mkv22

mkv22

The chart is largely self-explanatory. The parallel trend lines are validated by being touch points for many price tests at different time points and across different price levels.

mkv22

Could the BTC pop be a fake out? Or is this a bear trap? We will know in a few days...

mkv22

Looks like BTC might smash through 67K Fib level. If it does without a pullback, 75K is the next target.

mkv22

No "flippening" anytime soon. The King Kong is set to dominate the show till January 2022 or thereabouts it looks like. Will ETH continue as the younger sibling of BTC? Looks to be the case.

mkv22

It looks like everybody is discounting the possibility of BTC dominance going back to massive levels of the old days. Please comment.

mkv22

Strong breakout of BTCUSD out of major bearish arch. Next major resistance, if at all, will be around the previous all-time highs...

mkv22

The chart is self-explanatory. Previously, there was bearish arc that was traced with a lower breakout point. It appears that the arc to extend up to the recent high and the trend can be bearish...

mkv22

Previously published a related chart - "Is-Bitcoin-more-bearish-than-bullish-in-the-short-term". Please note that the bearish arch has been adjusted to the maximum extent possible. Any breakout now is most likely only bullish. Cliffhanger time!

mkv22

Contrary to popular belief? Are we all wrong? Is the dollar milkshake theory about to unravel upon us? Remember, the Evergrande debt unravelling is USD debt! Oh boy!

mkv22

If the 20 EMA (daily) holds it might bounce back to a higher target of well above 250, or it might go down to near 100 and bounce back again. The ultimate target looks like it is the same in both cases though...

mkv22

Multiple potential arcs with multiple (three or more) touch points in play?