blueacker

blueacker

With the potential fallback of the stock market of US., Bitcoin may retrace to the bottom edge of the channel, and fill the cme gap at 20k by the way.

blueacker

Coinbase may go up to 157 until 2023.11.7 or it will retrace to 53 firstly. because coinbase is running in the tunnel, 157 is the up edge and the 0.618(0.382) of Fibonacci position. If it retrace, then the last low(55) is the position I will buy.

blueacker

after a drop by 1 year, the k-line test the lowest point with a tiny volume. then it is going to higher and higher, big oppotunity.

blueacker

just a hedge trade. Because they are in same category(cloth), and this is summer now. So short GOOS & long LULU is a very safe and potential profitable trade.

blueacker

OVR is a coin that pumped by Apple VR device recently, I consider it will fall to the beginning soon because it's huge pump is unsustainable.

blueacker

So if you are a trend trader, waiting for breakout, else if you're a oscillating trader, short it now.

blueacker

Low volume test the bottom High volume uptrend, with a low volume retest showing weak falling momentum. It's a big signal for a uptrend.

blueacker

as showed in the post, very clear that btc is just a investment for majority.

blueacker

maybe the lowest point in this downtrend.

blueacker

look at the arc, the high position direction is turning from down-trend to up-trend :)

blueacker

may be keep falling to 8600