mcdaverage

mcdaverage

Quick one - this scenario seems more and more likely as the day passes. Very realistic projection in my opinion.

mcdaverage Updated 

Definitely possible, considering BTC was at $10k just a year ago. I let the chart do the talking.

mcdaverage

Speculating on a Long here for a potential target of $56k close to October. (Distance of Head + Right Shoulder + previous structure POC) Negative Neckline, 0.5 FIB and volume POC to hold. (confluence). Easy invalidation, good RR. Invalidates if price closes below neckline/swing low support at $38k. Appreciate any comments and criticism. Thank you for your time!

mcdaverage Updated 

Opinion Only bullish news, El Salvador bought the dip, and will keep buying to inflate the price post Bitcoin Day. Fax No Printer We're trading above 50-day MA. Trend is still up. Price is building a support structure and demand zone in the orange area, with volume. Retracement was mostly big wallets taking profit and overleveraged longs. ...

mcdaverage Updated 

Easy does it, I let the chart do the talking, easy invalidation.

mcdaverage

TP $1.6. BTC.D is down. BTC is up. Alt season is in. Trade's invalidated if price closes below the bottom trendline.

mcdaverage Updated 

25k Zone Target - Bearish if we don't breakout of the downward channel. This is inline with Grayscale unlocking BTC to the market.

mcdaverage

Resistance at $33k likely to hold in a Bear market. Back to $30k?

mcdaverage

To keep things balanced, I present the bullish case. HNS Failure. This setup is valid as long as the neckline is not broken. TP is Distance from Head to Neckline + Right Shoulder.

mcdaverage

Probably how it'll play out.