bodeen88

bodeen88

The thick red line and the extra 50% drop by Dec 2020 reflects the possible slow cooling of the economy as the world shuts down to contain the coronavirus. I am long term bullish, so I will be buying at this point, and buying at many points in the future, not selling.

bodeen88

nuff said.

bodeen88 Updated 

Long term, this asset seems to increase on its own merit. However, it is susceptible to wild swings over short periods of time.

bodeen88

Line of resistance from top of descending triangle is holding. If it breaks out, bull run could continue after some time. The price would have to hold 9000 firm.

bodeen88

Bounced hard off the trend line. Maybe we have another wave up before completing this pendant pattern.

bodeen88

Maybe Scalp this bounce for a short term trade, a couple hours maybe.

bodeen88

YOu know it's accurate because of the rocket ship.

bodeen88

Probably going back to 9k

bodeen88

Couldn't break previous high. Lower highs. Quick UnderCross Custom MACD Algo. Head and Shoulders Pattern. Big Doji at the top of the Shoulder. This is bearish behavior. I suppose the next support level is 10.3k.

bodeen88

Head and Shoulders Pattern Confirmed.

bodeen88 Updated 

Short if you know how.

bodeen88 Updated 

Nice little ascending triangle forming on the 15 min chart. Juicy explosion incoming.

bodeen88

Weak Hands Get Shook. Log Trendline Analysis.

bodeen88

Lets the sellers hit that huge wall at 10-11k and watch the price consolidate at that level while the MACD and RSI drop down.. Wait for the next bull run to start when these indicators reach their relative lows. Bull run resume after that.

bodeen88

Came back to top of channel. I hope everyone bought the dip

bodeen88

I think the picture says it all. We test new ATH or fail.

bodeen88

Ichimoku Cloud Ceiling Rejection Typhoon Style #1

bodeen88 Updated 

I am long on bitcoin in the long term future, but there are some patterns that repeat themselves. I am not saying this is the end of the bull rally, but the price is consolidating.