wait for convergence at the diagonal and long, be cautious as this is high time frame supply, as much as this will break up it could easily slam down too
wait for price to converge at the trend line and long into the 12h orderblock
...this does not necessarily mean we wont see spikes up higher however this is drifting closer to a correction, tread careful bullz
tron looking like it could juts neck further from where it currently is. monthly price fell hard rejection from that last pump as whales off loaded onto buyers. price has since fallen below resistance and POC if it cannot reclaim support on this monthly OB and POC then there is an empty volume gap all the way down to when it was first traded note: usually posts...
anyone looking at cannabis stocks might be eyeing up this x7 long, reasons below: - monthly macd curling up - price breaking long term downtrend - obv looking to breakout, retest of blue dotted required to confirm - good volume on this recent green candle with world adoption this could be the quick rich scheme most are after
probably one of the more technical charts ive put together recently but as you can see bitcoin is at an intersection: gann line horizontal price level historical pump/dump rsi band level a touch of the band can signal a reversal, a cross of the band can signal further movement this level truly is crunch time for bitcoin, born in a recession and facing a new one,...
channel top, diagonal trend convergence. short it back to mid channel and wait market reaction
you know what to do; wait for convergence at the trendline and brave long into htf supply, juts watch for the wick down after ;-)
text on screen, this could be the local top whilst we cool and see if market wants the extended
everyone talking about bitcoin and stonks pumping but DXY being left in dark? i dont think so... 6% move for 1% risk, lets do this!
looks like we are extending wave 5 to full fib sequence. might see some steam let off around 14800 with a little dip and a push up again to scare shorters and appease bulls then we see the big nuke occur. careful waters here for all
1) diagonal trend line resistance (yellow) 2) weekly horizontal resistance (dash red) 3) bearish rising wedge (pink) 4) 1:1 extension from 2019 low to 2020 low 5) Classic ABCD pattern top at 127% (green diamond) BONUS 6) Covid20, Economy crisis, election 1 reason to be bullish - its volatile, its unpredictable, its bitcoin!
gaps do fill, i wont mentioned the $3500 one (oops), but these 2 up here arent miles away even if it took 6 months to fill these gaps will close eventually
target is on chart, send it
paypal news and price has moved up, looks like an ok place for some whales to offload