stevetambo32

stevetambo32

After yesterday's flash move down long opportunity arises . Price has retested demand zone and looks to fill FVG gap between 0.47 and 0.485.

stevetambo32

The price of BTC is retracing back to the 55K region ( the fair value gap created when price jumped from 54K to 61K. A long position from around 54K is the target.

stevetambo32

Price dropped slightly to form DBR demand zone. Looks like the breakout is complete. Long till FVG at 0.7 region .

stevetambo32

It's here. If you've been following my previous posts then it's self-explanatory. For first time: Falling wedge pattern FTM daily chart. I think this might be the last wave down before a breakout.

stevetambo32

Divergence spotted on the 1 hour price trend and MACD at an important resistance point . Time to short

stevetambo32

I couldn't have drawn it better. Oscillators are in favor of bearish price movement as well and BTC looks to be headed for 40K . Time for the last leg down before potential wedge completion.

stevetambo32

Reevaluated the price structure to capture extreme lows and highs. This week looks overbought; should be one more drop before the boom. BTC price trend agrees

stevetambo32 Updated 

Sharp move into support (liquidity grab IMO). The bear flag remains intact . Time for 82 K .

stevetambo32

Looks like the last low for the falling wedge . Expecting a massive breakout from here .

stevetambo32

BTC price fell as expected but has broken out of the lower descending trendline of the flag . Looks like the bull run is over. Waiting for pull back to time another short entry .

stevetambo32

Pull back complete ? Might be time for max pain .

stevetambo32

BTC looks to have reached the top of the flag and has one more wave down . We can see divergence on MACD to support this idea.

stevetambo32

Looks like a falling wedge come flag formation . You can wait for the break out to confirm but potential a massive move coming favoring bulls .

stevetambo32

- Break out from ascending channel - Divergence on MACD - Pull back happened. Looks like a potentially good short to me.

stevetambo32

Price broke out downwards out of the channel as expected. Waiting for pullback to go short . Looks like BTC pump was a fake out

stevetambo32

Looks like it was a bear flag forming . Failed to break the descending trend line. You can wait for break out below to enter the trade but given current market conditions time to see red .

stevetambo32

Looks like FTM is a bout to start a new rally , Ascending triangle breakout from support

stevetambo32

"Bullish'' move to 62.8K looks like a bull trap. Crash might be imminent