Or it drops out that bottom to 13k
iH&S played out with a bounce. back inside the symmetric triangle we dropped out of for the 5k hit. Might see a 8k hit followed by a 7.2 bounce and then we can see what we really have here. 1d rsi still far from overcooked. sequential not spitting out too much yet.
I swear this is the real MVP of the Crpto Bearmarket of 2018. Inverted Head and Shoulders for the L...
didnt tag properly. so reposting
Weekly showing a great setup. SL at 70 flat. Let her run to 200s.
The 9 would land on the week of July 9th. just held outside the resistance we have been under for weeks, might get a nice run to $8k. 1d keeps bull flagging. Watch for the bull traps...
Stuck under this resistance from the original breakout. A rejection would retest the lows and honestly prob break the 6k floor. If we break it 13-14k is on the table
considering the history, this might breakout in dramatic fashion i guess the lingering breakdown of BTC would null and void everything, but worth a small bag imho. really, anything past 590 is go time.
Been burned by this coin many a time, still coming back for more. SL at 50,000 flat TL with a a nice 50%+ target. If that resistance breaks we might be in for the higher fibs. ill update it.
Great place to enter after the (very suspicious, unless btc fomo sells in alts) dump, and we already saw the first fib get hit. this chart speaks for itself. The targets are the fibs.
hit the 1.618 like DING. way overcooked. needs to cool off for a couple years.
since we breached the TL, the next area for a bounce is in blue.
4hr shows a small bounce on the table. 790s is last major support. Breached the TL from last run (mainnet hype) I am a buying in the low 600s to high 500s.
Wow, never charted the 1m. What an insane bubble we are in. nothing until 19000-16000. even then, i doubt we find much support until 14000s.
looking for a 90k hit. last resistance is fast approaching. Stoch and Rsi showing bottom.