Hey Everyone,
Long time no see here on TRADING VIEW!!!
Well... a lot has happened with BITCOIN... And when I say A LOT... I mean a LOT of sideways... A LOT of slow movement... A LOT of stop losses getting killed on certain sites... A LOT of ETF rejections... and probably A LOT more that is not mentioned here...
So I thought I would look at the daily to see where BITCOIN is headed in the next few weeks to months... and in my opinion, I think we are going to see $7,400 high over the next week to a month, then a slow decline to around the $5,950-5,850 range.
So you are going to ask... why not 4K?
Bitcoin is sitting on a long term support line, which I do not think will break. Dominance continues to grow and we are seeing day in day out, the continuing sideways action, and support holding on the retraces, which is why I am seeing that... THE END IS NEAR...
No not the end of Bitcoin or Crypto... the END of the bear market... people always get over emotional when it comes to money...
So my advice when it comes to BITCOIN... This is just the beginning... The best is yet to come :)
REMEMBER IF YOU ARE PRACTICING SAFE... TRADING ALWAYS USE PROTECTION
(minimise your risk, use a stop loss. Especially in Margin Trades) ALWAYS!!!!!!!!!!!!!!!!!!!
<3 Lisa
DISCLAIMER:
The Legal stuff - I'm not financial adviser. Just a few quick thoughts - remember you sit at your computer, you push the buttons...
PS make sure you give me a like, that way you get updates as I post them.... :) <3
Long time no see here on TRADING VIEW!!!
Well... a lot has happened with BITCOIN... And when I say A LOT... I mean a LOT of sideways... A LOT of slow movement... A LOT of stop losses getting killed on certain sites... A LOT of ETF rejections... and probably A LOT more that is not mentioned here...
So I thought I would look at the daily to see where BITCOIN is headed in the next few weeks to months... and in my opinion, I think we are going to see $7,400 high over the next week to a month, then a slow decline to around the $5,950-5,850 range.
So you are going to ask... why not 4K?
Bitcoin is sitting on a long term support line, which I do not think will break. Dominance continues to grow and we are seeing day in day out, the continuing sideways action, and support holding on the retraces, which is why I am seeing that... THE END IS NEAR...
No not the end of Bitcoin or Crypto... the END of the bear market... people always get over emotional when it comes to money...
So my advice when it comes to BITCOIN... This is just the beginning... The best is yet to come :)
REMEMBER IF YOU ARE PRACTICING SAFE... TRADING ALWAYS USE PROTECTION
(minimise your risk, use a stop loss. Especially in Margin Trades) ALWAYS!!!!!!!!!!!!!!!!!!!
<3 Lisa
DISCLAIMER:
The Legal stuff - I'm not financial adviser. Just a few quick thoughts - remember you sit at your computer, you push the buttons...
PS make sure you give me a like, that way you get updates as I post them.... :) <3
Note
Note
BTC is correcting right now. and there are a few pivot points on the chart
Yellow - Pivot at channel support
Green - Mid Support
Blue - Wave 1 Pivot
Red - Wave 5 to Lower support
Depending on the next few days and where we pivot will depend on whether this is an impulse wave or we are still very much in the bear market heading to retest the bottom.
Note
Seriously Oversold right now, so i am expecting a bounce soon. How high we bounce depends on how many go long here... but there is plenty of rocket fuel in the shorts right now... It is possoble for the wave 4 to go as high as the wave 1 low - which is the red dashed line.
We may get a double bottom here and Head up to complete that 5 wave, or it is very possible we need to complete the Z wave - either way - watch the pivot points
❣️Lisa N Edwards❣️
TRADE MY SIGNALS
gettingstartedincrypto.com/
LISABOT.TRADE
TTMBOT.TRADE
thousandtomillions.com/
ALL MY LINKS linktr.ee/LisaNEdwards
TRADE MY SIGNALS
gettingstartedincrypto.com/
LISABOT.TRADE
TTMBOT.TRADE
thousandtomillions.com/
ALL MY LINKS linktr.ee/LisaNEdwards
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
❣️Lisa N Edwards❣️
TRADE MY SIGNALS
gettingstartedincrypto.com/
LISABOT.TRADE
TTMBOT.TRADE
thousandtomillions.com/
ALL MY LINKS linktr.ee/LisaNEdwards
TRADE MY SIGNALS
gettingstartedincrypto.com/
LISABOT.TRADE
TTMBOT.TRADE
thousandtomillions.com/
ALL MY LINKS linktr.ee/LisaNEdwards
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.