From 11k to 9k and vice versa. Flat until one of these boundaries is violated. Long term bearish, prabola's violation still intact
I love reading twitter looking for random crypto kids, loosing gradually their money searching for bottoms, tops and stuff like that. Long to medium term trends, confirmation with chart patterns, classical principles, that's what count.
While checking different time intervals, I saw this possible cross over on 144 min. This could be a decent pump with some volume, though other intervals only show a small pump here along with overhead and angled resistance ahead. So I watch how the price reacts to a cross up on the DL (blue) Buffer (yellow) indicators. This could be a sneaky pump , so I will...
Please read the details we mentioned below the chart carefully. Thank you for your support!! In the last update, our action was is waiting for a reaction from ( SMA 360 4 TF) we will try to scalp it not doing, we will wait for 9500/9150 as scalping !! After that, we shared scalping from 9500/9200 But btc rebounded during post signal to 97XX without active...
Btc testing trendline resistance and building trust @9k. Hope this last support will hold. Can't stand crypto kids crying.
I updated the slope of the parabola. Now it touches the dashed trendline togheter with the parabola. Resistance at 11k. To the naysayers: this parabola can be violated. If violation is confirmed, espect an 80% retracement. 80% is calculated from where parabola starts.
BTCUSD We could see a rally up to $12,800 for BULLS. If bears stop BTC from gaining, then we could see BTC to slip down to $7500. (Idea purposes only chart. DO NOT TRADE)
looks like wave 5 will finish somewhere in the 10800 region, with a corrective ABC offering short term support.
Wedge morfed in an inverted head&shoulder with its neckline leaning to the right. It borke out quite good. Target is mentioned into the chart. You better move your stops fast with this one. Medium term I'm neutral.
still testing 12150 but this time with a downturn impulse?
BINANCE:BTCUSDC Would appreciate input, looks like consolidation/correction wave forming after hitting recent high. very choppy and maybe setting up for a 5 step impulse upwards to retest highs.
To be completely honest, in my opinion I see 3 possible scenarios playing out with 2 being bearish and the 3rd bullish. I'll release a chart for each possibility today with this being the 1st. This chart needs little to no explanation if you've been following my previous published charts. I believe that those charts are still in play down to the 8.5k-ish...
It keeps defining boundaries, it is also approaching parabola. Not a good time to trade. I am still betting big on usd.
At the moment main support line at 10800, if we will break them, we will go to 10k. From there we should go to 12200-correction-13800-correction-16000 I want to believe....
Parabolic advance likely to resume. You better stay around the corner. New highs for confirmation
As you can see from both my 2 published charts I believe we will be seeing a sub 9k BTC in the near future some time between July 5th and July 7th. There is a futures gap to fill down at around 8.4k-8.6k and I'm pretty sure we'll fill it. Good entry points for a long imo would be around 8.7k-8.9k depending upon leverage amount. we should break 14k and reach 16.2k...