Upside Price Target: $40K (base of falling wedge) up to$43.5K (measured move)
Place your moving stop loss appropriately (swings of $1K-$2K are now a regular range).
More Power To All Your Trades, My Friends!
Ron
Intrepid_Trader
Place your moving stop loss appropriately (swings of $1K-$2K are now a regular range).
More Power To All Your Trades, My Friends!
Ron
Intrepid_Trader
Comment:
Healthy retracement to the 21 EMA.
Comment:
Getting close to the 61.8% Golden Ratio. If the bull will step in and buy all the cheap coins, we'll see a rebound. Else, the next level down is the 78.6%, which is not as good as getting a bounce at the 61.8% as price could continue to push further down from that Fib level.
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Bullish Divergences on both MACD and RSI.
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Contact with the Golden Pocket!
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Bitcoin could now headed for the 78.6%
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RSI Bullish Divergence still valid. MACD Bullish Divergence has been invalidated.
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1 Hour Chart: The 50EMA could pose as strong support.
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Bulls must gore their way through this resistance trend line to recover and further push Bitcoin higher.
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Bull Run resumes! Bought the dip.
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Ascending Triangle
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Decision Time! Big moves ahead!
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1Hour Chart: 50 EMA holding up strong!
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Good to trade! Channel Up
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Channel Up invalidated!
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1 Hour Chart