On the 1hour candle bitcoin is trying to push up, touching it’s resistance (dotted yellow) For the 3rd time. 3rd times the charm! Let’s see how it pans out
Uniswap currently fighting to break my main downward trendline. (Red line) and possibly causing a widening wedge. (Orange) Indicators are signalling a big move. If we can close on the hour candle above the red line I will open a breakout trade. Market seems to have bounced back bullish again. Follow me for updates :)
After my analysis of DIA almost 2 weeks ago all has gone well with a slight scare along the way. Trading altcoins is very volatile but wish I trusted my own analysis more and invested a larger amount on this trade! Il repost again in a week to keep you updated :)
This is the most excited Iv been about bitcoin in a while. If you don’t know then please learn technical analysis it is amazing. We are right on the breakout line. I’m expecting a little consolidation but hoping it powers through!
It’s just all happening so perfectly. We broke up out of a multi year triangle, tested previous highs. Then came down to test the top of the multi year triangle to land perfectly on the tip. Which also happened to be a very important Fibonacci... watching it fold out is mesmerisingly beautiful
Been looking at altcoins more recently. DIA seems to be breaking out to the upside
Did we just bounce off the $361? If anyone doesn’t know what this price means please refer to your weekly chart and look left 👀
According to my lines ETH has just broken out of its main trendline resistance! (Blackline) after bouncing off the support trendline (red) Hope it pays out how I see it!
I thought WBTC price was tied to bitcoins? This chart says different. $113000 spike? Maybe it’s the tip when to take profits at the end of the bullrun!?
I really love how perfect these bounces are off my trend lines. As you can see ethereum has bounced up over the white downward trendline ( wedge resistance) and then bounced perfectly on top hopefully turning it into support.
We are currently hitting our last fib for resistance. Infact most altcoins are. Let’s see the rally commence!
Seems we might be showing a inverse or reverse head and shoulders pattern so hopefully the upward momentum will continue :)
Can anyone confirm if I am on the right lines here and that this is a bullish gartley? The fibs are close
Seems we are on our 11k resistance and also trying to break up out of channel to the upside! Let’s see how 11400-11600k Plays out
Love this trend which has continued since bitcoin was born. Above the red is no accumulation, below the green line is get a loan and buy bitcoin! The rest is self explanatory :)