The sinus waves of boringness, breakout chance up: 90%?

14 Sep 2019

hi friends,
this is no financial advice, trade at your own risk!

we are currently trading the "sinus waves of boringness" - up down, reaching the same resistance points, down again.
i make a wild guess: with 90% chance we will see a breakout to the top.
reasons:

• pump attracts new traders, more liqduity to pull pump & dump
  
• the downside (support) has been teste for some time, there is a strong level where many people don't sell currently below this point - ~ 10k$.
  

15 Sep 2019

Nota

Udpate: The sinus wave pattern is active still , bounce up and down when the high & low limits are reached but the wave is a bit out of sync with my drawing.

We have not broken down on the up or downside, waiting for price action! Still I think the chance is high we have a breakout to the upside, that's why im Long here.

16 Sep 2019

Nota

Oversold alert, I repeat we are OVERSOLD! Don't worry, we will go up again.

Don't worry we broke the downside but I am sure you guys trade without margin or low leverage so you hopefully did not get liquidated when we just breached intraday support (breakout to downside).

19 Sep 2019

Nota

Update: My idea was obviously wrong, again bitcoin fooled a human ... Big dump today, broke the support

19 Sep 2019

Nota

Update: Crypto markets are a joke, bouncing up and down like a jojo almost 1k$ - on the same day hundreds of dollars like.

Someone is maybe trying to push through stop losses, limits orders and such? Trying to trigger over leveraged orders to get liqidudated maybe? I have no idea...

19 Sep 2019

Nota

*edit, sorry, i meant this: hundreds of dollars like its fractions of a cent that are the difference lol