More than one way to skin a cat but not BTC. Daily, weekly, bi-weekly, and monthly all targeting about 7200-7300. I consider this a wave 2 down. Therefore, expect alt-usd pairs to drop with btcusd. However, expect alt-btc pairs to pump.
Comment:
Weekly. Will drop to test the breakout.
Comment:
Thank you red trend line for proving yourself time and time again!
Comment:
I spoke to soon. Sorry trend line.
Comment:
Don’t get tripped up on 15min. Pretty sure accumulation ended at vertical line with a breakout (down).
Comment:
Accumulation breakout on 5min. Might still need to bounce to confirm.
Comment:
Fuck it. Let’s see if this will help to speed things along or get me liquidated.
Comment:
Could be a fakeout pump. Blue vertical lines indicate accumulation starts. The pink for distribution. Went A-D-A. Distribution appears to have ended prematurely...
Comment:
Comment:
Comment:
Here comes the snake
Comment:
Ouch. Didn’t play out like I thought. Still.
Comment:
Same channel but regular, not inverted, price scale.
Comment:
Could pull back to either if indicated prices.
Comment:
Comment:
Was wrong about accumulation on 15min. It has played out. Coming to a close now.
Comment:
Well... maybe not completely ending... a fakeout rally could happen first.
Comment:
It’s coming.
Comment:
Do you feel it yet?
Comment:
Updated idea.
Comment:
If you made profit and would like to show support for these ideas/charts then you can find my btc trading wallet address in my profile.
Comment:
Comment:
Comment:
To those interested, new idea published yesterday.
Comment:
You can support these ideas by sending only btc to the wallet in my profile. Buy buy buy till target.
