pieisadope

pieisadope

So basically Asian whales pointed out an inv h/s is in progress. This is what I came up with as to where his neckline is most likely. You could use shorter time frames to have a bigger one but I prefer the daily as its a nice crisp neckline and the morphology is okay in my opinion. A dip to 8.2-8k is likely for a more complete right shoulder. I personally don't...

pieisadope

Is obviously the daily 200 EMA , it is a re-known support and resistance. The 200 Daily EMA is a good indicator of whether we are bullish or bearish. Now that we've been hovering below it for 3 days it really shows how strong of a resistance to hold us down for three straight days. This is the time where we either break for a run to 11.6k or we fail to break and...

pieisadope

Things look mighty fine for bitcoin right now and has entered the 4hr ichimoku cloud. Currently waiting to determine if it will be enough support for an edge 2 edge as it hasn't test the bottom. So if bitcoin keeps the uptrend a tk cross could shortly happen confirming the bullishness bitcoin has set here. A retrace is possible soon with the hidden bearish div on...

pieisadope

GRS is sticking to 5.5k as its hard preliminary support its safe to say 5.5k sats and lower is a must buy for grs. A recycling of the daily ema's will occur and I expect x3 to x4 when alt bullrun comes. *tread caution again because it all depends on btc to go up as well*

pieisadope Updated 

Well bitcoin broke out of the 4h descending wedge and seems to be forming a rising wedge or an ascending triangle lets see which resistance or support is broken first.

pieisadope

It hasn't broke the falling wedge, however it is hitting december 7th sat levels(lowest point) seems like a safe entry to make with a target of about 16k sats. Make sure to stoploss under the wedge if it breaks it. I think that its highly unlikely unless bitcoin shits the bed. *Note this call is only valid if bitcoin maintains an uptrend for alt growth*.

pieisadope

Bitcoin is likely to retest 11.6k again. Most of this is happening because of the recent bullish news. I think we will encounter some hurdles along the way but, I can't see it being a fake out after holding above 8k for so long. I personally bought in on the lower trend line and now am in decent profit with moving my bitcoin to some profitable alts. Bitcoin still...