After breaking the H&S we tagged the neckline, 1/1 Gann angle and 786 fib
I'm placing my orders between $7982 and $7930
Probable DBL TOP (M) forming, Bearish div in the RSI, Willy stupid, M forming in the OBV risk 0,9% of the position
I can't find a reason for not entering a trade
That would be a nice inversion pattern
I can't find an explanation for this. It is just wild!
I'm looking at a probable base around $5400-$5500 for the begging of a new parabola, only time will tell.
I'm not a big fan of the smma but I'll take it into consideration
The blue line is the 200 ma and the orange the 200sma
The daily RSI is at 22, I'm expecting a bounce from this oversold territory very soon
We are trading between two important fibonacci levels the 0.618 and 0.382
A smaller HES is forming on the 1hr chart.
A break of $10800/$10900 will confirm the pattern
Bitcoin is changing trend
The 20 EMA on the weekly is around 9250/9350, will BTC bounce from there?