TipsOfPips
Possible rejection at 0.03 to 0.032. Hard to say whether it will continue up or not past 0.033, but overall chart is bullish on the weekly timeframe. Most likely just a matter of time before it breaks the 8th of December highs.
Expecting a move up to just shy of $100k. 8.4R risk to reward. 30% chance of success.
Targeting just shy of $100k. High risk trade. 30% chance of success.
Targeting just under $100k. High risk trade. 25% chance of success.
Expecting a move to $100k High risk trade 30% chance of success
Expecting a move up to approx $100k. High risk trade. 30% chance of success.
Another opportunity to go long here. 30% chance of success. High risk trade. Expecting a move up to approx $100k
Another wedge pattern has formed. 30% chance of success. High risk trade. Targeting shy of $100k
Expecting a move up to approx $100k. I think this 3 wave move down (white pattern) is a bullish pattern for short term price action so I’m looking for lower time frame entries.
I don’t know if Bitcoin will do a v-shape recovery if it needs a proper ABC correction wave sequence (yellow pattern). I’m open to both possibilities but I am favouring a move down to approx $85k being slightly more likely. Worth taking some profits at $100k and then waiting for a break above $100k to get back in.
Expecting a move up here to last until New York Open on Monday approximately. High risk trade. 30% chance of success.
High risk ETH long trade. Could be the bottom here but I suspect there is one more move down coming even if there is a bounce here. Best to take profits and leave some running.
Nice pattern setting up on Tesla. As long as the price reaches the buy zone within the specified timing window I think this idea probably has a 40% chance of success, so great positive expectancy.
50R trade on CAC 40. High risk trade. 25% chance of success.
Expecting a move up to ~9000 High risk trade. 20% chance of success.
Targeting $140k. 30% chance of success, but great risk to reward.
Expecting a move up to the all time highs if we get a close above this range here. A close above this range increases the likelihood of a successful break of that trendline.
I no longer think there will be this liquidation move lower before heading higher and I actually think we have started the next leg up already. I base this on the election cycle and what Bitcoin previously did. Look back from week Dec 14th to first week of Jan and Bitcoin went up over 100% in 2020 with a very similar ascending wedge pattern. Almost identical.