Keep calm and overlay. New ATH next week. First time I've used this fractal tool. Seen it used a lot.
Overall trend is up with heavy ETF inflows. Volatility from leveraged trading gives opportunities for some well timed local top selling and local bottom buying. Look for Overbought and Oversold scenarios for entries and exits.
Consolidation, “boredom”, chop. Call it what you will. Ultimately setting a new floor price. Expect a move in the latter part of the year challenging ATH Disclaimer: Not financial advice, all opinions my own
Consolidation, “boredom”, chop. Call it what you will. Ultimately setting a new floor price. Expect a move in the latter part of the year challenging ATH
A unified formal resolution regarding the DAO hack is yet to be determined. Price maintaining a channel between 147 and 174. Long term holders can pick up in this channel or below. Floors recently tested but unable to convincingly break support at 147. I have been buying at 150 and below for a short to medium trade. Look for a possible final bear trap or stop...
Setting 300 to 350 Q1 BTC accumulation range. Bullish Q2, Q3 to challenge all time high.
Currently at previous consolidation level with a wide range. Neutral with no trade open after shorting from 380 but the most obvious move is short to retrace back to a lower support level from the breakout on November 25th.
Long on relatively good news (Gemini exchange). Taking into account the Bitfinex flash crash dump price, target 1 is 260 before next Silk Road auction on November 5th.
Recent DDOS attacks will have a slowing effect on the market. Consolidation and building of high value shorts playing off of Greece sentiment. 2 legs down maybe in dramatic fashion.
Low volume. Bots in buy mode. Possible rising positive momentum. Look for channel break out or just put in buys for possible Auction pump.
Downward break around settlement. Continued bleed out to trend line.