DATHMENTORSHIP

DATHMENTORSHIP

Regression range has clearly been broken, the bulls are looking to break the psychological resistance at $45k, afterwhich a move a $38k should be inevitable.. Close or today's candlesticks would definitely mean alot. A close below $42k shows dominance from the bears and a close above $42k, could just mean resilience from the bulls.

DATHMENTORSHIP

Till $45k is breached we are still heading downwards.

DATHMENTORSHIP

Well from a chartist perspective, I'll say sl hunt is over, the weekly candle formation is bearish, today's candlesticks formation is also bearish, by 1am $45 would be inevitable. 46600 has a strong support for the bears.

DATHMENTORSHIP

Choppy structure with a bullish bias, extended short play.. Retailers would have themselves to blame.. Bull trap in execution.. Someday I'll learn to properly interpret my analysis.

DATHMENTORSHIP

Still can't explain my charts, but technical analyst would easily read my language 😊.

DATHMENTORSHIP

I honestly don't know how to explain charts 🤕. White frame weekly ranges for bears.

DATHMENTORSHIP

The premise for the the 3years time frame shows us a bullish window, and the chart, is forming an engulfing bull pattern..

DATHMENTORSHIP

Till the bearish flag is broken, the engulfing bull doesn't look strong enough to reverse the bear run it seem to want to reverse from

DATHMENTORSHIP

Using bearish and bullish flag, dotted lines are resistance for each flag, u see, so once a flag structure is broken there's a reversal coming, a bulling flag has been shown. Engulfing bull pattern.

DATHMENTORSHIP

Except btc gets to $16k there was a massive rejection for the bears as it was nearing $0.15, I believe the bulls have broken from this bear structure. I expect to see long consolidation before the bull run though.

DATHMENTORSHIP

The close of June would play a big role in determine how things go. I personally hope to see the engulfing bear continue but the market needs to decide that by this month's end..

DATHMENTORSHIP

July would start bullish

DATHMENTORSHIP

Hold the lines don't expect any big movements, the market is bullish, so strong retrace is what you wait for play the long position. In a bull market, money is moved through the top of blocks (time frame) you're trading.

DATHMENTORSHIP

Charts don't lie. Trade with a consistent time entry.

DATHMENTORSHIP

Depending on the entry ur working with, this green candles are pullback of a tight bearish movement.. Market would hold there for a while till Asians decide our structure for tomorrow.

DATHMENTORSHIP

Kindly follow the emoji, I can explain further in the comment section

DATHMENTORSHIP

I can explain in the comment section.. The setup is running smoothly. Till a breakout in 4h. I'll keep riding the tops and lows

DATHMENTORSHIP

I can explain in the comment section.