As can I see this period of retraction is most powefull than other occured in 2017. The setup here is M50 for short track, M365 for fast track and M1277 for Slow track theese couple last I use to hold trading for very long períods. My actual position is long when the price reached 38.20% of my Fibonacci. My first target is 161.80% for hold around 1 year. My last...
My analysis on Bitcoin bull run continuation. and maybe the #tradingclue ?
SATSUSD HAS REACHED JANUARY'S 2021 LOWS AND HAS FOUND SUPPORT. THE BOLLINGER BANDS ON THE LONG TERM DAY CHART STILL SHOWS WEAKNESS, BUT I AM LONG ON SATOSHI FOR A POTENTIAL 50% GAIN OF IT BREAKS ABOVE THE CURRENT SUPPORT LEVEL AND I AM SHORT ON THE POSITION TO THE DOWNSIDE OF 25% IF SATSUSD BREACHES SUPPORTS AND BOLLINGER BANDS INDICATE A FURTHER DOWNTREND.
NOT FINANCIAL ADVICE The red circle shows the technical level everyone sold into after breaking, the box shows the horizontal support from the last consolidation at this level and the easy stopping point. The question is, will it go down like every time before? or will it deliver the best bear trap and bull flag to $0.001? seems like 2017 thanksgiving right about...
After taking support .Now major trendline is broken and retested the trendline. SATUSD is ready to fly.
#BTCUSD BITSTAMP:BTCUSD Expected to re test 61% or 78% Fibonacci levels 61% @ 27169 22000 will be fine bullish zone. Not to fall beyond. NO BULLISH Trend observed.