John_N

John_N

This are some scenarios I am looking for. In no way will I follow this analysis until I can deny/confirm a path or draw a new one.

John_N Updated 

Keep it simple, that's all. This is where I exit all crypto again and wait for far better prices. Good luck!

John_N

Since we overshoot my target invalidating my desc. triangle theory I now am looking to confirm a bullish trend on a retrace that makes sense. 4200 will be the make or break point if we do pivot around the 6500$ price. I am 100% confident we will retrace at least to 5'3K - only after that point will I look for a bullish entry.. do not let the FOMO get to you!...

John_N

I see #BTC retesting the ascending triangle one more time before having some real bullish momentum. The perfect trade would be too short 4200-ish on the 4th of April if Day TD does manage to finish on a 9. I suspect 12H TD will also be on a TD9...call it a feeling. The short trade: Entry is time and price based - 3rd Aprile -> 6th Aprile 4150 -> 4260. SL is 4290...

John_N Updated 

Sorry to say .. the pattern is clear as day ( maybe a bit to clear ). Lower highs for the last 6 months indicates bullish weakness. Target of this descending triangle is sooo deep I will not even entertain it yet but a break down would put us under 4K easy. Be safe !

John_N Updated 

This is just a possible outcome - in no way should you trade based on this scenario. It's more of a warning than anything else.

John_N

Bitcoin needs to break the purple descending trend line before I start making 10K+ plans.

John_N

Very extended Bull run just smashed into the Log descending upper channel trendline