Tradingrange for Bitcoin on the 4h bottom holds strong and lots of liquidity added on the way down by bears betting on 5.5k or less
Cold form a nice H&S with perfectly timed EFT decision (rejection)
That's why I love pivot points, they give clear entries P = Pivot and target zones R = Resistance or S = Support. Target reached as soon as R or S level reached and reversal is confirmed by not breaking the next one.
Trend reversal almost confirmed next few hours will tell BITFINEX:BTCUSD BITFINEX:BTCEUR
The chart speaks for itself, V bottom Fibs and Pivots match the theory.. U can never be sure so let's see how this plays. BITFINEX:BTCUSD BITFINEX:BTCEUR
We hit a new support line, now I'm waiting for some confirmation of a reversal like described on the chart. Longs are prepared for entry and shorts stay open until that point. BITMEX:XBTUSD
It's gonna be an exciting day., will we break support or will it hold and bounce off.. Personally I think it's time for a small retracement.. this was pretty brutal last days
We repeated May but what's next, how low will we go? I expect it to either follow the trend down to the red support line or bounce a little earlier from the purple support line It'll probably bounce as fast as last time so be prepared and watch for bulltraps BITMEX:XBTUSD
It's getting hot let's break out and get ready for the run... or get rekt again like last time
CBOE/BTC Futures seem to have bigger impacts on price movement than expected
Monero is soon reaching an area where it could be ready for an outbreak
Ether will bleed some more and then get into another run for all time high