BITCOIN TRADING PLAN| BULLISH SENTIMENT|
X BTC is trading in a falling channel
X Soon to reach strong support
X If the support holds>>>
X Wait for channel breakout>>>
X Long on the pullback
X SL below support
X IF breakout below>>>
X Short on the pullback
X SL above the green level
X Targets on the chart
LIKE+SUBSCRIBE=CARMA BONUS!
Usd-btclong
Shots fired...So first of all these ain't pretty folks, I know... But, pretty sure they're real.
First, we have an INVERTED h & s followed by a h & s, I wasn't going to post an idea but I just can pass this up. Short could be lucrative as %^&*
I have to share that I actually recently got stopped out of a trade for the first time in a long time and it was almost like a relief because I was like 10 and 0 and starting to convince myself to do an unorthodox larger high risk trade...somebody slap me. lol. It was a tight stop, but I learned my lesson, anyway. If you are going to follow this idea, and I think you should, you MUST follow my updates they will be coming fast.
DISCLAIMER: This is not investment/trade advice. This is pure speculation...rhetoric, these are merely possibilities and my own personal thoughts on what's going on. Like that old story you can give a man a fish, yeah he eats today, but he'll be hungry tomorrow, you teach a man to fish and he eats for a lifetime.
I have a formula to win whether market goes up or down for more info PM me.
BTCUSD 1million in 2023 IDEA (Monthly Chart)Heard people saying BTC has the potential to hit 1 million so I decided to take a look at the monthly chart. It seems like there is a rising wedge pattern forming out and inside this wedge BTC has the room to go to 1 million. But as we know that the rising wedge is a bearish pattern the price will probably go down on some point.
This is just an IDEA. Time will let us know what will really happen. Until then I would like to see some thoughts on the idea of BTC hitting 1 million dollars.
BTCUSD - Lets go Bitcoin! Lets Go! :)I would like to pay my respects to one of the greatest minds of our time, RIP Dr Stephen Hawking.
Taking a look at the Bitcoin chart this morning we can see that we are heading into my critical support zone again, lets take a look.
I drew a fib in from the last major bullish market move we experienced, which was the rally from 6k up to the 11k zone.
We can clearly see support zone around the 50% retrace, which is very normal for this market, considering volume and volatility is down quite a bit since we first started dropping from 20k.
The support zones mentioned in the previous report are still holding, with 8800 being the final pillar of strength.
Should 8800 fail us today I would expect more bearish action and a retest of $8200, possibly $7200, if the 8k zone fail to summon the buyers.
In my personal opinion the market is looking healthy, this is only if prices remain above $8800.
If the above mentioned support levels fail we will be in for a further correction in the market and more panic selling.
Worst case scenario in my opinion is we take a dip into the 6k zone, but I think buyers will quickly step and catch the knife.
Longer term speaking we are also in the 50% retrace zone from 20k, this is considered by many as a good retracement and a healthy correction for this size market cap.