Morning update on bitcoin chart patterns. Thanks for jamming my ramblings! Thanks!
Fun talk on bitcoin. recapped from this video that failed upload this morning. Do your own research. I'm not a licensed broker. Thanks for jamming!
In the beginning of this video i explain this is a run on to a previous video which load failed due to trying to record a second video whilethe first was uploading. SMDH for trying to be efficient. I'll do the first part of this video today after work. Sometime before 8pm Eastern time. Enjoy some alt talk. coin talk. and references from the first video that...
Would anyone want to join in on a live trading session at some point soon? Was thinking about doing a youtube channel Q&A live with trade mark ups. As always these are just my ramblings. If they're right....dope. If they're wrong...we'll at least we're being consistent. haha Thanks for checking in.
Morning analysis and talkthrough of the markets. getting my thoughts for day out on paper. This coming week i'm going to diving into more news. Although i don't trade often based on news. It will be nice to have an extra confluent factor! Cheers! happy trading......don't fuck up. lol
Just a quick run through of how i'm seeing the chart and the internal story and dialogue as i specualte price movement. Thanks for jamming. Not financial advice. Trade at your own risk
Speaking through my understandings of chart patterns. These are not financial advice. All Speculation. Do your own research. Thank you for jamming !
Today we talk about cleaning up the charts. Break & Retest. Spring Cleaning.
I would like to personally see a pullback to $200. That would make the upside really sweet. But we are on top of support currently on the hourly. testing to see if it holds. crypto is bullish overall this year. great time to be paying attention and making moves.
Consolidation Watch it range. Wait for a break to the up or down side and retest for any margin stuff. for holding and buying more btc if we get a bit more of a wave correction down in the 54-52krange.
Bitcoin has closed below the 50 ma on the 4 hour chart. testing the 13 ma on the daily. need to close back aboce the 4 hour 50 ma to continue trend without further correction to the downside.
Great news for crypto! NEW ETH ALT HIGH!
Looking at the market structure we see an all time high. Lower Low and a higher low. We're abvove the 13 MA and bounced back off the 50 EMA. Waiting to confirm support for the buy!
Break of major structure support on the 4 hour. Looking for an entry at a retest of the 1.5097 to confirm resistance and first trade entry. If trend continues down without retesting previous support then entry is after a close below 1.5042 on the hourly. Mac D shows oversold on 4 hour.