TenaciousH

TenaciousH Updated 

Red line is the Fed rate bear trend. If the bulls dont push through the red line here, we're likely looking at sideways trading for a bit or maybe a quick leg lower to $33k-30k. If global markets keep showing green like Monday, and risk on assets like crypto don't sell off, we'll likely see confirmation that January 24ish was the bottom. Thoughts?

TenaciousH

Our recent downtrend line (dashed red line) has been caused mostly by interest rate hike fears (and Matt Damon...), and on January 20 we ran straight into that downtrend line with an RSI at 30 and a down swinging MACD. Stock market risk assets still selling off, Russian bank suggesting a ban of crypto, etc. There was some support around $41k and we were already...

TenaciousH

Looks like a freak out to me. Not logical, sentiment and fear driven. COVID fears (yet again) and during a time the markets are showing weakness, and there's the flash reaction. Might as well flip a coin. My bet is $53-55k range holds with that 100 day MA. If it doesn't, $48k and even $41 or $38 could be something. I doubt it, but... It's crypto. Buy, sell, or...

TenaciousH Updated 

We had a fantastic bounce from $40k at the 100 day (see related idea below) and we've been running up ever since. The ATH resistance was to be predicted. I believe if we run up off this level well again attack ATH. If we fall here, expect a bit of consolidation before another attack at ATH. I expect a run up.

TenaciousH

BTC is currently accelerating upward from the 100 day Moving Average. This marks the 7th time this level has been challenged since Sept 20th, and this looks to be the 7th time the Bulls have pushed back hard. BTC is up over 3% since that challenge a few hours ago. If we see a break from this uptrend, especially above $43,000, the 200 then 50 day is very soon...

TenaciousH

We've bounced off this $11,000 level twice before in August on the 4th and 11th. Maybe I'm seeing things, but I think we had a quick double-bounce that looks like a consolidated confirmation again of the $11,000 level. We're now hovering around the $11,500 point. I personally expect a broad stock market correction around 10-15% (maybe more) sometime during...

TenaciousH

If you draw a line from where we are right now all the way back to the bottom of the market in March of '09, you see a long list of technical rejections. What do you think?

TenaciousH

Constructive challenge to the $11,450 level. Here we go. Big Picture Chart we All Know - Dotted black lines (A-E) are strong ascending support/resistance levels. Horizontal Red, Orange, or Green lines are mass perception value levels. Green are broadly confirmed, red are not broadly confirmed, orange zones are in play. Here's the chart before and after the...

TenaciousH

What do you think? I think the coin is too fun not to watch, and if this becomes any stretch of a bull run, the Gen Z'ers and Elon Musk might really push it up.

TenaciousH

Keep going DOGE. Gen Z is pumping this thing up just for the fun of it.

TenaciousH

TikTok just gave us a present with a seriously strong leading indicator for AltSeason. DOGE is on RobinHood, on Gen Z and Millennials' minds, etc etc. moving fast Worth Your time to look.

TenaciousH

There sure is a whole lot going on in this circle.

TenaciousH

Stand at $8,500 and see $10,200. Fail at $8,500 and see $7,600.

TenaciousH

Coronavirus plus resistance at the top of a possibly overheated market plus doubts over pres election all overshadowing earnings. Market may look like 2015/16 for a year if the bulls dont take over soon.

TenaciousH

Interesting setup with the 50/100 Day Golden Cross plus "D" Support plus upcoming Halving plus more positive correlation with the Gold against a shaky stock market, does that equal a big jump this week? I think it does. What about you?

TenaciousH

Here we go. We've been waiting for this breakout chance since Fall. **Please see linked ideas for context regarding the Summer DownWedge and Purple Dot Uptrend.** The still young Purple Dot Uptrend after the $6,500 bottom versus the 200 Day and $9k resistance. A Bull win here would be huge, and would reconfirm the bottom. I still do not expect to see a break...

TenaciousH

Hodl on tight! I won't waste your time with extra text just see the linked ideas for context so far these strategies have been very profitable. We're looking at multiple support levels just below us. This is not a time to sell, this is the time to tell your friends to buy. #HODLTHELINE

TenaciousH

I've relied on these DownTrend dashed lines since the Summer and traded them versus these stages (the letters) rather reliably, including the break of the wedge and stages themselves right where the 50-Day is now turning. The Purple Dotted Lines are my first thought at a new trend to retake the D stage and launch a breakout like the past summer. What do you...