Baalinooo

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About me BTC trading beginner
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BTCUSD 100% | 3
Baalinooo Baalinooo BTCUSD, 240, Long
BTCUSD: Strong evidence for reversal; imminent dump; medium term: bull
199 0 1
BTCUSD, 240 Long
Strong evidence for reversal; imminent dump; medium term: bull

For the past month price action has been drawing a Head and Shoulders Bottom pattern, with a bull Double Bottom right shoulder confirming strong support around $430. Far from losing steam, this bullish indicators have lead to a price breaking without flinching the December long term downtrend and flirting for a week now with the H&S neckline and Fib .5 ...

Baalinooo Baalinooo BTCUSD, 240, Short
BTCUSD: BTC: Short term retrace.; Med. term dead cat bounces or reversal
60 0 1
BTCUSD, 240 Short
BTC: Short term retrace.; Med. term dead cat bounces or reversal

Short term: Price is currently reaching the long term downtrend line, a long term resistance line and a Fib retracement line, i.e. strong resistance. For the past two weeks, we've been in a quasi sideways market with slightly lower highs and lows, and a recurring 4-days period between a low and consecutive high. We're also currently at a high or said ...

Baalinooo Baalinooo BTCUSD, 240, Short
BTCUSD: Downtrend continues; dead cat bounces soon, just maybe reversal
80 0 1
BTCUSD, 240 Short
Downtrend continues; dead cat bounces soon, just maybe reversal

December 13 downtrend continues. No sign of reversal. Recent bull runs have always ended up losing steam quickly. Last days lower lows are leading price into a series of recent strong support levels. This might result in a number of bull runs, potentially ending up being dead cat bounces. As we reach lower lows and stronger support lines, the potential for ...

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