ryt89

ryt89

BTC to $4400 SHORT ON DERIBIT

ryt89

DAILY: I am currently targetting the $5400-$5455 range (.236 fibb) as the next strong support for BTC. Despite the RSIs looking bullish, I'm bearish until BTC can break the upper trend line. For one, there is a clear decline in volume indicating this is not a breakout. Looking at the recent uptrend as a wedge, we can take a measured move and arrive at our target...

ryt89

Update from the chart I posted on 03/17. Most targets have remained the same. Updated Fibonacci retracements. DOW closed above the .382 level, next target is $23,475 which lines up with the 50 EMA (yellow line) on the 4H chart. Things to note, the golden pocket is between $2500-$25500 which is unlikely but still a possibility. Trade with caution, I believe the top...

ryt89

As you can see from my TA, we have clearly dropped below the golden pocket zone. I'm anticipating a relief relay for today and possibly tomorrow but a free fall to the .786 fib level is inevitable.

ryt89

bullish then bearish, chart speaks for itself.

ryt89

golden pocket @ $7900 bottom around $7300

ryt89

bounced right off the bottom off the channel if we break that trend line hella bearish

ryt89

resistance at $9,200

ryt89

moon

ryt89

Gold capped out at 2.7x from its 2008 $700 low, it has since corrected to 1.5x at $1,050, it seems to have a massive sell wall at just about 2x - $1370. Expecting some shenanigans right around the completion of the pennant and a massive bear trap just in time for the next recession.