9219 or 6976 - Looks to be 9219 - But weak performance
9219 or 6976 - Looks to be 9219 - But a very weak performance so far
Comment:
Sell triggered on the 10 minute candle
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But BTC still looks good - just needs to rebound
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BTC has to stay above 8262 -
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The 1 hour candle and the 15 min will be in reversal mode unless BTC can remain above 8262
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BTC has to stay above the support at 7900 - Where is the volume ?
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Sell triggered on the 1 hour candle
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But if BTC can stay above 7900 for 30 minutes the 4 hour candle will be moving to bullish
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another small dip coming in 2 mins
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this could be a bull trap...where did the volume go ?
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The candles are lined up to represent a big bullish move after passing 7900 - But this is not what is being seen here.
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use a very tight stop loss after 7900.
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tombstone reversal to the upside now
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three major candles will close in the next 3 mins and they may decide the direction
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Get above 8200 or drop to 7600 - take the Blue pill or the red one
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Could also be a bear trap so best keep an open mind ..Lots of games and tricks are being played in the crypto market today
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Below 7900 for an extended period will lead to 7600 which in turn will lead to 6700. Wake up BTC
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BTC is working on a move to 8321
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8300 is the spot to pass ..
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climbing the two lane chanel
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The BIg Picture
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BTC needs to stay above line C for good things to happen.
BTC needs to cross line B for even Better things to happen.
BTC needs to cross line A for Excellent things to happen.
BTC needs to cross line B for even Better things to happen.
BTC needs to cross line A for Excellent things to happen.
Comment:
Breaking out upwards from the head and shoulders ...Yippie
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Possible Double top reversal down
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Not saying BTC will come down , just saying be careful in this area
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Double top drop should stop at 8170
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Reversal spotted , BTC needs to pass this fella
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needs to hit 289
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8289
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down to 7900 and below
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This first stop is actually only 8056
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BUt i've noticed on several occasions when BTC gets stuck at a resistance point while the 45 minute candle is closing it will dump . This is what just happened .
Another 45 min candle closes in 34 mins and it may dump again then
Another 45 min candle closes in 34 mins and it may dump again then
Comment:
5 mins another candle will be dropped
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7984 is the current drop distance
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7820 second drip distance
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two choices for this candle either it goes to 8200 or it goes to 7800
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the choice is back to 8200
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tombstone on the 10 minute ..may be a small dip incoming
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trend change
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could be a downward movement ,.
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BTC is walking around confused today and doesn't know which way to go , up,right , left down or sideways .
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Comment:
BTC is back alive and moving well now, this is a good sign
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could also be a cup and saucer to 9k
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if this is a cup and saucer then we should see a dip round about now
Trade closed manually:
trading cancelled out of boredom