CorpoJay03

CorpoJay03

KUCOIN:BTCUSDT BTC seems to be trading in this bearish rectangle since the 17 Aug drop to 25k. I remain neutral leaning bullish because a POC and significant resistance exists at 25,900-25500. I have measured moves to 31.5k or 21k. DCA and accumulate. Always buy into USDT as well. Happy Trading!

CorpoJay03

BTC is experiencing whip saw action with these H and S patterns. This is the 15min. Can take us down to retest the initial break out. Happy trading!

CorpoJay03

Inverse H and S pattern played out perfectly between 10am-10pm EST. Bearish confirmation would have been if BTC traded within the bearish rectangle. Length from bottom of head to neckline would have been a measured move to 25400. Yet, this price pump so late is something to be on high alert! Happy Trading.

CorpoJay03

KUCOIN:BTCUSDT Price is beginning to break down at about 25700 which is now resistance and a POC. The entire market is red. I am eyeing 22k and lower. I believe people are already anticipating a red September and letting the price drop. I would be weary of longing lower prices until we see significant accumulation at lower levels. Look for a reverse H AND S...

CorpoJay03

KUCOIN:BTCUSDT Looks like 25900 is becoming significant resistance. This is a close up of the Right Shoulder on the 4H. We need to have been higher already. Liquidity is obviously at lower prices. Open interest is low and at lower prices I fear interest will sink with it. All this means is save your capital!!! Happy Trading!

CorpoJay03

KUCOIN:BTCUSDT Head and shoulders playing out. Left shoulder high of 25812 can not be broken in order for valid confirmation. The true savage has shorted since the head, but essentially you want to wait for the retest of when it broke the neckline to short. Happy trading.

CorpoJay03

KUCOIN:BTCUSDT KUCOIN:BTCUSDT Left Shoulder 26830 Head 28151 Right Shoulder 26450??? As long as we do not go over 26830, expect lower prices. BTC bearish trend most likely to continue. Target: 22999????