if so, we'll make a nice run to $46-$50 at which point we'll come up against strong resistance. welcome any thoughts.
H&S on 1hr chart. if we get a confirmation break below the neckline, we must accelerate to the downside. could this be the test of the bottom before a confirmed reversal trend? welcome any thoughts.
$36 price target...welcome any thoughts.
let's see how this plays out...
a ton of sell volume we have not seen before. no one knows if we're going higher or lower and cases can be made for both. put your arguments to the side and let your $$$$ talk.
50 EMA is acting as resistance and a close above it would signal strength in the rally. welcome any thoughts.
break above $6600 with volume could start a mini-bull run. welcome any thoughts.
A break above $55 would be very bullish. welcome any thoughts.
on the upside we need to break $210 with convincing volume. on the downside a break below $195 would be bearish. welcome any thoughts.
given the recent low vol and tight trading range i suspect we are due for a massive move...down or up is anybody's guess. imo, i think we are due for a pop for several reasons, including all high bearish sentiment, bullish divergence on RSI and pending news on Bakkt. welcome any thoughts.
let's see how this plays out...
we've been consolidating for 1.5 months and are approaching the apex. we should break soon and either run to $9500 or set a new low at $3500. welcome any thoughts.
1. Resistance at $150 which also coincides with 200EMA 2. Inverted H&S 3. Breakout of Falling Wedge all signs point to bullish momentum so i would wait for a confirmation break above $150 to go long. welcome any thoughts.
could see a pull back to 180s and then a break of the neckline at 200s for a run to 230s. watching closely. welcome any thoughts.
bullish divergence on RSI so leaning towards bull run to $6800. if we break down, look for a retest of $5800. welcome any thoughts.
prevailing trends suggests we breakdown but given how many times we are touched the upper trend line i'd like to think we might have a short term rally. welcome any thoughts.
each drop is less severe...is this a sign we are bottoming?
$150-$200 should be heavy accumulation zone. welcome any thoughts.