callistix

callistix

There was a double top, which is a bearish indicator. However, wait a little before shorting, If BTC is still in the channel it might bounce off of the channel support about now.

callistix

Fib level 0.382 seems to provide resistance. A triangle is formed which is a continuation pattern. Another bullish breakout seems possible.

callistix

Ascending triangle is a continuation pattern, with possible targets indicated in the chart.

callistix

TA on multiple time frames indicate that AAVE has hit a resistance and will now pull back somewhat.

callistix

Took the theory behind Accumulation and Distribution and applied it to current BTCUSD market. You can learn about it here: youtube.com slash watch?v=BHKm-jsSM6M (Phase D might start later than indicated.) In theory the 'last point of supply' would be the perfect spot to enter long.

callistix

Which channel will it take?