TheDoublesGame

TheDoublesGame

Keeping it simple and I believe this is a high probability short here. Entry as close to $3 as possible. I am in at $2.93 Its a worthless dog in a hat meme. It does nothing. Its a picture of a dog in a hat. Its hit the target of an Adam and Eve pattern breakout. We have daily RSI bearish divergence. Higher highs in the chart and lower highs in the RSI....

TheDoublesGame Updated 

Purely hypothetical and for academic purposes only... Lose the rising wedge. Retest resistance. Form a double top. The target is where the rising wedge began. around a 25% drop from the highs. If recession in the USA is unavoidable. This may play out.

TheDoublesGame Updated 

Is this the bottom? who knows? Some strong signals here though that come around every few months sometimes the wait is longer. Should it go on to make a lower low on the chart, look for a hidden bullish divergence in the rsi which is signalled by a higher low in the rsi but a lower low in the price action. Strong resistance up ahead. My target to take profit is...

TheDoublesGame Updated 

Potentially a strong support for Bitcoin will be this ascending triangle support that equally matches the 100 EMA on the weekly timeframe. It would be scary but structurally sound and poised for continuation moving forward. Short term Bearish, Long term Bullish.

TheDoublesGame Updated 

Compared to my previous post this is the more bearish scenario. With this descending triangle, a bearish continuation pattern. Once again its all about support and resistance. Lose the red line or break through the green line. Two key areas to possibly look out at the moment.

TheDoublesGame Updated 

Wait for the break and back test of resistance for new support and keep eyes on BTC. BTC dominance is pretty low so LINK could just break away. Some bullish news recently for LINK as wall may help it on its way but don't count on it.

TheDoublesGame

Its all about support and resistance at the moment. For anyone searching for a trade this could be a possibility. We are in a down trend at the moment so wait for a break to the upside or downside and confirm resistance or support and always use tight S/L. Good luck.

TheDoublesGame

Sometimes you need to Zoom out to see the bigger picture. Its like staring up at the clouds and you have to call out the shapes you can see, some people see things that others do not. I see a cup and handle. What do you see?