PANORAMA BITCOIN 29/11 - REVERSION PATTERNHello friends!
I bring here an idea about BTC.
See that the price is at a bottom. And next to this background we see what appears to be an OCOi (shoulder head shoulder inverted).
This on the daily chart can be very powerful.
See that the projection of this OCOi is the 50/618 fibonacci zone. Precisely a fighting area between bears and bulls.
In my view it is possible to see in the next few days an impulse towards the 18k area.
And what do you think of this idea?
leave your comment and also leave a boost to support my work!
To the next!
PANORAMA
HKXHKD50 || HK50 || about 10:1Trading a perhaps* Bearish flag.
*Perhaps, because, despite such Bearish momentum, anything aye still possible.
After TP1 clicks, If the market shows more of Bullish possibilities. Then RR should be... you know what, "hold my drink"
Ok,
For trade, setting two entries. Same SL, different TP.
If TP1 hit, and TP2 doesn't. Then RR becomes about 9:1, instead of about 10:1.
This =/= break even.
@Smilq
Panorama BTC: 06/25/21 - Invalidated the climb?Hello friends!
BTC yesterday rose to seek the gaza range, depicted in red on the chart.
But as pointed out in the last review we posted, sellers showed up and threw prices down.
We are now in the buy zone depicted in green on the chart.
I believe the movement described by the arrows is possible.
Another possibility is to go back even further by retesting the broken channel line.
In my humble opinion, we have not yet invalidated the upward movement.
Worst-case scenario we'll go back to testing the 30k.
I hope I helped you!
I ask you to like our content and comment your opinion!
A big hug and see you next time!
Panorama BTC: 06/24/21. 42k Target?I speak directly from Brazil. And sorry my beginner english. I'm bringing my humble opinion about bitcoin .
If you want to talk to me, send an inbox message, or click on the footer of this post!
Disclaimer: The above comments reflect solely my opinion, this is not a buy or sell recommendation. Just a series of published studies, so that together with the community we can discuss operational tactics and techniques.
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