Price is settling on weekly support, and has monthly bull div at this level.
Weekly price has retested the BDW pattern and held at support. weary that price has lost .618 level and was rejected here as well as the short MA's
Difficult to find good entry. Going long here, weary of local low at 0.135 so will need a wide stop.
Target 1 - 0.225 @ 40%
Target 2...
LBL has capitulated out of the ascending triangle it was forming on the 382 fib.
Has found support on monthly OB and 618 level, and forming daily/hourly bull div on this level. Likely false breakout to bottom. Weekly RSI moved into oversold. Monthly RSI below 50. Expecting recovery.
Entry here possible with very tight stop for LTF trade, probably back to...
LRS currently in local down trend after upwards impulse move. Forming BDW on Daily timeframe. Recovered the 0.618 from impulse move, heavy confluence with Daily and Monthly support at 0.175.
Search for entry candle at 0.19 to 0.175, stop loss potential at 0.17 to 0.165 pending entry.
Target 2 high probability, key ML, Macro 0.618, and BDW T2.
Loss of 0.175...
I thought BTC would hit hard resistance and fall back to the $49k to $50k after it hit previous highs and have been waiting for those levels to go long again. However it looks like its forming an ascending triangle on the lower timeframes, so i've re-entered at the last low ~$54.5k.
With this pattern forming theres a strong chance it moves up to $58k and then...
IOTA looks really good right now. Think this is the setup for it's run to $3.
Daily Cup and Handle
Broken out of handle falling wedge
Retest on Weekly OB and 0.38 fib level of last major move
Targets are;
T1 = $1.7
T2 = $2
T3 = $3
