Btmx
BTMXUSDT has nice bullish situationIf price could break out top of rising wedge it would be bullish and make 137% profits.
BTMXUSDT- Head and shoulders formed- stay awaywww.tradingview.com
A clear head and shoulders formed with smaller right shoulder with high volume. Clearly price has broken the neck tie and confirmed breakout at the support line. Downward pressure expected to be similar magnitute as the height of neckline. First target at 1.324
This is my journal, not financial advice.
$BTMX: AscendMaxNOT a financial advice.
Got -50% haircut (a very good haircut, in my opinion) and at previous high right now.
Stop somewhere below previous low AND below H6 cloud.
KUCOIN:BTMXUSDT
SHORT - BTMX - TopCouple of bearish divs on both volume and rsi at daily resistance, indicating that this pump is getting over soon.
Entry: 0.07461
TP 1: 0.06531
TP 2: 0.05802
TP 3: 0.05276
SL: 0.07805
* Not financial advice *
LONG - BTMXPERP - Trading OpportunityAscending triangle on the verge of a breakout.
Entry: 0.5292
Target 1: 0.05377
Target 2: 0.05492
Target 3: 0.05661
SL: 0.05174
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Is there any manipulation on the Bitcoin going on?!Another Manipulation from whales?! Or whales forget about us?!
Check this fractal structure on XBT BTC and compare to what is going on now, we have 3 touches of top resistance (red) and 2 touches of rising support with 3rd breakout, so will it repeat again?!
RSI long time ago showing hidden bearish divergence: Price peaks going down, and RSI peaks goes Up.
Previous ideas chart you can find here:
Weekly chart overview:
Wyckoff Accumulation and Distribution Phases on Bitcoin:
Monthly Bullish Engulfing and Inside bar (will it drive prices up?!):