legionaryleader

legionaryleader

By examining BTC's history, each long term swing low after our previous highs went down around 70% each. By using FIB retracement, identifying 20k as a psychological support, and estimating a 70% drop from the top, these 3 factors line up too close in my eyes to be any mere coincidence. Perhaps we won't see below 20k again? We'll see, leave your personal targets...

legionaryleader

In this bull market we see BTC leading the charge towards its all time high, 20k We sit above 19, waiting for movement, this chart shows BTC continuing to show more and more positive price action, especially with this ascending triangle. Considering this triangle is a bullish continuation pattern, right under the 20k mark, if we are to succeed in breaking...

legionaryleader

In this chart a symmetrical triangle has been identified on the hourly. It was entered in upwards movement, if the pattern should prove true, it will continue to break upwards out of this triangle to test 16k. Considering this is the hourly chart, this breakout could happen tomorrow. When It goes to test the 16k major resistance, its a coin toss. Don't make any...

legionaryleader

We briefly for the second time on the 1D charts got above the 100 day MA and are again under, whether that signifies something for you or not. It happened. Looks to me as if we are retesting the trend-line there on the falling wedge. I am no financial adviser, especially since I'm a new trader in the midst of learning the ropes. But to me whichever way it can go,...

legionaryleader

I made a chart previously about these last few swings mentioning how I suspected a rising wedge. We now have the bare minimum of a rising wedge with the 2 top contact points and confirmed breakout through that and further down through the support level right below. Using the proper procedure we can determine this will lead to at least another downwards movement...

legionaryleader

Looking at this I believe that this could be the start of a upwards trend. Will have to keep an eye on what it does today to see if it will continue to follow. Maybe a rising wedge? New trader here, I would greatly appreciate feedback and advice, thanks!