Great short opportunity here IMO the D wave up didn't successfully challenge the B wave up and now it is trapped below resistance at last point of supply... I've been shorting it for about a month but I definitely topped up when it started rolling over here and imo it is still a great entry at tiem of publishing this chart
I currently see BTC/USD as being at a pivotal price point between four different patterns that I have charted, each of which have multiple potential outcomes, given this and the dragonfly doki printed on the daily with a range from 42750 -45500 with an upwards bias until a new daily says otherwise, and all indicators saying go... I expect PAXG BTC to print a...
once again IF you invert the scale, things are looking extremely bullish
IF you invert the scale it looks very bearish... very bearish indeed.... but lets see!
Lol as I was typing this update the pa happened lol.... Ok so hopefully everyone sold that top, and reloaded a little, I am keeping fairly light bags for now until the phoenix ascending indicator shows a bounce or a breakdown from the makor resistance we just broke out of, I expect another fairly similar play but just remember, one of these times they will run...
Not down tiem yet, tp on shoerts dummy berus, wait for blowoff top then dump sillys
Seems like we are close to a point of inflection? A wave up and btc dumps into the ground and a wave down and btc bears are dead... no more pax g available for borrowing so the shorts are heavy.... Should be an interesting couple of days.
This won't end well for compulsive bears... New ath any moment, but for now be careful of the bull trap anove 39700 USD and keep some funds available if we touch down near 33333 USD, Grayscale is buying at the monthly trendline so anyone one who is dreaming about btc under 33k will be shorting straight into the wallets of institutions that know how to make...
I think we will ping the top of the bull run channel once more in the next day or so before correcting down or sideways towards the bottom of the bull run channel... personally I am hopium for a correction sooner than later but I am trying to be realistic.... this bull run although nowhere near over has severely overextended itself at this point and there are...
Maybe some buying opportunites in the coming days for the steadfast ADA enthusiast... We have failed to breakout and appear to have fallen out of our channel, probably in anticipation of the coming btc correction We are still within two larger patterns, a rising wedge within a symetrical triangle
Ada has been struggling to keep up with Btc's exponential growth, especially the Btc pair which appears to be slowly recovering from an inverse proportionality relationship that it formed with btc during it's parabolic rise earlier in the week, Imo ADA should easily be in the 18-19c price range right now and I expect to see a breakout soon... As you can see on my...
these are the lines i drew
Looks like short term bearish wedge inside of mid term bearish wedge inside of mid term falling/consolidation channel... But IDK just a noob with a short stack
I dunno, something might happen
$18530 looks imprtant Chart in AEST (no daylight savings)
My prediction is that you will donate btc andd doge to me after looking at these lines I drew on the chart and deciding that it is just as worthless as any other chart