deliciouspodo

deliciouspodo

Locally, the momentum is slowing down, but this resistance has been tested so many times that it is not wise to short. Man.. this is why one should buy in advance.

deliciouspodo Updated 

How many times and how longer will the same support hold? This support will give eventually, but the selling pressure is not so strong either, so while it's likely it will break, it might reclaim the range.

deliciouspodo Updated 

If this turns out to be a bearish retest, I don't see any support until mid 40k's It is way too choppy and full of fakeouts that it's very very difficult to get a clue, but if I had to bet, I would bet on more downside.

deliciouspodo

For my reference

deliciouspodo

Cruel stop hunting up and down..

deliciouspodo Updated 

Now that the support test has been successful, BTC should soon be above the red resistance area one more time. Then will come the real test.

deliciouspodo Updated 

I don't draw trendlines often, but this one doesn't seem to be out of coincidence.

deliciouspodo

yay

deliciouspodo

Fuck up long then fuck up short

deliciouspodo Updated 

Does not look like a top to me..

deliciouspodo Updated 

Resistance

deliciouspodo Updated 

I'm expecting months of sideways without a definitive trend, as there always were after a sharp drop. Don't trade, save up capital, and enter only after consolidation has gone on for some time

deliciouspodo

Alt USD pairs are at weekly resistance as well. If you aren't long already, BTC most likely won't break the red zone coupled with 0.618 resistance in one go, so wait for BTC to reclaim the orange area.

deliciouspodo

I call bullshit though I will add onto my short until proven wrong

deliciouspodo

How many touches?

deliciouspodo

I believe the meaningless consolidation was to trigger a cascade of liquidation by sweeping the low. If this isn't the place to venture a long, what is?

deliciouspodo Updated 

LL, LH Plus bearish swing failure pattern that took out unfortunate shorters with SL below 11100

deliciouspodo

A very precarious position for longs but also may be the bottom before a pump