Not Financial Advice here but I'm "slightly bullish" on the very short term with a possible inbound cross above the 200 EMA, maybe even the 50 BUT there's a TON of overhead price action with volume and the potential looming of a 50 EMA death cross below the 200 EMA. This would push Bitty off the cliff to those lower supports that many of us are hoping will bring discount pricing of BTC. Welcome to the middle, friends :/
Trade active:
Been focused on BTCDOWN and haven't updated this so here's a quick snap. I still think BTC goes to 19k eventually and that we have a clear H&S top on the weekly. It's too hard to ignore BUT in the short term, we may get a bump up here as Wyckoff accumulation looks to be in play here. Number of bullish factors working here. Be careful though and always DCA.
Trade active:
Looks like we got the classic Bitcoin fakery with an island top reversal. I trade BTCDOWN right now for this very reason.
Trade active:
I tried to post this yesterday but it wouldn't let me. Anyway, XABCD pattern played out. I posted this in chat. Wich I could have gotten it out sooner.
Trade active:
this ship is going down but not without a small pump first
Trade active:
I've moved this thread to new idea here (check out newest) but that Gartley looks like it filled "C" today (7/19/31). It's possible we test 30K (or lower) but given that shorts are down by a lot, the Big Gart here indicates a push to 39k or so. Good luck!