MaPaC

MaPaC Updated 

After the last short term triangle which played out well (see my related idea) , BTC has formed just another one. This time with a longterm s/r line. Watch out for fakeouts (-> tight stops and possible re-entries required). No financial advice, just my opinion.

MaPaC Updated 

Scalping opportunity on the 15 min.. Triangle seems to be respected. Due to the massive Bull run I would lean towards breaking the red support line which can be traced back to October. We shall not guess the market tho. So I can see a bullish and bearish scalping opportunity here. The bearish move could be the beginning of the long overdue correction to the...

MaPaC Updated 

Merry Xmas everyone, it looks like Santa brought us some long and short opportunities in form of a Triangle. Long on breakout above, short on breakdown below. Watch out for fakeouts -> tight SL and possibly re-entries required. No financial advice, just my opinion.

MaPaC

Well, if this isnt the worst place to consolidate, I dont know what is. Price broke to the downside already once, softening the support. Usually, the bigger the timeframe and the bigger the structure, the more important it is. Lets hope it holds. No financial advice, just my opinion.

MaPaC Updated 

BTC has boosted through a third of the twenties like it was nothing. If you took my last analysis seriously you should be in heavy profits right now. (See related Ideas below) We should not guess where the market goes next, but right now it sits on an old Channel I drew in mid November. It seems to be respected. Now the price could just follow the upper line of...

MaPaC

Could this be it? The last time BTC broke down it dropped right into this channel. I would wait for confirmation -> a breakout to the top of the Channel and a retest to be sure. If you're a gambler, get in now, SL below lower Channel line. No financial advice, just my opinion.

MaPaC Updated 

Hey Guys, this is my first published analysis. Nevertheless, I have had some success in the past with pure technical analysis. As you can see, BTC has formed a triangle over a couple of days now which could break either way. Rule of thumb here is buying on the breakout of the top line or sell the breakdown of the lower line as shown in the chart. Take profits...