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The Swamp

  • #86,601
  • Jun 21, 2021 6:01am Jun 21, 2021 6:01am
big down moves at bitcoin.. why it happend..? gator bitcoin already bearish?
  • #86,602
  • Jun 21, 2021 6:43am Jun 21, 2021 6:43am
Hi boss gator. Can you have a look on AudUsd weekly chart? Is it consider double top. Thank you
Newbie here
  • #86,603
  • Jun 21, 2021 6:55am Jun 21, 2021 6:55am
Quoting SkyTrade2007
big down moves at bitcoin.. why it happend..? gator bitcoin already bearish?
yes, bearish into support. Why it happened? The truth is, man just likes to hear himself talk. I dont know why it happened. Neither does the experts. Just like anything else. Price moves to a point where enough people stop buying. Then price falls to a point enough people buy, to start a rise. Finding those equilibrium points are valuable. Because from those, you may get a wave.

Trees rarely grow thousands of feet high for a reason. It's not that they cant. Something seems to take the top off. Or crash, do to their own weight.
Some math may help find the best points. But the human element is always a factor.
those who can, do. those who cant, talk about those who can
  • #86,604
  • Jun 21, 2021 6:59am Jun 21, 2021 6:59am
Quoting Boulder
Eur shorted some here 1.1895
Booked at 1.1885
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  • #86,605
  • Jun 21, 2021 7:01am Jun 21, 2021 7:01am
Eu shorted again 1.1894
  • #86,606
  • Jun 21, 2021 7:11am Jun 21, 2021 7:11am
Bitcoin is testing day uptrend stop at 33702.. incase not hold at NY close,.. watch for week uptrend stop..30339
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  • #86,607
  • Jun 21, 2021 7:16am Jun 21, 2021 7:16am
GU datapoints
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  • #86,608
  • Jun 21, 2021 7:18am Jun 21, 2021 7:18am
watching 1871 carefully as that is the top of the range play
  • #86,609
  • Jun 21, 2021 7:21am Jun 21, 2021 7:21am
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  • #86,610
  • Jun 21, 2021 7:22am Jun 21, 2021 7:22am
Quoting BluesUntukAk
Hi boss gator. Can you have a look on AudUsd weekly chart? Is it consider double top. Thank you
The best i can say its testing month support. A bounce to .7673 would be more likely in normal times. But with these shallow retraces you better curve that ethumism. See chart for other R.
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those who can, do. those who cant, talk about those who can
  • #86,611
  • Jun 21, 2021 7:23am Jun 21, 2021 7:23am
Gu shorted some here 1.3876
  • #86,612
  • Jun 21, 2021 7:24am Jun 21, 2021 7:24am
Quoting gatorinla
{quote} yes, bearish into support. Why it happened? The truth is, man just likes to hear himself talk. I dont know why it happened. Neither does the experts. Just like anything else. Price moves to a point where enough people stop buying. Then price falls to a point enough people buy, to start a rise. Finding those equilibrium points are valuable. Because from those, you may get a wave. Trees rarely grow thousands of feet high for a reason. It's not that they cant. Something seems to take the top off. Or crash, do to their own weight. Some math...
thank you gator... 1 1/2 year ago, i never imagine bitcoin will go this high, people keep buying and buying and then buying slowing down
  • #86,613
  • Jun 21, 2021 7:35am Jun 21, 2021 7:35am
fyi
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  • #86,614
  • Jun 21, 2021 7:48am Jun 21, 2021 7:48am
Quoting gatorinla
{quote} The best i can say its testing month support. A bounce to .7673 would be more likely in normal times. But with these shallow retraces you better curve that ethumism. See chart for other R. {image}
Thank you for the info. Really appreciate it
Newbie here
  • #86,615
  • Jun 21, 2021 7:50am Jun 21, 2021 7:50am
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  • #86,616
  • Jun 21, 2021 8:02am Jun 21, 2021 8:02am
Bulls are obviously dealing with a very strong and angry bear! But I think bulls may get some relief soon. If you look to your left on the image below, you will see a possible retracement area at 20050 - 19841 (see red lines). It just so happens that this is also at the 38.2 fib level. I will be looking for a selling opportunity around here.

If you are a bull, then take caution! Bears are clearly in control! And it is likely bears will eventually drive the price down to the demand zone at 18051 - 17041 (see green lines to your right on image below). I will be looking for a buying opportunity around here.

EURUSD 6 HR Chart and 5 Day Chart
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Learn from your mistakes and march on.
  • #86,617
  • Jun 21, 2021 8:11am Jun 21, 2021 8:11am
maybe some move at wallstreet opening.
Trade to enjoy... Money is after!
  • #86,618
  • Jun 21, 2021 8:23am Jun 21, 2021 8:23am
Eu added 1.1903/4... plan to refill all the way
Eu day range high is 1.1914..
  • #86,619
  • Jun 21, 2021 9:02am Jun 21, 2021 9:02am
Quoting Boulder
Eu added 1.1903/4... plan to refill all the way Eu day range high is 1.1914..
Eu day range high reached.. last refill today 1.1913 to 1.1914... now wait...
  • #86,620
  • Jun 21, 2021 9:14am Jun 21, 2021 9:14am
Quoting gatorinla
{quote} the closest week match on the eu is 1846. Pa hasn't respected much support on this drop. Here is just another place to look, for a possible bounce short entry.. Maybe 1920 again. Bounces have mostly been less than 25 pips. Maybe 1869 is all we will get. {image}
coming up on 1920/25. This close to the 1925 pull.. It should reach 1920. Some possible pull to 1992, but retraces have been de-nutted. So 1920/25 may be all u get.. Pace yourself for 1992 in case,
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those who can, do. those who cant, talk about those who can
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