BlockchainBreakdown

BlockchainBreakdown

You can see you we need to break above 45k is range to have a decent relief rally and potential move forward/upward We do see divergence on the RSI signaling that yes in fact things are turning around and this may in fact be the current local bottom. That being said I will suspect that we will see a retest of the lower range place a long and a close stop...

BlockchainBreakdown

Maybe... Just maybe this is an inverse Head and Shoulders and we can see another leg up on BTC to keep the idea of Alt season alive. I dont see BTC reaching any new ATH this week or next but... mainly just maintaining to keep the dream alive.

BlockchainBreakdown

Entered a short at the .5 Fib (.0044 btc) Going to ride it down .236 fib (.0039 btc) Once price passes .38 fib level I will be placing a stop loss at the point and keep moving it up as price goes down more.

BlockchainBreakdown

Well look what we have here! Classic H and S on Eth and with BTC seeming bullish as well to boot! Could see a back test of the neck! (Dont break ya neck!) Take some profits at 1.38 and 1.618 remain will be sitting with a stop loss and will have a keen eye around 1.76 to see if we are still feeling bullish enough for new ATH situations... or if this will get...

BlockchainBreakdown

The green lines for short term green numbers.

BlockchainBreakdown

Top out area of ETH bull cycle 8K Bottom of Eth next bear market 1,500 based off nothing Just posting to watch for future me.

BlockchainBreakdown

I think top of this cycle will be 250K ish I think bottom of next bear will be 50-60K ish based off nothing. Keeping this post for future me

BlockchainBreakdown

Just posting this so I have it to look back at later on after the dust settles. Long term Bitcoin this cycle 200-250K is the blow off top.... bottom of next bear market 40K - 60K based of totally nothing

BlockchainBreakdown

Looking at the I have a fib extension from the top of the 2017 ATH (20K) and if you look it has played these Fib extension levels like a champ! Currently I am seeing lower highs and lower lowers forming from its prior 42K top I could see BTC pump up to the 35K range and ideally get rejected form the downward trend line which might be a good potential for a...

BlockchainBreakdown

After bad news hitts the XMR token we saw a drop down not seen since prior 2016. I get a good feeling that this will regain its BTC vaule shotly... either through the pull back of BTC/USD price or the basic undervaluing in XMR btc pair. Looking at at leas t .008 range for targets.

BlockchainBreakdown

the .38 Fib level lines up with prior resistance support (Thick neon green line) which also matches with the 90 Day EMA. IE price being 752. This is the target I have for my short position to close on ETH. Usually when you have a big surge (IE fat line up or down with out much trading in between those pumps you tend to go back and test em out.

BlockchainBreakdown

These are my targets for a short if the .18 breaks.. seems to make sense based on history.. prior support is all I'm basing it on.. If it gets to covid 19 lows of march... I might flip to a buy depending how to volume looks but will be out of my short by then... Dont get lost.... add a stop..

BlockchainBreakdown

This is just for me to look at and remind myself what to do while I see these patterns forming. To keep the emotion out of it.

BlockchainBreakdown

Looks like Link broke the pattern of higher highs, and now we are waiting to see if a lower or higher low is set compared $11.20. Prior Higher high seems to be a bit of euphoria and may not be in line with the trend, Thus I am waiting to see if the higher low is set.

BlockchainBreakdown

Look to long in the .49 range. and the RSI shows over sold. This is still risky because of a lot of movement depends on BTC price actions. I think Alts will pump as long as BTC stays in a sideways range via 18,500-19,800. If it breaks above and takes off I think alts might dump and if BTC dump below 18k then alts will bleed out even faster. Target .49 Stop .47

BlockchainBreakdown

So another H and S forming around the 14k to 15 k range similar to AUG. Could reject at the 15k range maybe trying to double top or test the 15k range and break through, If rejected could see a drop down to prior support of 12.5K Considered the end of the month and BTC futures CME tend to dump around that time. Or if we get lucky and we see a break through of...

BlockchainBreakdown

This is a longer term target, if the H and S breaks down, and close well below its current level (and depending on how BTC/USD behave) I have a target lining up with the .23 Fib which could line up with the 300 daily ema and would back test prior resistance. The Defi bubble may not have "popped" but it is absolutely cooling off and could go through a realistic...