Hello BITCOIN lovers !!
so my overall prediction on BTC is being going quite accurate so far ( check prev ideas). the new trend line "GREEN" is been holding quite well. price bounces back of that line couple of times. it is safe to say that the current moment is BULLSHIT. it will still be bullish until a daily candle closes below that trend. then things could get pretty ugly !!
but all that aside, looking now at the 4H chart you can BTC being squeezed in this triangle ready to shoot out ! .
in our last triangle formation a analysis we had a nice boost after breaking out. and i do believe we may have a similar one IF we break out this triangle.
I am already all IN so nothing for me to buy now ! . we are in from 6K and i will not close my postion until I see a break down under the new up trend green " daily candle close below is my SL"
so if you are out and looking to buy, you may enter right now with a SL under the trend line, or if you are not so aggrasive wait for a break-out of the upper side of the triangle and go long.
The new trend line is quite strong. so any position even ALT coins must be based on this trend line. a daily candle closes below this trend line is a big alarm call for me !. as long as we are above it, we are safe ! .
Good luck.
so my overall prediction on BTC is being going quite accurate so far ( check prev ideas). the new trend line "GREEN" is been holding quite well. price bounces back of that line couple of times. it is safe to say that the current moment is BULLSHIT. it will still be bullish until a daily candle closes below that trend. then things could get pretty ugly !!
but all that aside, looking now at the 4H chart you can BTC being squeezed in this triangle ready to shoot out ! .
in our last triangle formation a analysis we had a nice boost after breaking out. and i do believe we may have a similar one IF we break out this triangle.
I am already all IN so nothing for me to buy now ! . we are in from 6K and i will not close my postion until I see a break down under the new up trend green " daily candle close below is my SL"
so if you are out and looking to buy, you may enter right now with a SL under the trend line, or if you are not so aggrasive wait for a break-out of the upper side of the triangle and go long.
The new trend line is quite strong. so any position even ALT coins must be based on this trend line. a daily candle closes below this trend line is a big alarm call for me !. as long as we are above it, we are safe ! .
Good luck.
Comment:
we getting close :D
Comment:
and boom ! nice spike there, every fast movement !.
from now on I think 8K is not going to happen. 9K is probably the cheapest BTC will ever be.
from now on I think 8K is not going to happen. 9K is probably the cheapest BTC will ever be.
