It’s not hard. In 2023 interest on savings went up interest on loans went up so market went down. The time of rising interest is over for now and for the coming weeks we can expect upwards movement. This is my opinion
Just a wild guess made for fun. But who knows.. do not take this advice and onlynuse this for fun .
Brake out of falling wedge. Price will look for the upperside of the bullflag and might break trough this time. My next target is 22350
Ascending wedge on 15 min. Usually such oattern breaks to the downside
Around this area there is a lack of buyers and we dont have any positive news to continue the trend on. This might be a H&S.
But i dont know if its going to happen. Dont be stuck in a long like me…
After the massive sell off today the market has come to peace a little bit. This is an opportunity to go long untill 20560 ish. This what i am going to do. Take a look and deside for yourself.
Just a big head and shoulders. Dont expect this is going much higher
This is the way btc is going to move for the next couple of hours. After this more down movement
First time the 4h candle closes below the major uptrend line. This was the bear rally. Prepare for new lows
I think BTC downtrent has started and the bear rally has ended. We broke through a major ascending trend. At time of writing btc moves above the line again but i thonk thats just because BTC is now moving in a descending channel. Also if you take a look at the RSI you see that every lower high results in a higher RSI compared to the lower high before. This means...
In the uptrend inside the bearflag, for the first time we see a dubble top where the 2nd top is lower than the 1st. I think this is the end of the bullish uptrend inside the bearflag.
So this is my 3th post. My first idea is still in play and my 2nd idea was quite accurate. As you can see in this post the resistance has been broken and thats why i expect more downwards movement. Next target will around 22040 ish~
Double top on 15m timeframe. I think it’s a good position to short. Bulls will always be loud, but if you take a look at the macro world economics, just use your brain. We are far away from a bull run. BTC halving is also far alway so i say: Short.. let me know what you think