slimewire

slimewire

BTC broke out of the monthly inverse head and shoulders. Target is the height if the head which is around 125k. Let me know what you think!

slimewire Updated 

I am shy at sharing my thoughts since I am a beginner doing charts, but here are my thoughts.... I'm seeing an incoming 3rd wave to 68, which was the 1.618 fib of the January 2004 high. Then moving back to the 54-58 range for the 4th leg, and move to 86 for the 5th wave before doing an ABC correction. NFA but this is what a beginner me is seeing. Just wanted to...

slimewire

In my previous post, I was expecting a double bottom but it was broken so we need to make a new setup. Checking on the 4hr chart, I'm thinking somewhere around $14k ($13k for the oversold panic selling) area being the bottom of this dip and we might be seeing an inverse H&S into play here. What do you guys think? A beginner trader here. Would appreciate your replies.

slimewire

Checking on a daily perspective, we're currently at a crucial moment if its going to make a pullback. As I see it, we're forming a bullish pennant pattern on a day chart but checking on an hourly chart, there's a head and shoulders pattern which may negate the bullish pennant and pullback to somewhere around 0.38 before we can test again to the upside. I'm still...

slimewire

Hello guys, beginner here doing TA. Looking at a macro perspective, pumps usually go just below the 0.618 fib and assuming it would follow the same pattern, we will most likely hit $1.2 before it drops again (just in case there's no breakout). Please do leave comments if you have advice for me to improve. Thanks!

slimewire

I'm just a beginner and wanted to do TA to become good at it. BTC did a double bottom and would probably follow the double bottom chart pattern. Would accept advice to help me improve. Thanks!