Crypto_Moses

Crypto_Moses

The 12 hour has the price of bitcoin pretty much topped out (in the BB Band) at the same time it's bounced off this developing wedge pattern. A break above and out the wedge would negate the wedge and mean the uptrend is just that, a trend. However, as long as that wedge develops, and breaks down, it could be something the bears will utilize for a possible...

Crypto_Moses

If we follow September 2019 we could see as low as 23k. The good news is the bounce will be nearly a full retrace. So long the bounce, but you can short resistnaces probably till next year. Going to be a while before it's up only again. But definitely up only from the yearly low in 2024.

Crypto_Moses

Bitcoin had its first major correction off the low from 15k, and high of 31k. The correction from 31k has been really deflating for some, but whever support is found, it's hard not to remember that BTC has pretty epic bull runs. A close above resistance which is represented by the slow moving average price is coming up on would be a huge indicator short term...

Crypto_Moses

Nice support Range Trajectory incoming. Ideally we bounce in between the two lines below.

Crypto_Moses

Got a sale signal on the 6 hour according to the Hybrid Keikin Kaufman Strategy. Zoomed out this looks right. Not sure where a local bottom would be but the 3 month trend is still up so is it time to buy the dip for a scalp at least? Sale in May and Walk away, but buy dips till it gets to may??? That's how it goes right? Right?

Crypto_Moses

Let's look at the short term: Above the horizontal red line, I'm bullish and below it I'm bearish.

Crypto_Moses

In my previous Idea it looked like we were going to get a copy and paste of the previous move up (thumbs up). But, today the move up failed. Now, we've lost the volume based momentum, and the 13 EMA is acting as resistance. We need to regain the 13 EMA fast; but, it's been failing for 3 days now, and I fear the bears are in control. Onchain inflows peaked today...

Crypto_Moses

No sale signals yet so think we're good for one more bounce into resistance. Looks like convergence of moving averages there will eventually be more donw just because the longer term ones are still pointing down, but channel is clearly a reversal one so being overly bearish hear could be a potential trap, especially if we break into the new second tear channel...

Crypto_Moses Updated 

Sell at $.57 And buy back at $.4401? Is that red line a trend line that’s going to hold? Time will tell.

Crypto_Moses

ICX had a double bottom at $.18 and $.28 since the bottom. Where’s the next double bottom? Here’s a scenario anticipating the same kind of climb.

Crypto_Moses

There's a confluence of a cup and handle and an accumulation against the 100 day SMA. Support is great on the 200 day SMA. My hunch is a weekly close above the 100 and IF there’s no pump yet, it’s time to buy hard and fast. Could break down too. Triangle is the key.

Crypto_Moses Updated 

If a four hour candle closes below that blue 9 day moving average you can expect the bear flag to complete and for the price action to break below the flag. Looks like if that happens there’s much more further down side action in the near future. A break up and out of the flag is necessary soon!

Crypto_Moses Updated 

It appears to me this whole range has been accumulation. The question is, is this accumulation to continue the longest term bull market the world has ever seen? Or, does this trend reflect accumulation for shorter term correction, a precondition for something like a recession if you will? Notice the arbitrary trend line is being tested, and the median price line,...

Crypto_Moses

The weekly seems to have a decent enough trend line to keep an eye on a possible play. If by Mid July it hits upper target it maybe time to sale, and buy back a couple weeks later at the trend line. Something like sell at $.57 and buy back at $.4401. Just an idea, has to hit those numbers on that scale perfectly to be viable.