We did a breakout and now we wait on 4H timeframe for the confirmation of the pullback from 0.00000838 level. Weekly timeframe MACD makes a green cross. Reward : Risk ratio is nearly 2:1 for my entry. Please don't take it as a clear instruction for your actions. Thanks for your attention.
It still doesn't look like a proper bull run, but it might be a beginning... We have just retested the breakout of MA200 on the weekly timeframe which was also in my opinion a neckline for inversed head and shoulders. BTW the MACD indicator on a monthly timeframe ensures us about bullish momentum. After that we have also got a breakout of the important level...
INTC just had a triple bottom on a weekly timeframe, and I have just made a super late entry for a long position after it's pullback from the neckline. There will be another safe entry after the price breaks out through the upper part of the ascending triangle.
On the chart. Please always follow only your own strategies. I am super grateful for your attention! Thanks! Leave comments and likes!
On the chart. Please always follow only your own strategies! I am very grateful for your attention! Thanks! Your likes are appreciated.
I personally think the price is rising up considering 1D TF. But we are in a critically important area where buyers should hold the lower border of the ascending channel and sellers massively trying to break it down. We will see in 4-5 days. It's not a professional recommendation. And of course, don't follow personal ideas. You only follow your own thoughts and...
In short term, there are two options purple which is more probably in my opinion especially if we breakdown the 246 price level and dive into the area above uptrend line 1 otherwise we go over the green scenario and bounce from uptrend line 2 to the correction downtrend line 1. Let's see what will happen! Any COMMENTS Likes and so are very WELCOME! Thank you...
If we breakdown purple support we possibly could fall to the middle of the bigger channel on 1W timeframe. Currently LONG.
Everything is repeating! Cycles...
Great technologies, Great numbers. Up to 1000 at least in my opinion.
BTC is currently very close to the psychological 50k level and I think it has every chance to rise higher exponentially, while a return to the upward channel is unlikely. Fibo did not even touch 23.6. What do you think?