FakeSnake

FakeSnake Updated 

I apologize guys my last chart was missing a few details so I decided to correct and re-post. Tell me what you think! :)

FakeSnake Updated 

Here's a few different scenarios that I see possible atm.

FakeSnake Updated 

Bulls seem to be exhausted, and quite frankly, so am I. Here's the trajectory that I believe BTC is most likely to follow. This is not trading advice. This idea is only meant for you to compare against your own technical analysis. Happy trading! :)

FakeSnake Updated 

We have several indicators turning bullish on the 4 hour chart. The RSI is showing increasing momentum, the MACD shows a modest level of bullish divergence, and the PARSAR is bullish. I am currently awaiting confirmation that validates my idea atm before I enter a position. The RSI is at the currently near the bottom of the wave pattern as well. Tell me what...

FakeSnake Updated 

We are trading below both the 200 and 21EMA, the MACD and RSI are both bearish and there's very low momentum pointing to the upside atm. I'm predicting we are going down to retest the $9850 zone before making further movement.

FakeSnake Updated 

I predict that the lack of volume shows that we just don't have the strength needed to break out of this triangle in the short term and will most likely drop to test the resistance zone highlighted at bottom of triangle. As Bakkt approaches, I feel that we will most likely bounce to the upside once we hit the resistance zone. To where? The sky? Moon? Who knows!...

FakeSnake Updated 

Red hammer doji could signify that the bulls are still trying to defend the current price while the RSI on the 1HR chart is starting to turn bearish. I can't be bullish or bearish until I see some sort of confirmation at this point. Given that it's a pivot point entering a trade here without the appropriate confirmation is dangerous territory. If I had to say what...

FakeSnake

The chart was just a quick draw up but it should be self explanatory.

FakeSnake

I predict one of the most non-volatile nights in the history of the cryptocurrency universe. BTC has went to bed after taking some very strong sedatives and will most likely enter some strange hibernation phase that scientists will never be able to truly explain. Go play frisbee with your dog, try Yoga, feed your Goldfish, or play a game of solitaire. All will be...

FakeSnake

This is based off of many grueling hours of drinking coffee, advanced calculus, and deep research. This is not trade advice. Don't sue me.