I am starting to like these rising patterns. I am playing around with it o see how viable it is. Price is forming a rising pattern which usually suggests a break to the down side. I have entered and want to see how this plays out. I would prefer to play a break and retest of the bottom trendline but who knows. I could try short into this excitement of a break...
These ascending patterns up to resistance levels often signal some kind of reversal. It could be to start a correction or a complete reversal. My bias is a correction to go higher. I have been calling for 41k for a long time and I can either see BTC fill that wick or go a bit lower to really run people out of the market. On the flip side, the opposite could occur...
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Selling here. Lets see if it plays out Price is up to ressitance. If it breaks to the upside Ill go long expecting an impulse
Bears may step in here. 51.5k was the entry I wanted initially but I was asleep/ So this break and retest of the smaller TF support is my entry. 15-minute rejection.
Been trying to play ping pong. We may have had a bear trap and this could be the impulse to the upside to break out and make a new local high. Altenratively, I will be looking to see if we stall at the previous high and I get a reason to go short at $51.5k Taking longs here from $49700 on the 5-minute pin Bar.. Stops below
Still bearish to 41k. AS mentioned there has been similar impulses followed by a slow correction to support which followed by an impulse. For me this is the last key level if broken will confirm for more downside.
This pattern usually shows weakness. Lets see how it plays out. Also there are plenty of wicks to being left to the upside.
Bitcoin is stuck in a range between 45800 and 49200. Will it find a direction? My bias is still to the downside.. Entry is at 49000 but it does resemble a Head and shoulders pattern a lot. I am still gunning for 41k at minimum before we make a new high. It will be healthy. I close my shorts from earlier after the consolidation and wicks into 46600 I will...
Entered again after closing out some profits. Price is rejecting here so I have gone short. Pin Bars neckline of double top It took me a while to post because I didnt know you had to go higher than 5 minute time frame.
Bearish for the short term on BTC. Lets see if I get rekt again :( DOwn to 41000. I think this is a bounce to go lower. Many H&S on the lower time frames and we need some kind of pull back for a healthy uptrend.
DOwnside coming. As mentioned in the last post I will probably be wrecked but Im bear. In all scenarios that looks like an ascending triangle up to resistance. Lets see
I am not a fan of this coin but trading it is okay. INTERNATIONAL DOG DAY IS ON THE 26th so in appreciation for our lovely canine friends I will be loading up here in expectation of Elon tweeting something. Lets goo
Longs Price has printed a double bottom. I am liking this set up
Very similar charts being showed on XRP relative to the daily. Good luck I am expecting a pull back and a chance to go higher towards $2
Still holding my bags but scalping these swings to make money. Lets see how this plays out. I do think Bitcoin will have a bleed down to 41k
Nice counter trader. :( About to get rekt Let Us see how this plays out. Im liking how price is reacting at these levels. this is more of a hedge