thehiphoptorpedo

thehiphoptorpedo Updated 

As long as it sits below $5200, pullback to $4800's is the logical move. The logic is: too many people left out of the $1000 pump waiting for entry, and not enough current buying pressure to lure fomo buyers above $5000 $5008 is the point of control on the Coinbase chart, if there is no strong reaction on a retest, watch for breakdown to the bottom trend line at...

thehiphoptorpedo

See Chart Hard to not be bullish with that weekly volume

thehiphoptorpedo

Posted this wedge idea on my twitter yesterday. Normally I focus on horizontals but couldn't help noticing the textbook nature of this descending broadening wedge. Eyeing a pullback to possible low 6.2's, any further and I'd be concerned of giving back too much of this recent up move. Also marked are when the pumps started for the CBOE futures expiry and how they...

thehiphoptorpedo

Looking at some possible PA to repeat in the next couple of days. No guarantees and will depend on big buying volume and forcing shorts to cover. If the daily candle closes below the 1D level today I would look to stay flat until PA develops further but wouldn't be concerned if it ranged in 62's and then closed above the 1D level. Like, Share, Follow. Peace!

thehiphoptorpedo Updated 

>In the retraces since the Dec. ATH, the .845 and .886 levels have provided good bottom support ranges for consolidation before up moves. On the bounces, the previous .386 level of each retrace has given very good top levels. >BTC is now consolidating in the .845-.886 range again and the .382 of this most recent downtrend is confluent with 1W, 3D, and 1D...

thehiphoptorpedo

Inverse Chart: Chuv Fork .705 @ -9950 Like, Share, Follow. Peace!

thehiphoptorpedo

It's bullish. Buy the dip TP on the way up Like, Share, Follow. Peace!

thehiphoptorpedo

Looks like a good pennant after a wild pump. Breakout looks promising to put it back at the 30k sat range before a little consolidation. Would like to see higher volume for confirmation but the fact that the volume overly is relatively consistent and the price stayed flat over a 24 hour period looks like healthy consolidation at current level. Like, Follow, Share! Peace

thehiphoptorpedo

Looking for DGB to break this downtrend resistance from swing high (March 12) then potentially complete an ascending triangle from swing low (March 18) Target puts it back around 360 to consolidate. A break below the wedge would invalidate. Like, Follow, Share! Peace

thehiphoptorpedo

Current outlook is bullish. All information is in the chart. Like, follow, share! Peace

thehiphoptorpedo Updated 

Daily Chart 1) Long red candle at end of prolonged downtrend 2) Small green candle within the body of the red candle 3) Second green candle closes above the close of the first green candle. On a daily chart, this is a strong, bullish reversal signal. Indicator: Stoch is also showing a buy signal. Like, Follow, Share! Peace

thehiphoptorpedo Updated 

Target lines up with 1) Prior swing high 2) 2:1 fib extension from prior swing low Could also see a second handle form if price is rejected at the moving average line Like, Follow, Share! Peace

thehiphoptorpedo

I know, I can hear your eye rolls, but here's a way to play it. 1) The target is 7600 2) Confluence of trend line and Pi (314) EMA 3) Good for a short term bounce, if that's your style. Like, Follow, Share! Peace

thehiphoptorpedo

I would not make a trade based on this idea, but I just noticed it and wanted to point it out. Hypothetically upon breakout, target would be 10k. I'm personally neutral on BTC at the moment.

thehiphoptorpedo

Looks good, will watch closely.

thehiphoptorpedo Updated 

6) Now look for break up from the falling wedge. If it breaks below, it's all invalid. Like, Share, Follow! Peace

thehiphoptorpedo

On the 1hr chart. After a downtrend, this is a bullish reversal pattern. We'll see if this is truly the bottom after the BTC flash crash today. Like, Share, Follow! Peace