The monthly chart says it all: 1. Price decline + volume decline = Bullish 2. Volume backed bounce off strong support = Bullish 3. Halving = Bullish Until something changes I am Bullish on #Bitcoin and will do everything to get more.
- Declining volume with downtrend - Halvening narrative - War is good for #Bitcoin narrative
Possible path for BTC. Closing above 2018 floor will bring some serious volume.
Playing around with the Trailing Buy on 3Commas. I have a Trailing Buy activated at 0.05615 with a percentage of 2.5% which will be ~0.05755 when it fires the buy order. The next leg up should put us above resistance around 0.06100. This all depends on BTC keeping steady. Now let's see that wick down.
Alternative path to pervious chart based on previous patterns.
Opened a position on the breakout of trend line with SL just under.
Orders set in GREEN staggered down. Stop loss at RED. Aiming for ~25% PROFIT.
Tried three times to push past the Fib with no luck. Setting up some buy orders to add to my bag in that Blue box.
Would be a nice next move for $ARK I think.