Lucky guess. Maybe this is a cup and handle on the hourly? If so, I'll have a latte.
Following the Fibs pretty nicely. Looking for confirmation on direction before entry.
Not much here but just going with trend. #GoWithTheFlow
Small wedge with potential to break out and test the 2018 bear trend line. At the end of the wedge w could see the continuation of the 2018 bear trend and head toward 5500-5800 by the end of the year. How the market behaves at the end of this mini wedge could be a good prototype of its behaviour for the large bear wedge that everyone is looking at for the...
Posted this last week (Hope people got to take profit) and I still believe in this trade. Breakout for the short -a little fast but good to see a direction. Still opportunity for short term short down to 168-170ish. Its currently ranging around 618. A few more hours to a day should clear things up a bit more.
Getting to the pointy end. Which way will it go. Looking for a break out in either direction. Possible entries based on fib retracements. Purple lines formed a bearish channel.
Waiting for breakout. Take profit in green if going for long. Red if short.
Strong resistance on the bear market trend. Tested several times. Looking to follow previous bull pattern on 4hr and daily. Indicators looking for reversal on longer term time Take profit based on fib 618
On the 4hr, the 618 fib off of the recent reversal intersects right on the support trend. If theres a bounce, there an opportunity for an entry just after it. RSI still outside .
Descending wedge bear still hanging around. Stoch RSI cross on daily Bearish doji
Following bear trend. Entry anywhere between 236 and 382 on the fib. 236 tested several times and broke support. Potential short opp. BTC looks to be heading down and continue bear trend.
Running a fib off of the recent down trend. Three dojis with dragon fly confirm of a reversal. Scaled buy in just after dragon fly with a further buy in after it broke through resistance around the 382 fib. Scaled sell between the 50 and the 618 fib.