blackmontrader

blackmontrader

Yesterdays SEC announcement timed perfectly with the June Futures expiration allowing the futures traders to make money on the short side into expiration. Now a new day dawns and retail thought the SEC announcement would take us back up......wrong bear trap. We're heading lower if we break the prices on the chart listed. This is a 4hr chart so expect this to play...

blackmontrader

ETC has a lot of power that is building.....going to break out to the upside most likely but watch the downside on these dotted black lines. It is just a matter of time in the next couple of days or a week. Get long above 38.91 and can get in early but if so watch your downside break to get out if we break the black dotted lines to the downside.

blackmontrader

We need to close today back above this blue line called out on chart else we're going down more.

blackmontrader

BTC weekly chart...nothing positive here....low volume, downward push, MACD crossing to downside. going lower.

blackmontrader

10752 holding area on Fib charts. Watch these bubble remarks as points of interest. If this brown bubble does not hold, we're going down and going down fast.

blackmontrader

Look at text in charts....says all it needs to say.

blackmontrader

We have a daily squeeze on BTC, if we get down to 13520 on coinbase pricing we should bounce and if that squeeze (red dots) can fire long to the upside we'll get a nice ride up, if we fire short, watch out below.

blackmontrader

ETC going to 50 ish, We have multiple squeezes on 2 hr, 4 hr and daily charts with Weekly already fired long......going up!

blackmontrader

Regarless of your like or dislike for BCH in the BTC war of who's Bitcoin. The BCH is a chart to keep an eye on. If we can break 3128.70 on Kraken pricing (others don't have much history) we can head to 4609.50 all based on Fib retracements/analysis. Blue/Red lines Circled.

blackmontrader

ETC has been breaking to all time highs recently and with the squeeze on the daily and in a weekly already see no reason why a break out here doesn't take us to the 45 ish new high and then possibly more depending on overall markets.

blackmontrader

We have positive momentum, breaking out to new highs as I speak and a daily, 4 hr, 2 hr squeeze.

blackmontrader

In lots of squeezes, fibs are lining up.....might get a little pull back before we break out but start picking up and hold till we tag up in the 36 mark.

blackmontrader

No one knows with all the emotion of BTC and futures trading what ultimately price action can occur on BTC. That being said if BTC sells off in a correction we do not know if the cash will go into alts or go into USDT. I've been watching this market long enough to know that I know what I don't know and I've seen it work both ways. People think if BTC corrects alts...

blackmontrader

XMR Daily Sqz....We are on a 9 count on 4 hr chart so could see a pull back but if we pull back to 257ish buy......This daily looks to want to go to 322ish then if we blow thru....up to 400. Acquire

blackmontrader

If you follow Fibonacci Analysis....this chart needs no explanation.....look at the upper retracement lines where the zones match up. This is a weekly chart and this is where we're going.