Pumpelstiltskin

Pumpelstiltskin

As you can see on the chart, LTC has been hovering around the bottom bollinger band and has held up pretty well compared to others in this most recent correction…If Bitcoin stabilizes I think it’s time for LTC to move up and start it’s bull run. Let me know what you think in the comments below. Not financial advice. DYOR

Pumpelstiltskin

Watching overall volume decline even though the Bitcoin price has increased off the $38k recent low. I’m wondering if this is sign of trend exhaustion, let me know your thoughts in the comments below! Not financial advice.

Pumpelstiltskin

Microsoft has been ripping lately, but as you can see price is way outside the upper bollinger band, wouldn’t be surprised to see a retest of the breakout next week. Not financial advice.

Pumpelstiltskin

Looking at the fib levels for this last pump there’s confluence at the golden pocket and former resistance now turned support => 20,700ish Let me know if you agree or have other ideas! Not financial advice.

Pumpelstiltskin

Looks to me like we are in a price consolidation phase, where we could break up or down... But while others are calling 10k it looks like BTC just bounced off the bottom of the channel. Keep an eye out for bitty holding the 200 MA on the daily as a key level. Let me know your thoughts below not financial advice!

Pumpelstiltskin

Looks like BTC is in a descending channel, a break above would be great for price action... There also is some decent support all the way down around the 56k level. Let me know what you think in the comments! Not financial advice, do you own research!

Pumpelstiltskin

There is a bearish diverage on the bitcoin 1 hour chart, are we heading to 38.8k next???

Pumpelstiltskin

Using the speed fan resistance indicator it appears bitty bounced off the bottom fib level. Time will tell if we pump from here. Put your thoughts in the comments!

Pumpelstiltskin

A potential ascending channel forming on the bitcoin daily and 4 hour chart. If this plays out we could see price action head to the top trend line in the mid to low 40k range. Let me know what you think in the comments!

Pumpelstiltskin

The last time this happened it preceded a price decrease...coincidence or are we headed down? Put your thoughts in the comments!

Pumpelstiltskin

ETH just flashed the blood diamond on the 30 min chart. Waiting for conmfirmation on the 1hour...

Pumpelstiltskin

Check out the Bitcoin volume (Yellow Rectangles) compared to the last several pumps... This break above 40k is one of smaller ones in terms of volume.... What do you think?

Pumpelstiltskin

Bitcoin is blood diamond just flashed on the 1 hour chart (a couple candles ago)... Last time this happened the price went to the low 30s.. could we be setting up for another test of 33k? Let me know what you think in the comments!

Pumpelstiltskin

The now infamous wedge is acting as bottom support and top resistance. Take a look at all the tests of the trend line. Current level to watch is around 36.4k.

Pumpelstiltskin

Bitcoin appears to be back inside the wedge with a resistance line above... target around 38k. Looking left there are several tests of this level within the wedge.