PIVOTS
Updated
Pívot support and resistance, triangle reads above resistance. This is how we learn about the trend maybe but not always hitting the triangle target. I’d stick to resistance until further notice. The triangle I look at it as guidance in which, agrees with pivot resistance.
Bullish arrow points out next to bullish trend already surpassing the horizontal confirmation line.
Other charts are still valid. We have to take every trend by the day. We always have to keep in mind gaps and the rising wedge.
9 out of 10 gaps get filled. Rising wedges are questioned but do always delay from getting filled or at least from hitting the downtrend target.
Bullish arrow points out next to bullish trend already surpassing the horizontal confirmation line.
Other charts are still valid. We have to take every trend by the day. We always have to keep in mind gaps and the rising wedge.
9 out of 10 gaps get filled. Rising wedges are questioned but do always delay from getting filled or at least from hitting the downtrend target.
Note
It’s best to report BTC on a daily basis for short term depending on how it’s moving. It’s good to unfold long term also.Note
Slight delay fellas, ADL is on the rise because of Nasdaq then we need a little decline for BTC to move up unless smart money decides to spike it through major buys.Note
Be ready we may get a quick spike anywhere from 1k to 2k before it dips. A lot comes into playNote
Dumb money is selling off on my 3 minute time frame, smart money is still in it. I can see smart money is on a lay back mode until the most volatility is collected from dumb money and then we can begin a new bullish cycle.Note
So, is this over, NOT!Note
Still valid along with forex master patternNote
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