Eventually bearish. Price still has to climb. Taking the buy in this box
Looks bullish long term. Price is showing signs for of strength
I really think we are in for a shocker Of the year still to be determined is what happens to bitcoin a lot of enthusiasts and so-called analysts are explaining that bitcoin currently got over $100,000 however I have the opposing view. I feel like bitcoin is dropping to hell I will not come back for while. However maybe it is the future. I’ll buy at the bottom. But...
Move to the 61.8% fib level. That resistance is a key level for possible reversal
Price has been trading within this range for the better part of 2 months now. Most probably an accumulation after the markdown. We are almost about to rocket out of there. Looking for the spring and a close within this range again and show signs of building support Alternatively We look for the break and retest of the resistance for a continuation down the channel
Daytrade idea, Price impulse down. Previous fakeout of black channel. Price within intermediate purple channel. Price in a correction to top of channel. Then a drop.
Trading against the trend for a short scalp will see How price reacts once in this zone of interest-A break below yesterdays high there is a fair value Gap below which coincides with the 61.8 Fibonacci retracement No sell stop or sell limit. will monitor closely.