$XBTUSD 4H - 100EMA (red); - Trendline/raising wedge low (blue); - 8.2k S/R flip line (yellow). Pick your support.

woop woop

$XBTUSD 1H Support area.

This may be a bottom on low tfs such as 1H or 15M, but I don’t think it will hold on the 4H/1D/1W. Got bids lower still.

$XBTUSD Daily Closed on 21 EMA. Next stop 7.2-7.5k area. My first, albeit small, bid.

$XBTUSD 1H Heh.

$XBTUSD 1H Restest of broken support as resistance and then further down.

$XBTUSD 4H Could see a restest of 7.9~8k area as resistance.

$XBTUSD 4H 7.9k tested as expected, now making a local higher low, might test 8-8.2k (near the 21, 52 and 100 EMAs) before continuation.

$XBTUSD 1H Possible hidden bull div on the StochRSI. RSI just confirming price. Adds to the 4H narrative of a test of 8-8.2k (https://t.co/TnIFZi6q9N).

$SPX Good close, level retaken. Stoch bull div.

$XBTUSD 1H First 8k retest strongly rejected.

$XBTUSD 1H - 52 EMA (orange) offering resistance; - Possible ascending triangle or pennant breaking down on volume, might retest from below; - First support 7~7.2k area; - Pole extension puts possible bottom around 6.5k.

$USDEUR 1D Penetration of the 100 EMA has been a good entry for the past 9 months. (People usually do the inverse, $EURUSD, but like this chart better).

$XBTUSD 1H Aforementioned retest from below going on. Low volume, hardly an impressive attempt.

15M gives more insight into the volume.

$XBTUSD Daily Unmodified chart. Closed with a spinning top. Couldn't break below 7.4k support nor above 8k resistance (VPVR + 21 EMA), again. Neutral, short-term indecisiveness. Bears also have 7.2k to break and bulls 8.4-8.5k, so all this might take a while...

Just dropping this here. Exaggerated bear div on $DJI monthly, can also be seen as a regular bear div on $SPX and $NDX. The higher the TF the more significant the 'signal' and indexes must confirm each other (Dow Theory, from the guy who invented the index).…