Idea of a Fractal in BTC-USDT Pair. Hope not develop as in the chart but good to keep in mind the possibility. The institutional investors positions in this first week of December make us to think that BTC is going up again, but everything can change from one moment to another. Not Financial Advice.
I promise You, I'm not here just for they money... Not a financial advice*
It looks that we have a bearish diamond on the 2hr chart and a Hanging man candle at daily. I'm out for a moment. So I think BTC it's going to descend to target 1 and maybe but less probably, target 2. Now, maybe it's time to start looking for altcoins. Getting out of the channel would invalidate the idea. Take care, high volatility (and winter) is...
Pitchfork and ascending triangle. We are very bullish at this time so I wouldn't expect to go bellow the middle line of the ascending pitchfork. Only a disaster could make BTC go bellow that: Another lockdown with more serious containment measures, problems with the vaccines, global economy retrace, alien invasion... It's not a Short idea. It's just points to...
#ATOM/BTC at 0.0002795 sat Entry 0.0002800 - 0.0002750 Support: Bottom Pink Line and 0.0002560 Resistance: Top Pink Line and MA100 If it breaks the resistance it will go around MA100. It could be a re/entry at confirmation around 0.0002800 - 0.0002900 sats It's my first post. It'll be nice if you leave some comments to improve my charts and...