crytobullmike

crytobullmike

Yellow fib drawn on the weekly time frame. This is the long time frame expected targets. White fib drawn on the daily time frame. This gives us guidance for the short term targets and possible rejection/volatile levels. Red boxes are drawn on the daily time frame where wicks are expected to fill during the next pump. Let me know what you think.

crytobullmike

Expecting ATOM to retest the 25 to 27 level when ATOM pumps. If volume and buy pressure comes in around 25/27 I’d expect a new ATH. Simple fib, support/resistance and trend lines that line up with the 25 to 27 dollar levels. What does everyone think?

crytobullmike

Fib is plotted from swing high to swing low on the daily time frame in yellow. The .236 fib lines up with the red box where the wicks need to be filled. Expecting and targeting these levels during the next pump on JASMY. Low risk, high reward set up. What do you guys think?

crytobullmike

Looking for the wicks to be filled during the next pump. Targeting 165 to 170. If the wicks get filled and price doesn’t continue to the upside, 165/170 would be a lower high on the weekly time frame. What does everyone think?

crytobullmike

Yellow fib plotted on the weekly time frame. White fib plotted on the daily time frame. Just some movement I’m expecting. Tell me what you guys think.

crytobullmike

How does everyone feel about this scenario playing out?

crytobullmike

Just something I feel that can happen. Especially if good ole BTC dumps. I don't feel the risk is worth shorting currently. Trend lines and counter trend lines have yet to be met as well. Leaning towards the bearish side. Focusing on BTC currently.

crytobullmike

Look for a test higher(If BTC tests higher). Pay attention to the 200 moving average. Not in any positions. Both longs and shorts seem risky at current levels. wait till the move higher comes in before you place shorts. Wait for retest of trend line to consider longs. Keep your TA simple. Leaning towards the downside as of now. After the move up first of course....

crytobullmike

Looks like we will be coming down to test the HUGE weekly trend line(dark bold black line). Which also conveniently the 200 moving average is located just below the huge trend line. Not currently in a position because market makers can easily pump us from current level. if trend line is met wait to long after we bounce odd the trend line then come back to...

crytobullmike

Lower highs, lower lows... If a break out(upside) is going to occur it looks like it will occur within this lovely month of February. If you've been around the crypto space for any amount of time you know what happens within this lower high/lower low patterns. Bitcoin crashes, 99% of the market follows. Second post. feel free to give me any feedback.

crytobullmike

First post. I feel one of these trend lines/ counter trend lines will be retested soon! Not currently looking too short.