Matt24nav50

Matt24nav50

This is an idea of what can happen on bitcoin. A pullback to reset indicator to continue higher

Matt24nav50

Even if we are broken down remember that we have CPI report on tomorrow but placing a short order with 1% stop lost

Matt24nav50

this symmetrical triangle could take us up to our demand zone at 23k or down to retest the break out at 20k what i personally don't think that 20k is gonna hold

Matt24nav50

seen some divergence on rsi and macd in the hour time frame and possible double top playing out. but volume was increasing on that little pump

Matt24nav50

this sideways move starting to look like a bear flag. so i got some targets in case that this play out.

Matt24nav50

I been following this big head and shoulders on the weekly and now that is complete I’m expecting a double bottom around $500 where I found resistance in the past (now will act as support)

Matt24nav50

Personally I’m shorting this fake pump with a stop lost at19,660. Follow me guys

Matt24nav50

Take a little break and relax your selfs. It’s the weekend so have fun

Matt24nav50

Giving my opinion if the Dxy close this weekly above 105 is the start of the next dump on the crypto and stock market. DXY looks bullish as hell and the next level of resistance is 110 so no bueno for stocks and crypto.

Matt24nav50

Market looks undesired at this time but her you got this quick setup. Make your own decisions

Matt24nav50

A double bottom can be very likely if the whales don’t dump their 100k bitcoin they have transferred to exchange (they haven’t distributed them yet )