BTCUSD $7096 @ 16:00UTC

By selby_exchange

Updated

1min detailing the change of direction as seen here

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BTCUSD $7096 18:00 UTC not 16:00, eyes are not working sorry

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time update to start BTCUSD $7096 18:40 UTC

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time update to start BTCUSD $7096 6/3 00:35 UTC... I have been off in every side of life today so this call may just be bunk rubbish, no one is perfect and I am grateful for the lesson. Let's see :)

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this is looking like a perfect "Hell's Gate" setup, we shall see! FWI the "hell's gate" is named after the ominous upside down golden gate bridge vision from my dreams

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time update to start BTCUSD $7096 6/3 03:30 UTC

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"Lemon Squeeze" on the 1min fully zoomed

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Charting the move for BTCUSD from $7653 to $7096 starts at 6/3 07:18 UTC

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$6847 looks like the temporary support level for BTC before $5680

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$7653 to $7096 starts at 6/3 07:18 UT

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Once again here on the 1min detailing the change of direction, look where it's heading lol

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I am afraid a lot of people are going to be upset this evening due to the false bull run to $7776, they only have 22min left to sell. This is all speculation lol, if it goes higher from here no big deal and no one got hurt... I think investors should always wait for confirmation to protect there capital investment.

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time update to start BTCUSD $6838 6/3 09:00 UTC

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really taking far longer than I had charted... learning mode at this point, sorry friends.

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this idea is braking down so I will give myself 4 more hours to see if we drop, if not I will concede failure and learn from my mistakes...sorry

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this type of chart makes me think that a reversal of the downtrend may be happening and my bottom call for the year of $5680 will not happen and the bottom for BTC is in! But yet I have no confirmation so here I sit and wait on the side lines still :( doing my best to remove the emotion from my decisions

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FAILURE! It is rare but not impossible lol. I actually learned a great deal from this charting experience for when we get close to the bottom of the next bear market. Learning how TA fails makes your future plan that much more successful and this was a important lesson in harmonics and magnetics as they associate to trendlines.

selby_exchange

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