Is there a trend in the correction? During the two previous events where BTC hovered at a support level, both events lasted approximately 7 days and then BTC took off for another run, if there is a pattern we may see one more day with BTC struggling to get past the resistance level of €50k euros but by the 23rd March with luck BTC may return to recent velocity and...
More points of support and resistance to show my bounces
This is probably not even close because I think everything is going to go up with BTC, but.... I guess this is what I think would be a funny conclusion for BCH
Just my thoughts. Probably not 100% accurate because I am just learning t.a., but I expect to pull back a little from that last jump. We will see the halving coming up in about a week. And we should start to see some more media coverage and a move up. We will see
This is just a beginners view so don't go all in because of me. lol
Coming to another point where we will make a move. I personally think we will keep consolidating and then have a slight pullback. Maybe I am just being hopeful so I can make one more purchase just under the 7k mark before we shoot to the 8k-9k range. Keep your eye out. It could go either way at this point
I went long at the yellow highlighted area where I hoped it would keep the bull trend going. The last two purple highlighted areas seemed like a on going pattern where the third purple area near the yellow, is doing the same thing where I predict it may follow the dark green and dark blue lines, getting as close as it can to 113.000. If it does not go that way...
Double Top/M Formation. Confluence with an uptrend on a Higher Time frame. Approaching Significant S/R Zone, confluence with 23.6 Fib level Thoughts?