We might be in an symmetrical triangle or is not the prettiest but we might in one, I swapped to an small long as I think we will hit the top descending resistance line once more, Also going long at this moment before we see an sudden weekend pump, Also it looks like btc closes above the 21EMA again still soon to tell though, Targets long 11400 Short 10400 We...
Chart is zoomed in zo this really doesn’t have to happen, but how it looks right now we have an bearish head and shoulders with an neckline at 10850 Target 10600 Fir me bearish target is 9000 after that holds we might go test for an break above 12000 But after the 2k dump I am leaning a bid bearish even after this 1k+ move up
Many people think the CME gap will bounce btc to new highs! In my perspective this looks to be one huge fomo/bull trap. If the gap isn’t filled fast after it is made don’t thrust the gap Look at my arrows latest gap for shorts wasn’t filled fast after it was made and look what happened who ever shorted there and expected an hard drop got REKT! Of course this...
Old daily ascending support acting as resistance, just watch out a bid with longing.. Short term I still think we have to dip below 11k I’ll change bullish when they get a daily close above ascending line again.. Low volume rise isn’t the best for bulls in my opinion, it would have been better to consolidate more then just puttting a small new leg up. Now...
I already shorted lower, felt lack of volume and and didn’t expect to go much higher. The bullish Adam and Eve line was drawn on the 2h, we had a fake down and shoot up, only ones we got close towards the 21EMA on daily frame volume died.. Now we have an 2h candle close below the ascending line and potential resistance line.. This might indicate that the...
After going down for a few days we might be going bullish again Potential Adam /Eve ftom the double bottom we see on the chart on the 4h time frame. Arrows pointing out an bullish divergence Green lines are support Yellow lines potential support Orange lines potential resistance And red line should be resistance The orange line going up is the old weekly...
I am starting to stagger some small short orders here untill 7020-7030 stoploss above 50MA 4h Starting to stagger here because 6950 have been support / resistance in the past so this could be the roof of resistance, Neckline after 6600 Target 6200
After we broke a rising wedge on daily we have pumped back up to fill CME gap, we got rejected and probably going down now. Target is 5450 for ascending weekly support and 0.786 fib both located there, if we drop below this lvl we can test back down towards 3850 for a double bottom. After the massive dump we could be forming an bearflag on weekly frame as...
There is a big chance that we will see the next big move down! This week we closed below the 0.5fib and the market sold off hard! For the 4th week in a row we see big sell offs. There is also a big chance that we will go for the 5th week in a row! If we close below the 0.618 and below the 100MA we could see a big move down again! Also when we close below the...
Btc testing falling support again! I tried a long here, burning that line breaks it is cya bulls
We probably still are in a bear market! We have seen a great pump to 14k.. Here was the 0.618 fib for bears! New bull market could happen when the white line is broken, this could be a monthly descending resistance!
Looks like TRX is at upcoming support now, slow movement but looks to be a steady line up.. Targets long 1st 0.00000255-0.00000260 2nd 0.00000270-0.00000275 Also a possibility that it breaks down Targets short 1st 0.00000200 2nd 0.00000180
In the 1-4h charts there is a slight chance for Adam/Eve pattern, we have had our first dump retraced fast and today we have are 2nd dump retracing slower.. This pattern doesn’t play out many times but it has some sentiment there is also a small bullish divergence on the 4h but on the rsi have buy support was broken down.. so i don’t give it that much value.. If...
Both direction can happen! 4h might have an bullish divergence, but sell pressure is big! Target short 7200 Target long 10000
Looks like an bullish divergence, but there is also an descending resistance.. Short term target 8950 If rsi breaks above 51-52 on the 4h this could have a very nice pump, If they break below upcoming support line on rsi this can still go deep.. If break below 8500 we could see 7300.. But for now short term bullish if descending resistance is broken on rsi we...
If we break up target 9k-9070 100MA 4h Break down 8200-8300 If we break above the 100MA this could be very bullish and the dump of yesterday a stop hunt.. I still lean more to breaking down because a lot of longs could still be piled up here