#Bull or #Bear? choose your side & comment down below! i am short for now, i see this as possible double top as well as a bullish bat on smaller time frame i think we will have a fake breakdown of the triangle & then we will push up to 9876
#BTC inside a triangle yet again, last one had a fakeout so let's see how this one goes Short first then long again at the green support
Bitcoin is trading inside a triangle, I am having a gut feeling that we will break on the upside, I am currently short from 894x, i was long from 8566 closed around 8850, I will be HEDGING a long at possible right shoulder that is forming on 1hr I have been able to scalp this 400$ moves inside the triangle pretty good, in the last 2 trades my account is up...
in my last idea, I clearly said this up move is nothing but a dead cat bounce! we are heading lower whether you like it or not now we finally broke the rising wedge & if you zoom out a lot worse is to come!!! BE PREPARED!!!
Short sell soon as per the chart, current move up is a Dead Cat Bounce, in my opinion, we should see another move down soon.
we are inside an ascending triangle - also looks like a possible triple top looking at line chart, we can clearly see a H&S formed risking a short at mark price with targetting golden pocket
Gonna risk a short, there is huge FVG below & possible double top forming, expecting at least a move down to golden pocket 0.618-0.65 i have set only 25% of bids set for now, res i will update once we get there, i don't follow FA but i know it plays a role so if you are not risk taker be patient
I know I know TREND IS BULLISH, WHy are you shorting!! look at 12H - I see potential H&S formed - also, lookie where we stopped????? & & how perfect targets of H&S lines up with the Bearish BAT!! it is risky but if works out will be a good setup so take the risk or lose the chance #DYOR
this is for investors same i have posted many times before, Long term i am extremely bullish on Bitcoin!!!!! Any TA guy will tell you we are looking at the Bullish Pennant along with a Triangle, now the simple rule is to wait for the breakout on either side & then enter in the trade, so if you are conservative & not yet bought BTC you could wait or you could have...
will take a final short at 10761, which I have always wanted to short back in February DON'T BE IN DENIAL!! BTC WENT DOWN FROM 8k to 4k in the span of 2days, there are lot of big people(whales) who have gotten in below 5k range!! IF WE DO BREAK ABOVE THE TRENDLINE & Close the weekly candle above THEN TARGETS ARE NEW ALL-TIME HIGH!! all the leverage swing...
Price rejected at .618 the trend is bearish looks like we will continue if H&S idea works out then I will just keep moving my stops for the bear flag targets #DYOR
i have shorted this setup, currently running in profit let's see if we hit full tp
#bitcoin price 10761 - My old nemesis last time i missed a Great short!!! IF #BTC follows my Red lines then will be dream come true!! i am keeping an eye on this triangle, this is purely from investor's perspective!!! NO LONG OR SHORT JUST FOR BUYING & SELLING< this is the mother of all triangle!!
my initial idea was of ascending triangle but we didn't had good enough follow-through now giving it another thought I see this more as a wedge instead of Triangle also we might be forming a Bullish BAT, look how good 0.5 FIb level lines up with the trendline support i will risk a Buy or long at 0.5 with higher target as per the chart, this wedge is a rising...
Support held nicely, targets mentioned on chart zoomed out, looks like a triangle, not the prettiest but indeed one, if DOuble bottom plays out this will moon soon #DYOR!!!