#Bitcoin Eye - Will it keep on the lower eye lid ?
MACD on the weekly oversold and turning Bearish
RSI on the weekly just dropped out of oversold and dropping sharply
But can you see the EYE ?
Let me help
https://www.tradingview.com/x/VXIaJiuY/
In 2021, this same line acted as resistance and rejected PA - Eventually, PA broke through and we hit a New ATH.
We seem to be doing it all in reverse for now....but the question is, will that Lower Eye lid hold PA this time. IT is above the low we had recently.
Its intersection with that Red 236 Fib circle, that rejected PA off the ATH in 2021 is in early June.
This has a lot of confluence with other charts and ideas I have posted.
The Green bar above that is the 72K line we need to cross and hold above.
The Red bar above that is a Dangerous area as far as I am concerned, that we will no doubt cross one day but may cause issues aroun 82K
But I LOVE that EYE that the 3 Fib circles and the Cup pattern have made.
You seen the EYE on the $ Bill ? Not going to say anymore. I told you this was a WAR between TradFi and New Finance called CRYPTO -> There are some VERY powerful people involved here.
If we zoom into the same chart on a Daily time Frame, we see very clearly, the situation we are in
https://www.tradingview.com/x/ALdtEK7u/
PA may get VERY volatile this month IF this plays out We may go over that top fib circle as previously but may drop back below...and that apex.....3rd June.
I CANNO WAIT -->>>>>>>
RSI on the weekly just dropped out of oversold and dropping sharply
But can you see the EYE ?
Let me help
https://www.tradingview.com/x/VXIaJiuY/
In 2021, this same line acted as resistance and rejected PA - Eventually, PA broke through and we hit a New ATH.
We seem to be doing it all in reverse for now....but the question is, will that Lower Eye lid hold PA this time. IT is above the low we had recently.
Its intersection with that Red 236 Fib circle, that rejected PA off the ATH in 2021 is in early June.
This has a lot of confluence with other charts and ideas I have posted.
The Green bar above that is the 72K line we need to cross and hold above.
The Red bar above that is a Dangerous area as far as I am concerned, that we will no doubt cross one day but may cause issues aroun 82K
But I LOVE that EYE that the 3 Fib circles and the Cup pattern have made.
You seen the EYE on the $ Bill ? Not going to say anymore. I told you this was a WAR between TradFi and New Finance called CRYPTO -> There are some VERY powerful people involved here.
If we zoom into the same chart on a Daily time Frame, we see very clearly, the situation we are in
https://www.tradingview.com/x/ALdtEK7u/
PA may get VERY volatile this month IF this plays out We may go over that top fib circle as previously but may drop back below...and that apex.....3rd June.
I CANNO WAIT -->>>>>>>
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