Issue with the candlestick scaling with price on the Y axis. Not sure how to fix this.
GBPAUD showing signs of major weakness. We can see BMS which indicates further downside. Don't think support will hold here, good chance we hit sellside liquidity as shown in the chart's target area.
We can see support holding at 10 sats. The dip down to 9 sats was immediately bought up. Combined with a catalyst I can easily see this coin go upwards to 37 sats.
Zooming out there's a massive accumulation area that hasn't been tested. If price bounces off the point of release (shown by the yellow line), I expect we test in the gap area (FVG).
TDI showing bullish divergence, higher low and price hitting OTE.
Testing a new system, have asks setup in the highlighted area. Main target is to break yearly lows.
Lows swept on 15m and 4h. DXY also looking strong which should correlate with this upwards trend.
We had a typical short squeeze run. This was the void needed to create liquidity for further downtrend (unless we break the 7800-8200 range). Price is still below std dev 2, so this will be a major test for BTC to determine which direction it's heading. Since there is no confirmation that this bear market is over, assume we are still in an overall downtrend....
Filled shorts in this range, targeting 6580 (which will then flip long)
Nice hold over support, currently in a consolidation phase. Not to mention the fundamentals behind this coin (great team, lots of events coming via roadmap, partnerships, etc.) will most likely send this coin flying. With alts also approaching a bottom, this coin could be a big runner.
Let's see how well this plays out. Previous bottom from 3k showing very similar fractals here. If this plays out, this could mean bottom is in.
You can see a consolidation phase outlined in the red box, steadily holding for nearly 3 months with no significant movements as opposed to other alts. Support has yet to break, so this is an amazing long opportunity.
Fractal from the very start of the previous bull run. Scaling the % increases leads us to 33k by halving in May 2020.
Descending broadening wedge pattern forming on 15 min chart. I'm long from 10023-10060. Let's go!!
After the S/R flip we dumped all the way down to the weekly support level after rejecting the weekly resistance as outline in the chart. Notice how close weekly support is to the bottom orderblock, this is a very strong bullish signal. Wait for BTC to test 9.6k and weekly close above $10.1k, that's your signal start building longs.
Drew this a while back, pretty accurate scribble so far. Golden Ratio will be the biggest challenge in the $13k zone, but nonetheless never been more bullish than ever!
As we approach closer to the end of the year, expect further sell-off due to "tax purposes." The last dump confirms to me that sells pressure is definitely weakening, so I'm expecting a few more rejection on the upper trendline, but strong support at the lower trendline as this is becoming the demand zone. A wick to the 2850 area should be the final nail in the...
We can see a long series of accumulation in the highlighted rectangle and a cup & handle shape forming. Buy after break out confirmation 485 sats. Sell 2x