$BTC / USD 4H "Can chop longer than you can stay sane" ~$18K dip$BTC / USD 4H Chart
- no indicators
- support levels in green
- resistance levels in red
Bitcoin pushing a breakout of the historic $20K all time high. No need to fight the clear trend here, but try to avoid getting chopped up. I think there is potential for Bitcoin to range around $18K (white box on chart) for a little while before retesting the top of the channel. Chop trading plan - buy the dip around lower $18Ks, ideally play the ATH breakout with a retest of around $20K and then the real fun begins.
Dip
Great long opportunity incomingkeeping this quick
Red pencil line represents a quicker move than anticipated. This is if energy holds strong however I dont believe this line will play out.
cyan line represents a more realistic accum session. this is because I dont believe we will have very long around 430+, therefore the pre accumulation will trade lower than desirable.
Gobble up anything below 400 for this one. Ride er up
T1 436
T2 443
T3 450 OBO
BTCUSDT - ZERO HOUR? Quick hourly chart watching: Potential H&S?I don't usually look at hourly, but I felt compelled today for some reason. More coffee than usual perhaps. Here's what I see right now.
Looks like we're posting a head and shoulders. keep an eye on it as this is a formation we generally see before a big ole' dip.
This would turn yesterdays pump into the up side of a BART. Which it does actually look like.
We're above EMA on the hourly charts. Not as big a deal but hey, its there.
Also we've been in a clear descending channel. If we take the channel from the 19th we're right at the top right now.
Could be the deciding moments in the next little while. Exciting.
Watch the previous high, or the potential head in an H&S. If BTC can get over this it will have avoided it's dreaded formation and may test upper limits of 11k.
If we post a shoulder (below the high point marked) expect a retest of previous support.
Good luck everyone and be safe.
TESLA: When Is The Next Bounce?NASDAQ:TSLA
DISCLAIMER: This is not a "technical analysis" and more of a "hypothesis" for my future inquiries with this stock. I am personally an optimist for the EV industry and hope for it to grow.
TESLA stock price seems to respect the 200 period simple moving average in an hourly time frame. Since the 'golden cross' in late March, March 30th to be exact, the price has bounced off the 200 MA at least 'ten' occasions. Even if I don't go into all those pessimism regarding the company's fundamentals or overvaluation and stick to the simple trend analysis, the question remains: "when will be the next bounce?" Or is it a break of structure?
If you find this interesting then please let me know your thoughts. I will be posting more in this topic in the future.
XRP Daily Dip?XRP followed bitcoins pump and didnt manage to reach the intended 61.8 & 78.6 retracements.
However if this daily fibonacci inside the overall (BOLD) fib would come through a pull back on or around 23rd July close/4th July open.
This would be the ideal scenario for one last dip to fulfill the long term retracements.
However with all the news out in the last few days and more to come the speculation may keep it going higher, keep an eye on BTC
S&P 500 LOOKING FOR A PULLBACK!There is a nice trade possibly aligning on the S&P 500. Currently we are approaching a major resistance level. I would expect a pullback in that region but i would see this pullback as a nice opportunity for a trade. A pullback would put the indicator on the chart into a perfect position for giving us a buy signal.
Wow. I missed this drop. Will it go lower? Fuck. I’ve been waiting my for this drop since March 20th. I thought it wouldn’t happen cause it’s been so long. And then it drops to 13x... what a joke. I put an alert for 140$. Hopefully I get notified.
BSV you sneaky little hoe. Wait till I catch you. My fault for not putting an alert. Wow.
Enjoy everyone.
BSV, were the odds in our favor? Time to allocate a little bit.Bsv finally took a dive down. Now we can enter some positions if we like or we can wait for it to go lower. If I didn't already have positons in at $180, I would get in right now. With my current positions at $180, I think it would be good for me to accumulate, I did sell some of my positions at $215, it wasn't much but still accumulation. You're gonna win so much you're gonna get tired of winning, but not really.**
There is a possibility that BSV can go lower.
I wish Bsv can go back down to $150 but I'm not sure what's gonna happen next. In this case I'll enter 25% of my available funds into this price, if it goes lower I'll add another 25%. Eventually I'll be all in and hopefully I'll be at the bottom. I'll share and post what I do on here.
I hope you're all safe during this drop, waiting like a predator for their prey.
Happy trading all. I'll do a in depth analysis tomorrow.
Please do your own research and analysis before risking your money. To minimize risk always wait for a dip before deciding to invest or not.
Cheers ))