Margin position grow btc fall) And where this guys think close position)
We are now in a Support Channel area .. We could be up for a bounce and support must hold so we could expect more upward momentum in the coming weeks If not .. we may see further downside and breaking every support that we have .. Put your stop loss below the trendline .. Low-risk Entry 6700 -6900 Interim Target 7700 - 9000 area For Spot Trade and Swing Trade only
If 6300 holds. I see Bulls coming on and commenting and saying...HEY FOOL WATCH THAT WEEKLY SUPPORT Weekly support did a perfect bounce off the 800 MA. That being said I posted this idea as the weekly to show you what others are telling me to keep in mind. If so this is a left shoulder or a HEAD on daily
Just taking a look. Keeping my ideas open. I am looking for Stoch to show max seller pressure with 3x %K %D crossover points similar Oct. 23 - 25th range with another dip close to -472. I am looking for a 25 degree channel bottom curve to confirm another leg up on the 2HR timeline. This would give us a pullback to around 8,400 (61.8%) before another leg up to...
A good follower of mine reminded me to take notice of the volume and momentum of this recent charge in BTC. This leads me to believe that we could be breaking out of this flag right now on 4HR and rise to 11,900 zone. A daily continuation of this bullish impulse above Aug 2019 high will make this idea possible. Usually when we get such massive volume into BTC we...
As we cont. to watch BTC..we can get 3 options here now. 1. An INV head and shoulder support out of the channel and a break OUT to 10,200 or a "leaning" INV head n shoulder. 2. A False INV head n shoulder to fall to point B back at the most recent daily LOW. 3. A Symmetrical triangle begins to develop here. As shown with the pattern on the chart. I am SHORT...
After showing such a spectacular run up from 10k support, the run up is looking exhausted, however, the liquidity pool at 11130 seems to be attracting price at the moment. I like the R/R for this long setup, as it gives a clear invalidation level at 10700 as we witnessed a clear stop run before the push up. However, I am wanting to keep my risk lower and use a...
Please make sure to have a look at my longer term view of Bitcoin prices to come in the future. For here and now we have a simple opportunity to continue to follow the recent price action and further wave of positive price movement predicted to establish. For now my opinion is to open a long position with a profit target to close of $5850 (just below the...
I know im not using the correct terms, its only some analogies used to see the 'fair' price equilibrium theory in practice