TheDuke91

TheDuke91

BTC Deep channel, hopefully start making our way to the top soon

TheDuke91

BTC displaying a near perfect channel, smashing resistance at every level. be cautious of pullback as they would be healthy for price at this point.

TheDuke91

BTC perfectly testing the 200-day EMA after getting rejected at a dominant trendline, just shy of the 43K mark. A break above the trend line, or below the 200-day EMA(with volume). should give us direction for the immediate short term.

TheDuke91

bearish few hours ahead for btc, hodl tight

TheDuke91

retesting new support on the BTC/USD

TheDuke91

dow jones confirmed retest!

TheDuke91

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TheDuke91

BTC is making its way through Phase C perfectly.

TheDuke91

To my understanding, moving averages are invalid during accumulation and distribution. Expecting a huge short squeeze due to the amount of short positions taking in anticipation of this (in my opinion invalid) cross. To take a contrarious long? opinions???

TheDuke91

bitcoin finally making higher highs, backed with volume. remember buy the dip, not the pump!! expecting a slight pullback to 37-38k still need a more bullish sentiment in the market to be sure accumulation has passed but 'up' is the right direction. For those using Stop Losses keep them under previous lows, trail them up as new lows are formed.