This can't be right, can it? It did happen on the 13th of June tho so maybe it was a really drunk and fat finger. And what do you call it, a flash blast? Wish I'd been up there
We need a correction This is NOT new money/retail investors -- Big money is coming and leaving to quick Volume is corrective and will skidattle at the .786 not to be seen again for awhile IMHO
I had drawn and posted a different channel yesterday but now realize it was more confirmation bias than realistic. Here's the correct channel I'm watching along with a possible range area (red box) and the 125 BB's upper band giving support. Don't trade and shoot off fireworks, something's bound to go wrong! Lol Happy Independence Day!
BTC needs to break out of the channel and out of the 225BB or it'll correct back to the red baseline at minimum. If it does break out look out at the .618-.65 for a sell off.
Tomorrow being the end of the week and month is a different story
Does this count work technically? Or is Wave2 really Wave4? -All opinions appreciated
What else do I say? Ha
I believe that's their target
Wave-3 of the A-wave hit the 1.227 fib extension almost to the tick so I'm expecting Wave-5 to hit 2.0 ext as it's also the top of the channel which should be temp support. Then up for B and down into the channel for C I don't think we'll retrace after the abc but continue down.....which is a good thing and would be bullish IMO I'm counting on this being the...
Even in this parabolic move up, how long have we stayed above the 250 BB (green) with a 3.2 SD? The 125 BB (red) is working great on the 5 & 15 min for a hint on when it'll pump or dump. Judging by passed drops into the "Red Zone"/125BB's, it looks like it'll drop to around 9K minimum in my UNPROFESSIONAL opinion. It's been working for a while now so I'm...
Not sure if it was a pump & dump group but volume came like a tidal wave and seems to be sticking around. Either way, it'll be left with a strong daily candle for a mammoth rise in the next few days
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I've heard a few people say that this pattern is not valid because the right shoulder is too high
On all exchanges it looks like BTC has broken the long-term descending TL that WAS a steep sloped line so sideways action has done the trick. We could draw a new line but it just wouldn't be perfect like this one. This also gives us room to complete the ole C wave taking BTC to that 4300 range. Please leave feedback, it's much appreciated! Funny fact: I just...
I know, trendlines are meant to be broken and re-drawn lol Just thought this was somewhat significant since it goes all the way back to $20K (top)
Expecting big things out of this coin but right now, just a 1/1 of wave1
One of the top ranked coins according to CoinCheckup. It retraced just below the .618 and looks like it's an impulse wave2. Should be an easy 20% ST and much much more if LT if one was to HODL it.