ARE YOU SCARED???? BITCOIN LEVELS TO WATCHI'm watching the Bottom of my weekly OB at 7600 closely, I think we will reach it soonish and hopefully hold it.... If we break it -> weekly structure change to bearish, that would be really bad...
7600 is the optimal buying zone! If it reacts positive I will start a swing long and we will see whether the OB EQ and OB Top will act as strong resitances or not...
Noindicators
two important levels im watching for a potential LONG on btcif the 4h keylevel is broken easily and the weekly tried and then maybe pullback on to the 4h for a second try and break of the weekly? that would be bullish. Otherwise staying out, probably waiting for the pullback on the weekly key level tbh
Litecoin Channel / Key Level AnalysisJust my interpretation of the Litecoin consolidation. Short Term Long here at the bottom of the BLUE CHANNEL. Half profits may be taken at the top blue line (channel top). If price continues to hold above the blue channel, the next PROFIT TARGET will be the green DASHED line.
The DIAGONAL green line notates a trend break. Price has broken the downtrend & held above it. This could be a reversal signal, as price tries to retest the Highs.
Seeing channel analysis done in different ways helps with identifying price structure, anticipating entries, & predicting profit targets.
AUDCAD potential buy setting upHere we are waiting looking for the market to pull back into the significant zone to retest it as support and attain some convergence with it falling between or at the 38.2-61.8 fib zone. This pullback looks like it would also be wave 4 for Elliot wave analysis for even further convergence. If we get a candlestick confirmation pattern in the blue Fib area I will look to take this up to the top of area then watch what the market does next.
**Trade at your own risk. I am not a professional trader, use your own analysis as well. Trades can always go against even the best analysis.
Bitcoin - something is about to happen...Still below my weekly key level, also below the weekly open... I feel like a lot of people would expect a move to the downside seeing this chart. maybe the exact opposite will happen? I'm guessing it will be a big move up or down, too risky to trade imo, I will just sit this one out and try to catch the pullback...