there is a possibility that there will be a return of the flag line if during the retest the price breaks the red line ... then we can grow back to the level of yesterday's highs.
This is my opinion, make your own decision ...
Play carefully until tomorow or after tomorow or don't play at all and wait the move.
we can see that a new trend can be drawn but it's too early and difficult to be perfect for now.
it could be a descending Stage 4. This is the most awesome downtrend where peoples think that the downtrend is just a “correction”.
First Support 10500 (EMA100 Orange Line).
Bitcoin right back in the range I had mapped before the break out.
Rince and repeat.
Conviction up I'll long and short I'll sell.
Caught about 20% of that rogue wick back down yesterday. Unfortunately had my take profits set a tade early...........
Did not expect a 1.7k wick :-)
Bitcoin’s price action in recent times has been lackluster, providing investors and analysts alike with little insight into the state of its macro trend. This ongoing sideways trading may not be unprecedented, however, as a look at the cryptocurrency’s historical post-halving price action suggests that this may simply be one of the initial phases of its next...
Only level I'm watching, 8.6K should be touched sooner then later. It is time for BTC to touch the 8.6K wick awhile back.
I keep trading as simple as possible. Will not give my method but will give you entries.
Don't get greedy. Take profits quick when in green.
Let's make money together!
Bitcoin is nearing the end of the climb and will soon start the beginning of the correction. I expect by the beginning of next month
the analysis the last wave, which is wave 5 of the main wave , It is not a prerequisite for the price to break through the top of wave 3
Since July 20, we have been able to see BTC grow regularly and prepare for a tough test in the $ 10,000 area. Yesterday came the first attempt to overcome it, but the bears successfully regulated it and did not allow it to go higher. Until today, when the attempt was successful and we are currently trading BTC for $ 10,400 (binance).
From the point of TA view, it...
this is the last hope for short. In my last idea, I made a mistake, I counted the last gap, which started at 9800 for the first wave in 3, but it was the fifth in 1, so we are now completing the correction and should start falling into the zones below 3800