this wedge has a 350 target, but as expected, we broke below it due to lack of volume...
however, we are currently trying to get back in... if we do, we will break upwards, and the profits will be juicy. im buying if we get back in :) stay aware!
however, we are currently trying to get back in... if we do, we will break upwards, and the profits will be juicy. im buying if we get back in :) stay aware!
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i meant 310 not 320 sorryNote
congrats for evryone that followed my analysis.target reached.
wait for price to pass 325 to get into your next buy.. sell now! this is a zone of resistance and a drop is expected... just as i said yesterday :)
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aaaaand we're doppin! haha im very good at thisNote
cant tell where bottom is thoughNote
market is complying beautifully to my anaysis! rememeber, don't buy until we pass 325.. check my buy limits above!
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and that's why, ladies and gentlemen, we wait for confirmation :) as we can see, BTC had large resistance at 6600, which kicked it out of the uptrend channel! now we will wait and see if the 20 EMA
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HOLDS AS SUPPORTNote
(in red)Note
please drop a like if you appreciate my work, and follow me! thanks... i ain't doin this for me :)Note
Target reached. bitcoin price is 3300
now don't stress out over whatever happens during the weekend.. it's just childsplay compared to the weekday's volumes. patterns won't matter, TA won't matter, because volume is too low...
However, if you're curious, obviously the market is bearish right now and creating bearish patterns with targets around the previous low again. (TA coming soon) But i just personally think we will drop to the previous low( 5800) slowly over the weekend and once the weekend ends, we pump all the way to +7k prices. so keep a sharp eye on the market on monday :)
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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.