W3rN0tAl0n3

W3rN0tAl0n3

I expect a reversal around 7500 after one more attempt to push down, but if that fails 7k should be the bottom for now- obviously 6k is significant as well but I don't think we see that again I'm afraid.

W3rN0tAl0n3

This SHOULD be short-lived....but then again.

W3rN0tAl0n3 Updated 

ZEC looks to be gearing up for a 5th wave up past or at least to 100- driving this too may be a hard-fork in mid-July for a new Y-Cash token that will be airdropped to Zcash holders as Ycash will still be benefiting from Zcash's future upgrades and developments so it is a "friendly" hard-fork and won't be contentious like B-Cash, ;-). I expect this baby yo PUMP...

W3rN0tAl0n3

Looking for a breakdown.....or up. ;-)

W3rN0tAl0n3

Bulls are running out of steam.

W3rN0tAl0n3

just throwing it out there for possibilities.

W3rN0tAl0n3 Updated 

I'll admit that there are ways to still draw this as contained in a rising channel, however going by just these trend lines, which do exist, we did break formation finally. Can it suck right back up in there today? YES. Can it also make another drop as expected? YES, although indicators do seem to indicate it wants to try to return to a previous higher level...

W3rN0tAl0n3

Here is an example of how the market reacts to an overextended TD sequential- example on right shows most recent dump on the 12 hour shortly after reaching extended 15 count....the image on the left shows the weekly chart which has not had it's "dump" yet and is on extended 16 count. Just a heads up...it is coming guys, it's inevitable. Will it go right back up...

W3rN0tAl0n3

For those who don't know what they are looking at....this has NEVER occurred before in BTC's entire history, not even in 2017 at all, and at 20k, when we were in a similar, but not as bad situation, we reversed to 6k shortly thereafter. Forget the Aggressive 13....this thing is going on extended 17!!! Too risky for my blood- and if you think a stop loss will save...

W3rN0tAl0n3

Well, damn.

W3rN0tAl0n3

This could/should be our ABC correction- looks like we could be making the B wave now.

W3rN0tAl0n3

Have to watch how BTC plays this pattern out, obviously a break upwards negates the bearish projection but watch the $8360 level (Bitstamp) as a resistance has been formed from the previous chart pattern BTC just dropped out of.

W3rN0tAl0n3

Nice formation- follow through?

W3rN0tAl0n3

1. TD Sequential on the weekly is now more over-extended then I have ever seen with BTC 2. NVT signal is higher than I have ever seen with BTC and EVERY time it has reached near this level previously we saw a 20-30% correction soon to follow 3. RSI is overbought on weekly and Major bearish divergences on the lower time frames (4, 6 hour) I posted yesterday about...

W3rN0tAl0n3

We are literally screaming to make a historical correction- and I will NOT be caught in dat shit!m Good luck to all those long right now- Longs now outnumber shorts by a WIDE margin.....

W3rN0tAl0n3

Looks promising- watching

W3rN0tAl0n3

Although a descending triangle pattern, price action has moved outside the triangle now and has retested that trendline- waiting for break up although volume isn't following through just yet

W3rN0tAl0n3

Falling Wedge breakout last night- preparing for upswing- indicators suggest a few hours before up move most likely