Do things like gaps or dojis matter for ETFs? asking for a friend...
4 hrs Long Legged Doji Bearish pretty straight forward reversal likely here
Some longs are getting trapped, otherwise nothing has really changed. We have to break about 970ish with conviciton. Otherwise this is just a nice place to short.
Headed to the bottom of this channel? And would that bring us back into the larger Daily downtrend? And resolve that this has been another Bull Trap?
Clearly we are coming to the end of this wedge and there is a steady uptrend of higher lows. We should wick down to around 1.6T again before seeing significant upward movement some time in the next month. Set your shitcoin buys accordingly.
We failed to make a higher high this week so more downward in store. However we won't go crashing to 32, 30, 28, 22, 17, 12, 6, 3, or 1k any time soon. There is a nice healthy trendline that will stop us at around 35k. Total chart confirms this same movement.
No way around it, this looks grim for next month. Hard to imagine not visiting 2T and probably 1.75T. At best we can hope for a sideways candle like June-July. Declining volume and RSI. Lower than that is simply unrealistic; there is far too much interest in crypto from big money and small. Need to break above 2.7T to continue to the moon. Will certainly...
These little bounces are a gift. Get out while you can. Lower is inevitable. Rebuy at 1.65-1.75T. Good luck.
Last several times we've made Inside bars in this bull trend we've had a monster move the very next day. We are completing an inside bar on BTC daily right now.
KLV goto .20 and beyond. Don't miss out. Came down and retested about to the point where buyers couldn't stand it any longer and now steadily looking to conquer ATH. Fundamentals are strong on this one. DYOR.
Think it'll break that trendline? Me neither.
Break of ~9850 would have to be quickly followed by break of ~9950 to find any support. Move down to retest or break of ~8850 much easier.