


As I said before, enter the zone of little to no resistance or support! We never went down for restest! So still be cautious..... Happy trading, some good money to be made!
Last time I said you can play 2 ways 1. Break of trend or 2. Break of neckline, wait for retest, jump? At this point neckline test will be best (short of long) Looking for a break for 6.8 and then 7.k that would lead us to a new(old) trading zone/range of 7.3-7.8k Please DD! GLHF...
Need to break downtrend to form possible H&S Ways to play 1# run it up to neckline and out 2# wait for break of neckline + retest +jump MUST BREAK DOWNTREND before the above can happen if not another leg down to 6.k break would lead to 5.7 or below (cringe) indies RSI = oversold heading towards 50% downtrend test coming possible h&s formation...
Big blue 6.5k broke which lead us to go straight to 6.25~ we've entered a pretty strong liquid pool for btc and price still bearish signals here until a little more stability expect another bear push before run up
like i said this could happen faster/slower. seems like it went faster than expected and broke all levels of support. expecting the next couple of support lines to fail with current momentum broke back into the downtrend 6.25 and then 6 k if we fall below 6 expecting 5.8-5.7 for next bounce In all honest i hope this does not continue but you have to play...
Hello drew up a couple scenarios scenario 1 we test 6.6 and go u scenario 2 we test 6.5 and go all the way up scenario 3 we crash and burn ll of these can happen relatively quicker/slower then what i am portraying break of 6k will get us to ATL but before 6k there are two other support levels 6.4 and 6.2 Good luck this week I will keep this updated daily if...
sorry for the scare with H&S(still possibility) but my initial outtake was correct but a little later then expected. I think if we go above 6.8 we go to 7.3-.6k I can see us winding down to 6.7 to test support and make a bounce above Good luck fellas!
4hr chart, could not stay above the downtrend' H&S and break of 50% RSI 4 hr to me it spells trouble I really hope im wrong but it looks clear cut good luck happy trading This is not trading advice, trade at your own risk.
Hello bringing you guys another chart on $BTC Third rejection on small time frame on existing downtrend Looking for a close on hourly above 6.6k to make gains into 7k If not we might see 6k again on large scale.
Look for a bounce, if not we're back at 6.5 Break of that = 6.2 I'm hoping that we can bounce and range above 6.79 which will take us into the 7s-7.7k range Good luck, happy trading!
RSI >50%. Look for retest of downtrend before more upward movement. Proper setup and execution.
Have not met someone that is clairvoyant. Yet. Binance $SYS meltdown caused a drop is price. Looks like were well back on track, might be delayed by a couple days. Could see the price go to 6.4 again to make sure the support is there before a run but given the circumstances of the price drop I think we can get past it back to or near the levels that we were >...
Brief overview of the foreseeable future. Retest of 6.5k Success. Catching momentum here into the weekend. Long term downtrend at 6.7 - 3rd rejection would bring us back to 6.5 for double bottom. Double bottom into downtrend break and headed to 6.7k Break of 6.7k will lead to bullish run up to 7.3k - 7.4k before we reach strong resistance levels.
With everything that has been going I can only see fit that $LTC makes a run late May/Early June. This is will happen alongside $BTC. Let me know what ya'll think.
we should see a bounce here quite possibly. Some key resistances along the way. What do you guys think?