This is the big head and shoulders that I was talking about in my last idea.
Long term bullish trend is broken, The bullish channel is lost, Triangle is broken from the bottom . If price rise from here, seems to me it will be only a pull back to the broken trend line and then it will go down again.
$30k is the neckline of this big bears pattern, after it ...
Within the anticipated Wave C of Bitcoin's current Extended Flat, it appears that we're still in Wave 4 (within the 3rd wave; important to note).
Nearing a finish of the (a) wave for 4/3's Flat around $45K, Bears are soon due to continue their downward pressure on the market's price.
I'm expecting a Running Flat to play out for 4/3 as the all too common Extended...
We are currently supported in the $ 50,438 area. But we should not ignore the lower level, just the $ 44395 range, which is a sensitive area. The market is likely to have deeper declines should not be fooled by our bullish indicators and candlesticks. In any case, we must focus on the sensitive support areas, which are the first level of $ 50438 and the second...
BSV will look to either climb steady to around 260 area while also moving sideways (accumulation phase) if the pump does not happen this weekend,
I am pretty confident we will see a surge next week or the week after.
Please let me know your thoughts.
1. Short ETHUSD from 1206 to 985-908. Take profit at any point you feel is enough there.
2. Wait for a pullback to 1145-1180 price range and get ready for another short targeting 833.
- Once price reaches the 980 price region in the green box , wait for a breakdown.
-If the price rejects the box and closes an hourly above the green box then put stop loss...
Bitcoin hit a fresh record high above $23,000 on Thursday, extending a wild rally for the cryptocurrency that has seen it more than triple in value this year.
The world’s most valuable digital currency surged 12% to $23,421, according to crypto market data provider Coin Metrics, taking its year-to-date gains to more than 200%. Bitcoin only just smashed the...
Inner Perspective (Daily Chart)
Bulls keep getting punished from their attack to 10k and this time a significant drop transpired more quickly to 9295’s. 6 hours ago 40 BTC was moved from a possible Satoshi owned wallet which is causing a stir, alas most will forget about this flection by the weekend and it will be imbedded in the history of the charts. See below...
BTC my baby will rally
Buy crypto before corona puts you in limbo
$6.6 trillion was printed
Your government is trash dont get it twisted
Niggas major in econ
But forget to cop stock Amazon
Flip the profits in BTC
This war an Agamemnon
We should now be in an impulsive move up on the way to break the ATH.
As we know nothing moves in a straight line, so Im expecting a smallish correction in and around the marked zone on the chart.
Once the impulse that breaks the ATH completes Ill be expecting a larger correction and a potential short trade, but for now, longs only please.
2.5 years volume profile on weekly graph shows us that we broke out to the upside through it and now retesting supply exactly at the POC (Point of Control), so I would be silly for not trying to long some Bitcoin here. However I am not a completely bullish (short term) as of yet, because...