$BTC 1D (07/31/18)
• All the bullishness from yesterday decimated.
• Needs to hold this zone to even consider 8000+.
• Next supports at 7500 and 7200.pic.twitter.com/50I64tGz7X
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$BTC 1D (08/13/18) Range-bound
• 5th consecutive day consolidating between 6530 and 6065. Small bodies, long wicks on both sides,
• Longer the consolidation, larger the expansion.
• Downside break (leaning towards): Retest of yearly lows
• Upside break: Retest of zone markedpic.twitter.com/hmUcrop9W7
BTC 1D (08/14/18) The bulls can come out of the woods. • Bullish hammer • Wicker below daily level + tweezer bottoms and closed above both. • Shorts going parabolic (Red line) • Expecting a test of the other side of the range (~6500) Lot of confluence for some relief.pic.twitter.com/v5gvU1iyIN
BTC 1D (08/15/18) • Extremely choppy action, still rangebound essentially. • Tested 6500 as expected after yesterday's range low fakeout . • Faked out the range high today. • Went from a bullish hammer one day to a bearish hammer the next. Bias: Slightly bearishpic.twitter.com/pgtlQq1kqr
BTC 1D (08/16/18) R A N G I N G This is like watching paint dry. 8th consecutive day in the same range. Longer the consolidation, larger the expansion. • Another long upper wicked candle • Price is failing to close above the range equilibrium. • Expecting a retrace here.pic.twitter.com/szDjRtcKc9
BTC 1D (08/17/18) • First big bodied candle closing above the range EQ after 6 days. • A clean break of this range, and 6850 should come easily, once that gives, 7200. Heading into the weekend, so there might be more chop ahead of us. Bias: Bullishpic.twitter.com/o8ccEORDda
BTC 1D (08/18/18) • Sill ranging, weekends are generally low volume and sideways action. • Closed above the range equilibrium. • I expect we see a conclusion to this range on Monday. Bias: Bullish (will flip on a close below the range EQ.)pic.twitter.com/NaJj1O4zog
BTC 1D (08/20/18) R A N G I N G • Clean close through the range EQ after a rejection from the top: Logical target is the other side of the range. • Doubt we see a resolution to this range until after the ETF denial/postponement. • Prepare for whipsaws. Bias: Neutralpic.twitter.com/e06NKtQPlR
$BTC 1D (08/22/18)
• Surprise surprise, despite the ETF denial, Mex downtime, Tether print, parabolic shorts, etc., we're back in the same range
• Someone is defending price hard on Finex, absorbed a lot of the post ETF selloff.
• BTC fair value set at 6350
Bias: Neutralpic.twitter.com/6nmJw1Z3tv
$BTC 1D (08/24/18)
At long last, a daily close outside the range. (Now it needs to hold on a retest to confirm a breakout). Also made a HH (using closes)
A break of the weekly dashed level and I'm eyeing 7200 as the next resistance.
Support at 6550-6600.
Bias: Bullishpic.twitter.com/DMWqJwaeHo
$BTC 1D (08/25/18)
• Inching up after the range breakout
• Long upper wicked candle, but not too concerned given it's the weekend.
• Small bodied candles precede large bodied ones.
• Resistance: ~6870 (1W level)
• Support: 6640 (Range high)
• Bias: Bullish.pic.twitter.com/v1S30MHpR4
$BTC 1D (08/27/18)
• Broke range high, retested as support, and expanded upwards.
• Closed above weekly resistance
• Hasn't looked this good in a while
• Resistance: ~7100 (1D level)
• Support: 6800- 6850 (Previous highs + 1W level)
• Bias: Bullishpic.twitter.com/4mwtQQXVXn
$BTC 1D (08/28/18)
• Not displaying any signs of stopping soon
• Given that it accumulated for so long in that perennial range, it's only rational to assume there's much more juice left in this rally
• Resistance: ~7180 (1D level)
• Support: 6870- 6950
• Bias: Bullishpic.twitter.com/h8B4AbcyOR
$BTC 1D (08/29/18)
• Bounced perfectly off the 6870 support.
• 7180 is a pivotal resistance, supply zone high + mid point of last move down.
• Once this breaks cleanly, targeting 7800.
• Think we'll chop around some more, forming another range on the LTFs.
• Bias: Bullishpic.twitter.com/VZFzy2BbDE
$BTC 1D (08/31/18)
• Forming a range between 7130 and 6780.
• Support holding strong.
• Long wicks and small bodies suggest price is consolidating before its next impulse.
• R: 7180
1M (August)
• Nice long lower wicked candle off range support.
• R: 8800
Bias: Bullishpic.twitter.com/4DLvHC9Ysc
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