yupyupyup

yupyupyup

Just updated the chart and looks like there's some confluence with trendlines and fib retracements that look to want to carve out a nice channel here. Buy in summer 2022 and bigly in summer 2024.

yupyupyup

It will lose it's main trendline since inception and that's not good! Will fall to long term support at 50 billion or so MC.

yupyupyup

Bulls will have to defend the neckline at 10k and then maybe bitcoin will be bullish. If that fails it's back to sub 1k.

yupyupyup

Yeah rejection off of long term RSI support line as well as the support line since 2009. We look to 3500 as first price bulls will try to hold - but seems to me it will break long term RSI trend line since 1974. That's the RSI trend line to watch as bulls defended it in March 2020.

yupyupyup

Found another bearish indicator on the chart....1.618 extension here off of the first peak. Looks hella bearish to me.

yupyupyup

Buy at circled areas for good R/R ratio on ETH. Rising wedge breakdown imminent with the bearish RSI divergence here.

yupyupyup

Buy at the circled areas.....long term support levels at the .618 and .786 log scale fib retracements.

yupyupyup

Looks bearish until April 2023....It may offer a decent long trade at that time. Or may break support as well depending....

yupyupyup

Go long 2024 at the .618 fib retracement of the RSI and along the parabolic curvature.

yupyupyup

Long in 2024....buy at long term RSI support level to be safe.

yupyupyup

Good company seems legit. Chart will prolly consolidate and pick up speed along that curvature.

yupyupyup

Yeah looks like an ending diagonal on bearish volume divergence and with a rejection off of long term RSI support line as shown. I'd recommend securing profits at these insane levels.

yupyupyup

There is no long term support line to draw if Bitcoin falls to below 30k. Let that sink in. Oh and TETHER has 2.9% cash reserves....

yupyupyup

Short it and buy at these levels. She's done and will take so many with her....

yupyupyup

Uber bear. Stay the f away from crypto or you'll lose your shirt.

yupyupyup

Look at that monthly candle....yikes. I'll buy in August/September 2022. Don't know what the FUD is going to be but I do know that Tether is a complete fraud and that probably Gensler intends on fixing it.

yupyupyup

Bulls are getting mighty, might nervous here. Too many folks think they have BTC figured out. That's a recipe for disaster and IMHO this has the highest probaility of playing out.

yupyupyup

I'm predicting a head and shoulders on the monthly RSI coinciding with the volume profile and the long term support STOCH trendline now being retested as RESISTANCE. The fud might very well crush Bitcoin going forward....we'll see.