- #Bitcoin's Uptrend still intact in terms of Price Action,
coming from the Lows of 15K .
Concerning is the fact that despite Bitcoin trending Bullish on regards of
Market Structure (series of HH & HL ) ;
it is trending so,
within a Rising Channel (i.e bearish flag).
Ahead of this current uptrend is the Golden Zone Fibbonaci Level
awaited to be faced as Resistance in the midst of a Critical S/R Zone.
Both of this targets should be flipped from Resistance to Support(retested)
in order for Bitcoin to be headed higher,
to trigger the price interest at 50k-65k ; W(tf) *OB a
(see the updated idea attached below)
Until further confirmations,
BTC
is likely to be headed to at least 35.000$
in the short term time frame.
Key S/R and Golden Zone may very well be the next stoping point to open shorts
TRADE SAFE
*** Note that this is not Financial Advice !
Please do your own research and consult your Financial Advisor before
partaking on any trading activity based solely on this Idea.
coming from the Lows of 15K .
Concerning is the fact that despite Bitcoin trending Bullish on regards of
Market Structure (series of HH & HL ) ;
it is trending so,
within a Rising Channel (i.e bearish flag).
Ahead of this current uptrend is the Golden Zone Fibbonaci Level
awaited to be faced as Resistance in the midst of a Critical S/R Zone.
Both of this targets should be flipped from Resistance to Support(retested)
in order for Bitcoin to be headed higher,
to trigger the price interest at 50k-65k ; W(tf) *OB a
(see the updated idea attached below)
Until further confirmations,
BTC
is likely to be headed to at least 35.000$ in the short term time frame.
Key S/R and Golden Zone may very well be the next stoping point to open shorts
TRADE SAFE
*** Note that this is not Financial Advice !
Please do your own research and consult your Financial Advisor before
partaking on any trading activity based solely on this Idea.
Comment:
Comment:
Comment:
Candlestick version
*W
*W
Comment:
BTC
The Struggle Contineus update
(line chart log.)
Pattern Break down , week two
(candlesticks version log.)
BTC
The Struggle Contineus update
Pattern Break down , week two
Comment:
- Another Bearish Perspective pre-Halvening ,
from Bearish Flag (The Struggle Continues Idea)
to Rising Wedge .
In case Rising Wedge (bearish patterns) plays out,
looking ahead for Short Entries to a 40% measured move down.
Not only, but aswell a strong Spot Buy Opportunity for cheaper SATS accumulation and ALTS bags.
TRADE SAFE !
*** Note that this is not Financial Advice !
Please do your own Research and consult your own Financial Advisor before
partaking on any trading activity based solely on this Idea
- Another Bearish Perspective pre-Halvening ,
from Bearish Flag (The Struggle Continues Idea)
to Rising Wedge .
In case Rising Wedge (bearish patterns) plays out,
looking ahead for Short Entries to a 40% measured move down.
Not only, but aswell a strong Spot Buy Opportunity for cheaper SATS accumulation and ALTS bags.
TRADE SAFE !
*** Note that this is not Financial Advice !
Please do your own Research and consult your own Financial Advisor before
partaking on any trading activity based solely on this Idea
Comment:
BTC
will be closing this Week resting on 200EMA on *W (tf)
Will 200EMA act as dynamic support and boucne the price a little higher ?
Or the Feds Jackson Hole speech today has already taken 200EMA as a joke support ?
Note that 200 EMA is used by lots of algorithms (big money)
As well lots of retailers.
It's not smart to trade baseed solely on it as an indicator .
TRADE SAFE
BTC
will be closing this Week resting on 200EMA on *W (tf) Will 200EMA act as dynamic support and boucne the price a little higher ?
Or the Feds Jackson Hole speech today has already taken 200EMA as a joke support ?
Note that 200 EMA is used by lots of algorithms (big money)
As well lots of retailers.
It's not smart to trade baseed solely on it as an indicator .
TRADE SAFE
Comment:
(CANDLESTICKS version)
