Here is what I am looking at for Bitcoin. I show Critical Key Levels in the Blue. I believe that we actually needed this Dip down to the $55k - $57k area to form the Lower Low. Then look for a real blast off leg up. Possible to consolidate for a little while... a few days to accumulate though .... If it does drop more to the next key level then really...
waiting for the next candle close to break bellow H4 Mid BB. then enter the sell
MONTHLY: Red DAILY: Moving Down, halfway up to Top BB. Just broke below the 50ma, Stochs @Bottom. H4: Downtrend/Extension.. BB is @Key level. Price Between Mid & Bottom BB. Stochs Close to Bottom. H1: Down/Retreace Down as long as its below the Keylevel., just below the Mid BB, & 50ma, Stochs Mid, 15m: Price moving up from bottom BB at 50ma, Stochs @Mid Looking...
MONTHLY: RED DAILY: Uptrend/Retrace, heading down to the Mid BB, Stochs @Bottom H4: Downtrend/Extension, Price @ Bottom BB, creating double bottom, Stochs @Bottom -- nice W formation too. H1: Downtrend/Extension, close to Bottom BB, Stochs @Bottom 9:05 pm Sunday - price came down to H4 Support and I set a Buy Stop just above. with a 40 pip sl.
MONTHLY: Green doji DAILY: Uptrend/Extension, @ the 50ma, already pulled back from Top BB, Stochs Bottom, Moving Up H4: Uptrend/Retrace, Price pulled back to Mid BB, & 50ma, with Key level, Stochs @Mid, H1: Uptrend/Retrace, price came down and rejected the Mid BB, @50ma, stochs 3/4up
I will be looking for buys in this upward trend channel still until I see a break in trendline. refer to my TDA box.
Looking for potential break & retest to the downside