BobbyTA

BobbyTA

Well price rejecting off Minor Solid High on the Daily and also a point of exhaustion on the pitchfork. If Price Closes like this then we might see Price travel down from here . We also have the formation of a Solid structure and a Demand Zone . a place where Minor Buyers Might show up .

BobbyTA

BINANCE:BTCUSDT.P Btc hits pitchfork trend exhaustion line and formed a bullish divergence which is Playing out as a retracement move at the moment .. Market maker washed Retail traders trying to go long at the washline and price finally broke out of the range . We might see price retrace up to Supply zone and i look to see how price reacts at that level and...

BobbyTA

BTC hit point of exhaustion and formed a Bullish Divergence + a Fractar Bar . Price retracing back up and currently finding support at the pitch fork center line. We might see Price retrace back to the supply zone and the Modified Pitfork lines in blue might act as confluence If price Rejects at that level . Am in BUY LONG

BobbyTA

Price Broke Below Previous solid Structure and made a new Low Retracing Back close to the previous High with the Range . We Put a Logic Stoploss just Above previous High just to give the trade a little space to breath or Margin for Error .

BobbyTA

So BTC broke to the upside and We currently in a Pull back. I Just decided to post My ideas about the market and some probable out Comes

BobbyTA

Possible Out come for Rune today 10/09/2022 So Rune broke Below Highrt Low and retest . made another Low at fibs pocket level and now going back to restest previous Low \We should always think in probabilities so yeah we try to consider the probability of price Retesting previous low and probability of price breaking that low and retesting Previous HL

BobbyTA

Price made an impulsive move to the down side breaking previous Support and finding Support at the Fibonacci Golden pocket levels(0.618,0.65) At the time of this write up, Price Formed a Continuation Chart Pattern at Fib Level . The Pennant or FlagPole is a Trend Continuation Pattern and as such, we expect Price to travel down to $19000-$18000 Price Range...