Bullish: RSI Div, Falling wedge, Triple bottom, MACD crossing over Bearish: Previous bearish div, 4th touch of bear flag, lack of a strong bounce (yet)
Hello Traders . Price blasted out from my last target and keeps it ok :/ performance . As you can see on 4H pushing down didn't work couple times and volume on each drop got smaller . Over all selling volume its drooping on 1D as well . We are holding 1M pivot here and that suggest we are going higher . I believe that R1 should be the target witch it...
BTCUSD IS NOW CORRECTING THE TREND COINBASE:BTCUSD NEXT TARGET IS 11K BULL RUN WILL LAST TILL THE END OF THIS YEAR, I GUESS.
Everything I want to point out its on there .. with previous and last 24H example on the left . ignore mex in the middle . zoom in version
BTC has fallen through support of the 8HR Ichimoku Cloud (Red). Now from within, has tested resistance at top of cloud and failed. Volume is tapering off, particularly buy volume.
as a beginner in this field, that is my idea. if any advice plz tell me.
Some potential outcomes based on BTC resting in a Liquidity Zone. The entire pennant could also be broken down from here as well.
BTC appears to be in a pennant pattern. A break to the upside or downside could be the difference between 8k region and 11k. For now, buy zones (green) and sell zones (yellow) are set based on pennant swing pattern.
The red trendline is a key level, if we drop below 11k, most likely will see lower lows for the next few weeks. Most recent doji showing indecision, could lead into a reversal or more down trend. Watch the 1,2,3,4 hr charts for hints for the next daily. If the next daily candle printed is green, put on your moonboots - 13k and beyond. This is not...
Moonbois get ready, we're going to 20k. ... This is not financial advice - counter trading me is a good strategy :D
This is a V2 update to my previous chart. REVISIONS 1. Wave 2 bottom Moved the bottom of wave 2 to 10500TUSD, as this is the 61.8% fib retracement of wave 1. 2. Wave 2 length In an EW Impulse wave, of wave 2 and 4 pullbacks one is a horizontal while the other is more vertical. Right now looks like we are in a horizontal as the market catches it's breath. ...
This is not investment advice. I'm really good at loosing money :D
MARGIN - XBTUSD VIP Position Size : 10% Leverage : 10x ENTRY : 9000-9100 Target 1 - 9178 Target 2 - 9240 Target 3 - 9340 Target 4 - 9450 Target 5 - 9700 STOP LOSS: 8874 Risk: 7/10
We just got out of rising wedge formation ( 4H candle must close below formation support). According to Wyckoffian logic (google: wyckoffian logic distribution accumulation on images) we had a failed rally 30 May and are on the way down. Short term we may test MA200 4H, long test the marked fibonacci level. Please check for additional ideas on the chart. Do not...
Ascending triangle, support from the 20d ma, and a golden cross coming? Perfect storm or bear trap?