This is not an advise of any kind. Just my thoughts.
BTCUSD rally coming? I think so. I believe it is breaking up although this is a 15min chart. 4hr, daily and weekly will confirm this or not later. But if I wait that much I will probably miss the boat...
I plotted the path I believe BTCUSD will follow, considering the support and resistances I could figure...
This is not trading advice.
BTC-USD seems to be inside a triangle with its apex at July 25th. Looks reasonable to think it will break up or down out of this triangle before that date.
Which direction is anyone's guess... I believe it is going down. Reason? Too much bullishness for many months already, time for a refreshing bear market before new highs?
This is not trading advice.
I am still learning. I just believe the supports I have drawn (yellow dotted lines) are likely to overlap each other in the next few days, making the 175-185 sats a region with strong support.
And if price does bounce there, I believe we can reach previous weekly high again (around 400sats) which in the next 1-8 weeks would also...
Hello guys!
This is not a trading advice. Purely for checking later which path Bitcoin decided to go and if I spotted correctly the resistance and support lines.
That being said, I believe this thing is building some sort of flag, which could break in any direction. I have no idea where it could go.
This is my first TA. Still learning! Suggestions are appreciated!
