dasBoot

dasBoot

COINBASE:BTCUSD A Daily View BTC has been moving upwards, previously when in the 40k range we have had sellers enter the market, Back on feb 8th we had a bullish candle push above resistance which was a result of Elon Musk tweeting about a large BTC ( - Doge Bowl ) buy causing speculation and Volume to drive the price up. We have the weekend ahead of us...

dasBoot

We are back inside a wedge , the upside will be a hard resistance to break, look for shorts at the top, Scalp the fibs, IF we break through the bottom we can move down to the .618 potentially rebounding off that and back into the pattern .

dasBoot

we got above the 200 ema , and went back through it , we seemed to have found support on the 0.5 ( yearly ), if that breaks , the weekly .382 our previous low could be support, we may be able to move up if we can get past 38100. ~40k is a major Supply Level, where selling pressure continues to keep us from moving to the upside, the quick pump to those...

dasBoot

WE have probably seen the top for the current moment , prices may fall and we will continue to trade inside the wedge , potentially for immediate future until we can backtest 36k , I believe a backtest to 34 - 36k is going to take place before our next move back into bull market conditions where we will finish off the Bull run at the top , potentially around 120k...

dasBoot Updated 

We have broken the 0.382 but climbed back above in the last 2 4Hr Candles, currently if we continue to move towards the support at 0.382 (~37750) another test and we may drop back to the 0.5 around 36k, bringing us into the Golden zone where we have our CME gap from our move up out of the low 30's and back into the low 40's and high 30's where we have remained...

dasBoot

We are in a very clear range testing 40.4k and finding support at 39.4k, candle wicks indicate that we have a clear demand zone at 39500 to 39200 and supply at the 40.2 up to the resistance found at 40.4k

dasBoot

We are testing the downward trendline. We have Bullish Divergence showing in the RSI , if we can break the trend and retest we have a potential move up to the current 20 MA in the weekly Here we are Currently testing the trendline , will we break above ?

dasBoot

There are Gaps in the CME BTC Future chart that historically get filled up, We have gaps around 22.9k and 29 to 31 might be a range we are doomed to spend time in with low volume trading. Gaps also on the daily Down around 18.6k and 20.9k

dasBoot

COINBASE:BTCUSD is quickly converging on its downward trend and support. If it breaks support then the play will be to short BTC until it finds a new support at 11000 if it can break resistance then we go long to 16500 .

dasBoot

with upcoming COINBASE:BTCUSD segwit fork looking more like a gong show both sellers and buyers have either pulled out choosing to park funds in alts or tether. en.wikipedia.org Bitcoins been forking around.... Seems almost exactly like the caseless ICO , all hype and pump..... any developer can fork off a block and create a new bitcoin Expect to see...