- Green channel:
- Red channel:
- Green dash lines: Target if BTC goes up (could be higher)
- Red dash lines: Target if BTC gets dumped (maybe not that low, but somewhere in the channel or close to the bottom channel)
- Blue dash lines: retest of Red Channel
- Vertical lines: Fibonacci time zone
I set up the last low to high this year for the Fibonacci time zone.
Vertical line sequence 2: Next that's going to be made (approximation) around end of December.
The (red channel) has been broken out upwards and retested. I am waiting for this week's candle to close (whether it's gonna touch the channel back or create a , etc.) and then we will have a better view on what to do. (Eventho I already have some positions opened lol)
is being squeezed in between MA100 & MA200.
Last 4H chart formed a candle with a small green head ( sign, short term).
Monthly chart still has lower highs and lower lows (bear or building a , no one knows).
Weekly and monthly trading above MA100 & MA200.
Personally I'm more to the side. If BTC rockets up next month, then alot of people will be rich.
But according to the system, alot of people cannot be rich :D central banks and the government like to F things up.
This is my opinion, don't get offended.