I drawn 2 major FIBO levels for macro trend.
Actually, BTC reaching just first main important resistance area .
I like to rebuy somewhere in green box around all main averages. I will watch, dump could be sharp & unexpected.
I don't believe BTC will break 382 retracements territory easy. Let's keep an eye on : )
You should also check my macro log chart weekly...
If Fibo 618 will break up and hold, I expect pink levels, as targets.
I made my positions lower, so I am safu & just watching.
BTT stabilised after counter moves and now could copy BTC,LTC or TRX trends. So it´s good to track too.
*This is not a financial advice.
You are watching a weekly timeframe BTC index for a long term view perspective.
Plus this year max bottom & high by bollinger bands indication.
The orange canal is leading actual trend for this year.
Of course, it is a main trend & it´s only circa.
Bitcoin could make potential bubbles further " through the road" .
However, it´s too random to predict.
Hi everyone .
BTT appears as a two trends creating diamond pattern.
I like to mention, it´s not absolutely random, that ema 50 & ema 10 copying this zones.
I will monitoring 4H chart mainly due to short history data.
Will be great to see this token hold red ema50 and follow a blue trend canal.
For uptrend, BTT will need to stay above blue ema10.
It´s better to...
Here´s some of my BTT watching.
Best buy opportunity not in reach, yet. Is it at lower Bollinger ( conservative ) , or also 0,0008656 at 38.20 FIBO.
Sell target of pink bull flag is around 127.20 FIBO in yellow.
If will hold as support, target 2 is 0.0014 usdt.
Conservative trade after break UP, is sell around upper Bollinger Band.
I just have a new account & like to share my idea at 4h timeframe.
Actualy, we can see a bearish divergence near tripple bottom pattern, with huge bearflag.
Which is not the best bulls scenario. So it´s a battle between descending triangle vs tripple bottom . Bulls vs Bears.
Right at top of bearflag acting EMA50 as securing resistance, very hard to...