BallaJi

BITCOIN is still BULLISH. Because we are Embedded.

Long
BallaJi Updated   
CRYPTO:BTCUSD   Bitcoin
I see people trying to short this market!

WRONG, WRONG, WRONG.

You should be

LONG, LONG, LONG.

Whilst the slow stochastic's are embedded - which they have been for 10 days now.

How do Slow Stokes embed? 3 continuous days with readings above 80 on the K&D line.

You now have a indicator that has flipped from overbought to a LOCKED 🔒 in trend.

(This also works in Bear moves with reading under 20)

We could see 55K easily by Friday a return. move to the upper Bollinger Band.

If at any point the stochastic's close under 80... they can regain their embedded status, the very next day ONLY.

Also losing the stochastic's doesn't mean to short, but simply take some chips off the table.
Comment:
STILL
EMBEDDED
so for now
these dips are meant to be bought.
Order cancelled:
Stochastics are no longer above 80.. warning.
Unless there is a big green candle today I assume they will close below that 80 zone.
Comment:
what if the stokes re-embed next week????
Comment:
On the CME Bitcoin futures
The slow stochastics
ARE still embedded
and have been since the 12th of FEB!
Gotta look at the CME charts as well.
Trade active:

incredible stuff
Trade active:

Still embedded on the CME

upper Bollinger band over $71k
Trade active:

broken record still embedded

upper Bollinger band $73605
Trade active:

you guessed it still embedded :)

upper bollinger band @ $78,236

people seem to be getting bored of these high prices

maybe Honey badger has to add another $6k to entertain you some more.
Comment:

just checking Friday's close
yup still in the zone
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