I hope everybody made the right calls yesterday and profited from my analysis in some form. Please share or like to so others can get their eyes on these charts and more can benefit from them.
If you recall yesterday, the internet was filled with calls that we were about to drop back to sub 8k prices, few were bullish, take note of those and make sure you follow them, because realistically the signs or the charts had the answers written within.
Moving forward, we are about to break the neckline of a massive inverse H&S that has been setting up for some time now, it looks solid on the higher time frames and is set to push us to above 15k levels, the recent bull flag break should push us past the huge resistance of the main trendline above us, between 10900-11 000. Take a look at the chart, you can see lots of bullish signals, which I have marked. I have been long since yesterday and have set wide stops, if you are getting in and want to be cautious, look for a stop at least below 10200 which has been the solid support, or you could set it below the 200 ema.
Good Luck and Happy trading.
Please share and Follow for more great calls and lessons, I'm here to spread my knowleddge and help us all rise in the crptotide.
If you recall yesterday, the internet was filled with calls that we were about to drop back to sub 8k prices, few were bullish, take note of those and make sure you follow them, because realistically the signs or the charts had the answers written within.
Moving forward, we are about to break the neckline of a massive inverse H&S that has been setting up for some time now, it looks solid on the higher time frames and is set to push us to above 15k levels, the recent bull flag break should push us past the huge resistance of the main trendline above us, between 10900-11 000. Take a look at the chart, you can see lots of bullish signals, which I have marked. I have been long since yesterday and have set wide stops, if you are getting in and want to be cautious, look for a stop at least below 10200 which has been the solid support, or you could set it below the 200 ema.
Good Luck and Happy trading.
Please share and Follow for more great calls and lessons, I'm here to spread my knowleddge and help us all rise in the crptotide.
Comment:
boom, great rade, I took some profits and will watch to see how we go from here, for another Entry.
Comment:
trade even
Trade active:
HEre is another entry point coming up to watch for.
Comment:
Caution advised as we enter the end of the triangle as we also pushing against the bottom of a larger rising wedge pattern which is bearish in breakouts. Be very vigilant and cautious here, please.
Trade closed manually:
O did warn you, it is all in the charts
Hope you got out if long or set wide stops
