Bottom RSI Support + Bottom Baked Support 420 ema confirmation jk ..... Bottom BB bounce + Irrelavent fractals test to top of the band so ........... FILL ER UP (longs) Not financial advice, again, I am baked! But... LETSS GOO
Check out this fib channel weve been following. Would not be surprised if we made a run to 8900 before meeting heavy resistance at 9k. Not financial advice but ive been pretty on point lately. But thats just my 2 satoshhh (im baked) Cheers Guys
Hey Guys, I feel as if these rising wedge patterns have been frequently folliwing this dump pattern to next support/fib level. I will be watching closely and if things seem like they will be playing out this way, i'll be placing a short on the old bitmexico to around the 8700 area as there are signs of less wavering support in a rising wedge scenario Not...
Hey Shorting to 8k then watching for a break to 7300 area at channel support where il close it out. What you guys think
Hi, I think this double bottom pattern is very likely as we will continue testing this .786 fib i have drawn out from the channel we are in. Let me know what you think :)
Hi, Ive been looking at this time frame for quite some time, and I am not being fooled by this bull trap. Volume dying down, this run has been exhausted for some time now, IF IT CANNOT BREAK THE .382 RESISTANCE in my humble opinion it looks like this would be a nice short. MACD looks ready to tank. The wicks look very bearish, keep getting shut out by...
Bitcoin on a leg down, i expect it to find support at major fib level and do a bounce and follow this channel i drew out. short term play: ( I am a super beginner TA so really im putting in this position for some experience, this is no way financial advice) anyways, putting in a long at 9150ish and will take profits beggining at 10% with a stop loss at 9075
I am pretty new at chartng. When taking the retracement fib from 1.618 to current support, it is possible we may see bulls rebound to 9.9K before falling back down to sub to lower 9k or possibly even SUB 9k We are clearly in a downtrend if resistance does not turn into support. LETS SEE!
Hi, I am pretty new to charting, but this looks like a likely scenario. We are clearly forming a tightening of price action resulting in the wedge that i drew out. Taking the Fib retracement to the peak of the bull run to the base of where the bull run began ( and bottomed ) EXCLUDING the panic sell dip from 8k- 6k cited by uncertanties with the senate...