All posts made by kro55 in Bitcointalk.org's Wall Observer thread



1. Post 53802110 (copy this link) (by kro55) (scraped on 2020-04-04_Sat_17.14h):

Do you think bulls will be able to smash that resistance at $13k or not? I think many traders will close their longs there and it will be time for a healthy correction to $9600 support. From there, the parabolic rally can begin like piotrrataj suggested on TradingView. I would add that piotrrataj's cyan rising wedge is too narrow and bitcoin will hit $13-14k sooner than he predicted.
Also if we look at similarity with last halving, this price prediction makes sense because in 2016 there was local high before halving ($780) and then correction to $563 (minus 28%). Let's say local high this time will be $13900 minus 28% gives us $10008 which is pretty spot on if you look at the chart bellow.




2. Post 53852049 (copy this link) (by kro55) (scraped on 2020-04-04_Sat_17.15h):

There's gonna be huge gap on the Bitcoin CME Futures chart (4H) when trading opens in 5 hours (23:00 UTC)
Gaps tend to get filled *almost* every time. Plus 50-day MA and 200-day MA Golden Cross on Monday or Tuesday is telling me this correction will not last long.




3. Post 53865243 (copy this link) (by kro55) (scraped on 2020-04-04_Sat_17.15h):

Quote from: kro55 on February 16, 2020, 05:54:09 PM
There's gonna be huge gap on the Bitcoin CME Futures chart (4H) when trading opens in 5 hours (23:00 UTC)
Gaps tend to get filled *almost* every time. Plus 50-day MA and 200-day MA Golden Cross on Monday or Tuesday is telling me this correction will not last long.



So far so good. Calling $10460 CME Futures on Thursday/Friday.