tootyfrooty

tootyfrooty Updated 

Are we really here again? It's been a long time. We've once again halved. Large investors are in, banks in the US have the greenlight. The Pandemic, whilst accelerating in some parts of the world (Idiotic America, what a surprise), appears to be doing okay in other parts. It is far from over, but there is light beginning to show with positive news on vaccine...

tootyfrooty

We're entering another historic squeeze on the weekly timescale. Keep an eye out :)

tootyfrooty Updated 

I think this chart depicts what is on most active bitcoin traders minds currently, so lets see where price heads!

tootyfrooty

We haven't been this tight for a long time on the weekly scale. Very close to the median also.

tootyfrooty

;)

tootyfrooty

Published to look back... Just my current ideas. :)

tootyfrooty

Will we have that final huge capitulatory drop? Or will bulls get their fingers and wallets out there ass? I'll do more of a solid write up later, I'm pretty tired right now... ~ Tooty. (Twitter: @BTCTooty) EDIT. Gann box is off, I have posted the fixed version (starts one bar to the right) in the comments and the write up will follow it.

tootyfrooty

Bitcoin has taken a heavy beating this year, It has fallen from a peak of $1200 a year ago to a (so far) low of $275 on Bitstamp. Since then we have put in multiple higher highs, and higher lows. Can the bears retake the reigns or will the bulls chew through the coins ahead into a recovery. I have three price targets, The main ones are R2 and S2, Decembers...

tootyfrooty

Where are we headed? ERMAGERD! Drag price bar up so that the 1.618 touches the bubble peak. Formatting is messed up otherwise of the speed resistence arc.

tootyfrooty

Just a dream. Would be awesome. We'll see in 6 months! :D

tootyfrooty

Everything is in the chart. Imo the bulls and market is totally overextended right now. Volume has fallen off a cliff and people are weary to buy this high. 6hr bbands are flat and the 12hr is finally starting to pinch. Moves coming soon and that 41MA is beast resistance at the moment. Of course there is the possibility we just rock our way through resistance....

tootyfrooty

Target was hit last night and we're looking for a slight retrace. Check how the MAs have also worked in this case here - prntscr.com woops - title should be target C hit.

tootyfrooty

Many feel the market has been heavily suppressed over the past few months, and whilst I would agree, I think it is time for the bull to regain power. If only for a short while. We have many bullish divergences building on the higher time frames now. MACD divergences on the 3-day and 1-day, along with clear RSI divergences too. This would give us a lovely pop in...