The_Wrap

The_Wrap

Hello traders, Well here we are again, looking forward !! whilst we are staring down !! Obvious to see the trend has not changed, the cycle remains incomplete until we print a new structural high, i see absolutely no reason why we will not step back the stepping stones that were laid on the way up, profit up, profit down.. a lot of burnt hands in between.......

The_Wrap

careful longing,, bias is short as shite

The_Wrap

we go down.

The_Wrap

Creative charting at its finest, TA with a twist !!

The_Wrap

i do find certain patterns more reliable then others in crypto, i cannot underestimate the overall trend we've been in and see no reason for it to stop until we come to the end of a pattern... If you'd like to comment please feel free...

The_Wrap

Fortune teller Cryptowrap predicting the future !

The_Wrap

Another fortune teller trying to predict the future !!

The_Wrap

another setup unfolding i think, targeting lower low..

The_Wrap

Forecast for BTC, if we cannot get a spike up soon we will definitely have a crack at the 6100 support area sooner rather then later, however, i do feel a short squeeze is necessary before this occurs... We have come full circle arriving back within reach of the long standing downtrend channel and i think its almost a certainty that we will dip under it this time...

The_Wrap

abc not done yet....

The_Wrap

So, 6800 didn't put up much of a fight at all did it , next minute, 7500 is flashing on our screens... what does it all mean ?? Well, in my opinion we are seeing bears turned bull by a an unpredicted semi intense bounce from just below 6100, i believe half of the stratosphere thought once that area breach that was it, BTC was going to the boneyard, Typically BTC...

The_Wrap Updated 

Weight to the upside should we achieve a break above 6985, expected a bit more of a selloff, but obviously we are not ready to hand any strength back to the bearish team just yet.. Retrace to 6450 +/- 50 and 1st upside target 6750+/-

The_Wrap

Initial short target of 6280 extending to 6200 maximum +/- 50, upside target of 6450 upon breaching of 6380.