We got a lot of good signals here for a bull continuation. 100 Day MA and 200 day EMA both convincingly breached to the upside. We are thoroughly above the Ichi cloud and its starting to turn green. RSI had a good bounce. Second Green Heiki candle in a row. Also broke through the diagonal line (not yet on regular candles tho). Looks pretty convincing. Not advise.
Bitcoin seems to have found support on the 200EMA daily moving average. Has held above it for over 1 week. Start of 5th wave bull trend? Not Advise.
Bought 19$, added at 21$ neckline area. Not advise.
RSI looks good to. We all need to Pray here. Good luck. I have 30% of long term hold cash staggered down to 37.5K to catch any dumps. Stops set under 200Daily EMA staggered. Not advise this may end badly.
Crossed all the nice moving averages and looks like it will hold. Long from 38K, added at 39.5. Not advise.
Closed out my previous long from last idea, got chopped a bit after and now am not sure what to do. I told myself if the market gets over EMA200 Daily im all in but it happened so fast hah. The RSI hasnt been higher then when bitcoin was at 60K.......Its stuck between EMA200 and MA100. Way outside Bollenger bands and at heavy horizontal resistance. Almost broke...
The moving averages look angry. Brutal rejection. Waiting to see what happens on Daily close.
Still in a bear market, still think we see nasty lows into next year but this set up is worth a look. Target EMA 200.
BIg triangle, usually bearish sign. Price at resistance. Honestly if it doesn't clear the 200 EMA black line and hold for 2-3 days I am not comfortable going in heavy. Even if it breaks diagonal triangle line volume is shit and most likely another fake out. Bear market folks. Happy to be wrong.
Bitcoin head and shoulders pattern already confirmed, folks just don't know it yet. Already back tested neckline and rejected. Are wicks sometimes a crucial distraction? We shall see.
Wish I did this last year, would have helped me get out quicker. For next time.