looking to catch a wick to $3563 or $3630 for a short at some point, but may have to settle for the $3492 equal highs we see here and previously. Watching how the next few hours go before I change anything. Also looking for short term long entries at $3282(again) or $3250 if demand shows up again, could be for a...

UnknownUnicorn2934042

Some Bullish activity this morning, but in my opinion it's got an expiration incoming. That being said, catching a top or bottom wick on the ETHUSD pair would be even better than doing so on BTC. The extra factors of it's lower price as well as it's pairing with BTC makes the swings(and gains) that much bigger. Would love to see some of these higher levels get tapped.

UnknownUnicorn2934042

Looking at ETHUSD and if BTC plays out how I think it will, ETH will probably do something similar, with a wider swing. Looking for a bottom at $66 range, after some bamboozlement to trap liquidity of course, because: THIS IS CRYPTO

UnknownUnicorn2934042

Looking back to the climb up last year at our possible next range if things continue downward, which seems pretty likely at this point. If $3k can't hold, these levels down to $1810 are what should be on your radar.

UnknownUnicorn2934042

We are retesting this hourly block from last week IMO, the spike last night was nice, but I'm pretty far from bullish at the moment. Watching how the retests of these highs goes. I would not be at all surprised to see another stop run up to $3920 and then a rapid dump for new lows. The red line at $3550 is the make or break level if we get down there. Anything...

UnknownUnicorn2934042

We are currently in this current range of $3550-$4498, with more downside on the horizon looking increasingly likely. We have yet to see a violent reaction that would indicate a bottom or reversal, so looking back to lat Aug-Oct may shed some light as to where we may find that. $3k seems all but certain at this point, but as each support broken becomes...