


YEHOK
ANTICIPATING A NEUTRAL PATTERN HERE TO PLAY OUT. MY PERSONAL BIAS IS A BEARISH MOVE TO THE 21 WEEK EMA CURRENTLY AT 21K. THIS IS NOT FINANCIAL ADVICE AND NOT TRADE ADVICE. THE STRATEGY HERE IS TO PLAY THE BOUNCES OFF CONVERGING TREND LINES AND NOT TO TRY AND PREDICT WHICH WAY IT WILL GO. SUPPLY AND DEMAND ZONES ARE MARKED ON THE CHART. A BREAK UP WOULD LIKELY GET...
FALLING WEDGE AND BULLISH DIVERGENCES ON THE INDICATORS. CHANNEL SUPPORT AND MONTHLY DEMAND ZONE. A REVERSAL IS TO BE EXPECTED. A BREAK DOWN OF THIS CHANNEL WOULD NULLIFY THIS IDEA.
RSI FALLING WEDGE. MACD/RSI HIDDEN BULLISH DIVERGENCE. $750 TARGET
When / if this pattern plays out we should see a sizable fall in equities/Gold/Bitcoin.
1H hidden bullish divergences with a rising triangle. Target is the measured move and 1.272 Fibonacci extension.
Hello all and good evening. In the last update i mentioned that btc would likely test the ath by the end of the year which we have now seen. The chance of a pullback here is extremely high. A move to the 21W EMA would be extremely bullish as this is also the 0.382 fib retrace.
Potential head and shoulders pattern forming on the weekly time frame setting up for a reversal.
Coming up on 11 years and only 2 red candles for BTC. $13,900 is the level we need to close in order to be repeating this same pattern for the last cycle. 3 years accumulation just like last time. If we are to follow this we should be testing the ATH by the end of the year and 2021 should be the start of another leg up. People are throwing some really large...
While this pattern is playing out expect equities and commodities to move down. If DXY breaks back above this trend line it will be bullish for the dollar and bearish things like Gold, stocks and Bitcoin. One should expect this trend line to flip as a resistance before continuing down. This is not trade or financial advice.
If you have been following you would know we have been expecting this channel to be playing out since the $11,150 high. Currently at the EQ of this channel with the resistance point at the next major supply area near 11.4k . Expecting a major sell off at this area but in my opinion is not an area to short, only to take profit on longs. We can see bearish...
I challenge anyone to find something bearish on this chart. 2+ year trend line broken and back tested. Descending broadening wedge broken and back tested. 21W EMA support for 4th week in a row. $10,550 critical resistance flipped as support. Weekly stochastic RSI reset looking to cross bullishly. Price tends to moves in channels and currently we are rising...
Ascending channel support with MACD and Stochastic RSI bullish divergence. Max fear = max opportunity Not financial advice.