BlogHide Resteemsgatorinla (47)in euro • 6 years agoEu is at pivotal support above 150xThe eu is sitting above 1506 atm (1565). The pa looks bearish. But if it can't manage to make a lower low, or close a L day below 1553. It will be forced to bounce. It may have some attraction to…gatorinla (47)in bitcoin • 6 years agoBitcoin makes a new 2018 low. The basket should followNot much to say. The opinion remains. Bitcoin IHO should drop further to 1/2 its value in the 3k area or more. The lows of 2018 have been broken. I see nothing bullish. The bounces to me, should be…gatorinla (47)in bitcoin • 6 years agoBitcoin broke 4h trend supportI still have the view these pops around 2018 support should be sold. I still hold the opinion that the support will not hold. And eventually bitcoin will tubble at least 50% more.gatorinla (47)in bitcoin • 6 years agoBitcoin looks to have stalled.I still see a valid 6,948 target. But overall that may change. I still maintain the drop is coming. The larger trend for me should yield 3,xxx.00 in my humble opinion. The rest of the basket…gatorinla (47)in bitcoin • 6 years agoBitcoin unable to break the little double bottom."The little bear that could" got bitch slapped. The larger target for 6948 is still valid. But I still hold to the bearish view. Atm being so close to support, bounces are expected. They may seem…gatorinla (47)in bitcoin • 6 years agoBitcoin still bearish.Bitcoin still has a bearish trajectory. But if we look to the left. Earlier in 2018 support was present here. So it may have some bounces here. I still have the view this support will break. And…gatorinla (47)in bitcoin • 6 years agoBitcoin update in the short termThis may be it for the short time high. The hour trend points lower. 6805 area may turn it..gatorinla (47)in bitcoin • 6 years agoBitcoin lost 6488 on the hour- last post6488 on a short term scale may lead to the larger edge. To keep on context the earlier post read like a chapter in a book, this being the latest. Nothing to change the bearish view for me here…gatorinla (47)in bitcoin • 6 years agoBitcoin 1h and crypto basket.The red line on the chart represents a smaller bearish drop developing at 6,488.65. The closed red candle is already bearish off the 6548 resistance. I don't like to zoom in the smaller time frames.…gatorinla (47)in bitcoin • 6 years agoBitcoin update.Taking Bitcoin in a strictly bearish view.. In this one, a lower low. The atm high may be all it gets. But anything below 6698.50 is valid for a 5954 handle. On the st view would produce a new…gatorinla (47)in bitcoin • 6 years agoBitcoin doing as expected (view older post)Bitcoin caught some spring in its step after 6,333. From here it has a shot at 6,948. But has some resistance in the 6,500/6,600 area. So I don't think it can manage much of a bounce beyond 6.9k/7k.…gatorinla (47)in euro-usd • 6 years agoEuro/Usd crossThe quarter month week and day have closed lower than the previous. Its near mid year end in June, the second quarter. Last year closed 1.2001. Bears need to close 1553 on the day. Or it should…gatorinla (47)in bitcoin • 6 years agoBitcoin making that run to 6,317.25Bitcoin acting as expected per last post. But I need to add 6,333. 6,333 is a place it may bounce to 6948. The baskets may recover some temporarily. The basket and most cryptos should follow. I…gatorinla (47)in bitcoin • 6 years agoBitcoin and basket update.Bitcoin should dive back to 6317... From there it could resume the lower trend. The pattern I see, suggest target 6882. I still think the drop will continue even with these short term bounces.…gatorinla (47)in bitcoin • 6 years agoCrypto basket:Bitcoin is near the edge of a double bottom.I still dont think Bitcoin has bottomed. But where its sitting now. It is close to testing a double bottom. The 3k target is still looking doable imho. The others in the basket are in the same boat.gatorinla (47)in bitcoin • 6 years agoBitcoin 6,905 reached. Basket should be on the ropes.As per last blog post 6905 target reached. That didn't take long. Long term view remains the same for 6 months now. No doubt some bounces will occur at times. Bulls failed another setup. Not a sign…gatorinla (47)in bitcoin • 6 years agoBitcoin updated this chapter. Crypto basket should follow.Bitcoin has reached 7,302 now. It does have a smaller mixed bullish signal for 8k.. but I maintain it was probably rejected for a newer month low at 6905. Double talk, I know. Before reaching…gatorinla (47)in bitcoin • 6 years agoBitcoin looks ready to take 7,302 Norm.As stated in last blog post. That double top would likely be rejected. It would also break a double bottom. Doing so makes 6905 a target. 2 competing targets because either 6905 or 8k will be…gatorinla (47)in euro • 6 years agoeur/usdNext week if given the opportunity I will short the eu 1836/52 with a small stop. Targeting 1616 or less.gatorinla (47)in bitcoin • 6 years agoBitcoin and crypto basketBitcoin has not yet retraced to 7,302. This is still a normal retrace to do so before 8,069. Meanwhile pa has produced a double top formation. If the double top breaks than 7,302 norm retrace will…
