Price is setting up wedge/pennant with a bit of a resemblance to a H&S. The left shoulder wick is below the neckline; the lower high of the right shoulder and the test of the wedge is on watch.
BTC broke-out of a Bull Pennant after a tidy back-test of the fifty percent line (64.9-28.8K). With Equities in a Fall Slump, (with an oversold bounce today not withstanding) , BTC is looking up at a second try at the Golden Pocket. The first attempt saw an overthrow of the .65 level, a sharp reversal, and a subsequent Diamond Reversal Pattern.
For BNB lovers. Looking at BNB from within the 1D time frame, it looks like a fast bullshit. The BNB trade journey has also taken the form of a large symmetrical triangle. I believe it will act as a continuation pattern. It's another feature of the MA strategy that I follow, and I think the two stochastic lines will cross soon. According to the analysis, if...
We bounce off the Fibonacci golden pocket perfectly. After bleeding through September, I can definitely see us pumping back up to $200 and perhaps beyond. I'm long here. Leave your thoughts below :)
Are we going to hit the golden pocket of the fib as yet? I will definitely buy additional Bitcoin there again for my hodl position. Let's have a look!
My overall bias has been bearish but having said that I trade level to level, day-to-day, and will change my mind if we invalidate key levels to take us out of the current bear market. BTC is showing bearish momentum and a very bearish market structure but that does not mean we can't look for longs. After the perfect .618 golden pocket rejection at 48k, we now...
FTM forming a Triangle and heading towards Golden Pocket region, looks like a potentially great Long in the near term. FTX:FTMPERP
What if this was top of wave B and we are heading down to another golden pocket...November 15
NFP miss moved BTC to the upside, watching for one more push up extended outside the 2 hour UBB
Defended the .5 (65-28K) retracement. Supported by the 2 Hour 4 EMA as the Pennant breaks bull
Here are some key levels to watch but I'm not making any predictions with this one. Just wondering how everyone is feeling about September? Ok, I will say this...big old handle.
Join all the DinoX channels If Dinox gets rejected by the golden retracement levels, we will be close to forming a head and shoulders pattern
Looks like a good long position. Lot of confluences around the 46.7k, including the current Range VAH and the daily open.
Recently found some interesting confluence around $23.8K for BTC. If you like this let me know, or why you disagree. The entire Global Fib "Golden Pocket" from Bitstamp, happens to overlap with the largest remaining CME Gap yet to be filled from Dec 2020. Fib extension from the very top has a 2:2 smack in the middle of the overlap, as well as a 1:1 Fib extension...
$PDD breaking out this mid range at the golden pocket area. I like entry here for a swing aiming for the .236 fib level as main target. Hopefully we get the move before earnings!
Long Setup for Wish with Key areas it must break to run up to the target of $22.80. That price target is just before the midterm Golden Pocket Fib resistance (So good spot to take profits if it hits the target imo). $20.09 is also an important spot to watch for potential resistance and a possible pullback. But if it rips through that price point then it shouldn't...
Hello everyone, I know no one wants to hear this, but it's time to come clean to all the MOON boys who are making promises and keeping you happy. What does the chart tell us, what is more likely and what are the possible scenarios for bitcoin? First - anyone who has been following me for a while knows I am currently perma-bear on bitcoin. My short analysis has...
ROO update, we are in a consolidation pattern but we are resting inside the 618 66 golden pocket!