I had this idea a few weeks back where i saw a run to 8300's happening . Since this became reality today, I'd thought about sharing....just a little idea , on what I see BTC doing in the next few weeks.
DROP from the 8000's to possible break the triple bottom at 6000's.
FINAL RUN DOWN before next bull run starting around September.
My target is somewhere in between 5200's and 4900's
NOTICE I am no one to follow. Its only what goes through my mind at this point and why i didn't enter the market at the 6000's.
Just expressing my opinion.
Cheers
DROP from the 8000's to possible break the triple bottom at 6000's.
FINAL RUN DOWN before next bull run starting around September.
My target is somewhere in between 5200's and 4900's
NOTICE I am no one to follow. Its only what goes through my mind at this point and why i didn't enter the market at the 6000's.
Just expressing my opinion.
Cheers
Trade active:
Rally rejected on the downward trend-line and 200ma.
Hopefully better market entries ahead
Hopefully better market entries ahead
Trade active:
Believe it or not i'm still super keen on this idea from July.
The main thing is that on the log chart (Coinbase) we never broke the descending trendline from March, and it keeps acting as resistance over and over.
At this point Rsi daily is around 60 and TD sequential is on 9 ascending bars.
I'm Waiting for a sell off sooner than later, Possible a last one???
The main thing is that on the log chart (Coinbase) we never broke the descending trendline from March, and it keeps acting as resistance over and over.
At this point Rsi daily is around 60 and TD sequential is on 9 ascending bars.
I'm Waiting for a sell off sooner than later, Possible a last one???
Trade active:
Target is 5200 to 4900.
Still didn't enter, expecting a lower level for actual "blood on the streets". I guess we'll see...
Currently on another short squeeze, looking to reach 6800/7200, and then continue downtrend.
Again just my opinion and some light TA analysis.