*For future reference* - I'm already in a long from sub- 6k - If we go below 6k again, would be cool to see another bounce then this would be pretty valid - layout for how price action might go in this situation
Trend lines and support stemming from the beginning of Bitcoin itself to now.
*Not trading advice* Posting for future reference: - macro s & r levels - possible macro formations that have played out or are not invalidated yet - me playing around with the curve feature - current downward channel we've been obeying since May
Would be interesting to see if we continue to respect these trend lines . If so, we are possible near or at a local bottom. Also, r:r here for a long couldnt be any better in my opinion. The market may be rearing for a small bull run. Just posting for future reference. Cheers! 1st Target: 6.7-6.9 area again
Confluence with the .618 level as well as prior structure high support makes for a pretty great risk/reward ratio on a buy/long opportunity here.
next major support, we know how price likes to find those
Tell me what you think, self-explanatory.
SKRT SKRT my fellow traders, get ready to make some MULAHahahahaha.
No fancy indicators or overlays, just key levels and known patterns.
Lower-time Adam & Eve forming on Bitcoin chart? Choose you're next move wisely.
This is the part of the movie where we're about to find out who the killer is after having many different guesses and getting proven wrong every time. Stay on your toes and get to work!
Approaching All-Time Low since listing. New market/volume cycle soon come. Don't listen to shills and Youtube videos, listen to the charts. CHARTS SPEAK, LISTEN