If the down channel is broken with the Inverse H&S then there may be a possibility to form a cup and handle in the 47k region.
-kdj is crossing over with oversold rsi and bullish diversion.
-the most sentiment is the bearish meaning if we follow the laws of irony the price may go up.
Just a possibility, not a prediction, the market still looks bad.
Plus there's some heavy buying happening below.
Trade safe
Don't @ us
-Staff at the soup kitchen
-kdj is crossing over with oversold rsi and bullish diversion.
-the most sentiment is the bearish meaning if we follow the laws of irony the price may go up.
Just a possibility, not a prediction, the market still looks bad.
Plus there's some heavy buying happening below.
Trade safe
Don't @ us
-Staff at the soup kitchen
Note
Rising wedge about to drop down to right shoulder
-Staff at the Soup Kitchen
Note
Up close
Note
Will be buying back in if 41500 holdsNote
very interesting patterns. halfway to my price target however we are hallway to the Sunday drop, the decision was made to sell half.
-Staff at the SOup Kitchen
Note
Possibility of this on the daily shifted the Inverse H&S to the Daily.
Note
also the above is still possible within the wykoff theoryNote
probably last chance for any kind of breakout out of the wykoff,Trade closed manually
After selling half at the previous top decision made to abandon target at 46700, Inverse H&S now statistically unlikely, a continuation of Wykoff expect another drop sub 40k will pick up at that bottom. Remember what we said last week, statistically, Sunday and Monday nights are the best buying times for BTC at midnight, eyes on the 4th meal.Average gain Per BTC 3700k
-Staff at the soup kitchen
Note
good to sell and buy low cause look whats forming
Note
the exact formation was called 5 days ago just saying, let's see if it holds through midnight
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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.