mrlewischurches

mrlewischurches

Not going to go into full detail explaining my thinking just quick bullet points: * BTC drop anywhere between ~$43k and ~ GETTEX:36K is possible but $43k more likely * Sellers are now in control. Price was rejected at upper trend line and I believe it will fail to remain internal to the move from $53k. * This could be the final capitulation before we finish...

mrlewischurches

Weekly candle hasn't closed yet but it's seeming increasingly likely to be a bearish engulfing candle, indicating further downside. Target price is likely to be somewhere between $2500 and $2100 before we're bullish again. This would probably coincide with a $43k to $40k price in Bitcoin. This would set us up for a strong move upward before the end of the year...

mrlewischurches

Price volatility continuing to decrease as we approach an inflection point. Drop below $2 before final capitulation is entirely possible. This is a significant price zone, as last we touched this area the price of UNFI rocketed upwards of 1000% in a single day.

mrlewischurches

Price volatility continuing to decrease as we approach an inflection point. Maybe a ~50% drop in UNFI value against BTC until we hit the trend line.

mrlewischurches

Recent pullback likely nothing more than a shakeout before we moon. We have corrected to fib 0.618, 4hr Vegas Wave, and trend line, so there is a strong possibility we start moving back up from here.

mrlewischurches

UNFI has tested the lower trend line and upper trend line multiple times and the last two pivots have both held at the .786 fib retrace. Given the market bullish crypto market conditions (bitcoin bottoming at 17k and establishing a recent uptrend) and the geometry of the UNFI/USDT and UNFI/BTC pairs, I believe UNFI will pump before the end of the month and begin...

mrlewischurches

Pump to ~$3.45 before a drop to retest the low - $3.45 coincides with trend line and 0.61-0.65 fib Pump to break the macro downtrend after the retest.

mrlewischurches Updated 

The stars are aligning.

mrlewischurches

For the last couple of months ~$267 has proven to be a key level for BSV. The previous local tops in early April, mid-February, and early January all failed to close above that level and hold it. Over the last few days we've been increasingly pushing up against it but still, it fails to hold. To break and stay above it will require a High Volatility Funnel (HVF)...

mrlewischurches

Expecting BSV to fall between 0.618 and 0.65 fib levels as BTC does the same. I'd be a buyer between $203 and $207.

mrlewischurches Updated 

BSV volatility decreasing since this morning. Expecting a major swing to the upside by tomorrow morning.

mrlewischurches

BSV has been significantly underperforming most of the major alt coins and BTC for the last several months. High volatility funnel over the last couple of months and the geometry of the price action over the last year indicates to me that a major move up is imminent for BSV.