PHMoneymakers

PHMoneymakers

Bitcoin seems ready for another drop!

PHMoneymakers

Unless Bitcoin breaks above $57k on the 4 hour candle close, I will be expecting a sell off at any of the regions located on my chart. Be cautious and take risks under consideration. Half of of my long position was close at $55.5K and my other half of position will have stop loss on break even. As of now, BTC is still looking weak and with a lower high printed...

PHMoneymakers

Update: As per TA. You can clearly see the pressure within the zone I located on the chart. Rejection would give us the better entries. Bitcoin will need to push hard with volume to overcome the golden pocket region of retracement. Thanks for the support and likes!

PHMoneymakers Updated 

Just a little reminder and update. We are still very much in the price regions of a decision time. Consolidation here at the critical zone would worry me. Higher Lows and Lower lows would make me bearish. NOTHING BELOW $61K is bullish to me. I did expect a bounce when we were at $47k all the up to the current price and even max price up to $56+/- This is my...

PHMoneymakers

Time to pay close attention. Only above $61k will I be expecting higher highs and a new ATH.

PHMoneymakers

If you in a position with Reef or wanting to buy, worth looking at the big picture.

PHMoneymakers

So far Axax is looking pretty good (short term) but the current price will need to be carefuly watched as we face a daily resistance that once held great support. If the price can manage to break the current resistance, I do see Avax targeting the $30+ range. A rejection could take Avax back down to the monthly support (green area)

PHMoneymakers

A minor adjustment, but still on track. Watch out for the distribution area.

PHMoneymakers Updated 

Chart explains it all. Let me know what you guys think!

PHMoneymakers

Chart explains all. TRIANGLE BRICKING DOWN.