Karkoon

Karkoon

Seems like another payday for traders WTI *MCL1!. Nadaraya match with LuxAlgo. This is so perfect

Karkoon

Either the btc will make bullish flag pennant or cup and handle pattern. that's it. now the price are keep holding up there. no massive sell or negative fundamental yet. hoping that we are going to the moon. If it's break up there, we will see again once the price reach 24k !. See u there !

Karkoon

What we can see here from daily candles, the market are healthy as long the chart does not perform a "double top" pattern. For a holder, we should hoping this is just a retest a little bit and it form of "bullish pennant" or "cup and handle" pattern. Keep watch out this bug guy, but if there is other fundamental comes in, all of these technical will become vain.

Karkoon

Now we are hoping that the market price will go up more further, from technical analysis, what we hoping is the chart will make BULLISH FLAG PENNANT, but if the chart doesn't form any pattern, we have to expect it will make re-bounce again. much worst, if the chart make DOUBLE TOP, then BTC will go to bearish phrase again.

Karkoon

So now we are waiting for price to touch at least at 21k. See u there !

Karkoon

So from there we can see that BTC now trying so hard to push above the resistance since the FTX incident. Now only the time can tell that is it the price really can break the resistance, if the daily candle close above the resistance. We will see the price will trying to break the next resistance

Karkoon

Seems like the BTC still have not break the resistance yet. The market still playing around that. We have to look over the support. If it going more down or break the support. Then we are still in bearish mode

Karkoon

Even if the price break the near resistance, yet, there have a lot of new resistance up there. but, this is BTC, it can goes up and downs tremendously, hard to predict, moreover when the government and the whales try to dominant the market of BTC. Keep hodling!

Karkoon

So there is clearly a strong resistance at trendline. Now we are waiting for the market to rebound at the trendline and we can make short position. but if the market break through the resistance line. we have to make sure it is a break out or false breakout. wait, patience, got setup, minimal risk. and then entry

Karkoon

WOOOPPSS!, there u go!. another pay day for the holders. Congrats for a strong diamond hand buy from below. As we can see, there is strong resistance area. In this bear market. quite hard for price to break the resistance. But hey, this is crypto. Believe with the ongoing project, and keep HODL!

Karkoon

Oh mother, please wake up. Bitcoin got some several obstacle up there. At least break some resistance and trendline. Then we are back in holiday mode

Karkoon

Well well, so who is here a diamond hand?, hop up!. That is crypto. It is an asset. it is not like something we can sell and buy quick. Asset is not work like that. Do we buy house today and sell it tomorrow?, Do we buy land today and sell it tomorrow and expecting some huge insane profit and be a millionaire in 1 night?. No way, be a diamond hand, because diamond...

Karkoon

So, who is following from the previous chart analysis? We see it together how the price break the channel and make a confirmation of going short. Now we still see market are in bearish. Tomorrow we will see the market rebound or continue going downwards. But all we have to do now is focusing and looking an entry for short. Remember, risk always be there. This is...

Karkoon

BOOM!, This is what we have been waiting for. The price already break the channel / trendline / neckline. So now all the thing we have to find and look is short position. But need to remember there is support nearby. We should have be aware if the price will make strong rebound or it still break the support. See tomorrow on monday!

Karkoon

As you guys can see, it is what we predict from previous our chart analysis. It is following the direction that I have been showed. So now lets see either the market can rebound and go up towards the strong resistance ( yellow box ) or it will continue downwards. Besides that, do not neglect that we can see there is a form of pattern have shown which is Head And...

Karkoon

As we looked at the previous our TA chart. it seems that the market still can't break the resistance. But we will see on Monday, does the market will try to break the resistance or it will break the parallel channel. We have been waiting for market move from outside the parallel channel, so that we can have a better direction on short or long. But even now, we can...

Karkoon

When it comes to FCPO, Technical Analysis come first, then Fundamental Analysis. From our previous chart, this is what we have been prepared for. So, we going to see where does the market will go. either moving downwards or upwards. Even drop almost 200+- ticks, yet it is still in the parallel channel. So can't identified yet is it in bullish or bearish

Karkoon

So now the price are at the confluence, waiting for tomorrow either the market will continue going up or it still can't break that area and make rebound go downwards. We will see tomrrow. only trade what u see and not what u hear. #HTYT