hiftikha

hiftikha

Looks like a real local top is in, each local high that BTC made was lower than the previous - which makes for a bearish case.

hiftikha

As predicted, the rejection is heading btc lower. Narrowing wedge is making things interesting, price action should be fun to watch in the coming hours

hiftikha Updated 

A breach through would be super bullish and a retrace should retest 47k and maybe even lower.

hiftikha

I think the local top of 50k this morning was a peak and this is a good opportunity to go short on BTC, will reassess once it tests 100MA or fails to do so and makes a new local high

hiftikha

As predicted, a sell around the new ATH would have been ideal for those of you who didn’t, and a hi5 to those of you who did! Kudos! 1hr timeframe still shows room for a support retest, although 30min and smaller timeframes look promising here for a buying opportunity. I’d be more comfortable when the 1hr timeframe shows a signal. Note: BTC capitulation is also...

hiftikha

SQ should see copious bullish uptrend here onwards, as every time it breaches 20EMA up-trending - it proves to be a good buying opportunity. Plus previous local resistance of 246.50 has now turned support (will confirm upon a retest)

hiftikha

As we has speculated, a new high is in the cards and I’m predicting we see a retest of the 100MA or a pullback here. Previous high of 0.00074 may be a support, and will shed more light on the future trend.

hiftikha

As predicted earlier, the 100MA proved to be a great buying opportunity to hop on the train to potentially retest and make new ATH. Volatility can be a concern but as long as bitcoin capitulation doesn’t take place, bullish trend is likely to continue.

hiftikha

As postulated earlier, DOTBTC was held on the support of 100MA and is now at the levels of previous local high 0.00072. Whether or not this level is acting as a resistance will decide if we can retest ATH and look to extend further beyond.

hiftikha

As speculated earlier, looks like there is a solid support line as this bounce suggests. I postulate a buying opportunity and riding the wave to test ATH.

hiftikha

We had speculated that ETSY will present a solid buying opportunity, and it did on a dip down to $190 right before earnings and blew it out of the park. ATH today! Should continue bullish trend unless there's broader market capitulation.

hiftikha

DOTBTC is once again testing the 100MA, which has proven to be a strong support this trend up. If support holds, we should test ATH again. Would recommend waiting for a green candle to close above the 100MA before adding, and trimming position if support does not hold.

hiftikha

In a strong trend 100MA is acting as a support, price bounces relatively quick on every test of the 100MA

hiftikha

0.00072 was the the local high that acted as resistance earlier, and now is a pretty good support. Bouncing off support into potential territory to test ATH again if bitcoin capitulation doesn't occur.

hiftikha

Looking to play the bounce into potentially another ATH test.

hiftikha

Looks like a test of ATH made a new intraday high but was unable to close a candle on the 1hr and 4hr timeframes above the previous ATH price-line. Should continue to trend upwards with a short term support bolstering it ahead, will cover once breach occurs and look for another entry later.

hiftikha

We previously suspected DOTBTC will look to test ATH once again, looks like it has broken ATH and will continue to run!

hiftikha Updated 

A trend-line supported by 100 EMA is somewhat reliable to judge the upcoming trend. DOTBTC is having another try at taking out the ATH of 0.000755, should volume increase and bolster the movement, we can expect a local support of the same previous resistance. Another test to the 100 EMA may present a buying opportunity.