BTC Long Hypothesis...Why not?

21 thg 7, 2019

The picture tells the story...

Why?
We had a parabolic run, then we will naturally see a sell off at the top.
Prices drop back to the support zone where it all started from, the parabolic run.
Accumulation and the cycle starts all over again.

Current possibilities to match the above hypothesis

21 thg 7, 2019

Ghi chú

22 thg 7, 2019

Ghi chú

more likely... we need a drop to the demand zone to give it that momentum

22 thg 7, 2019

Ghi chú

I see this area critical for a number of reasons. I will post the details in the next post and what we need to confirm bullish or bearish and what is at stake.
Here is the basic chart as to what we are looking at. Note the critical line in the channel and the sloping support.

22 thg 7, 2019

Ghi chú

22 thg 7, 2019

Ghi chú

previous bear trend channel matches current bear trend channel. Note, the red shaded area signifies 100% to 200%, meaning region of trend change. One can not how trend changed in 2017/18 and I expect the same in the 7500 to 8700 range.

21 thg 8, 2019

Ghi chú