Silver is in a weekly squeeze watch, and is currently in a daily long. Watch for the break of the symmetrical triangle with volume and the levels to gain/lose.
Ladies and gents we have a daily squeeze on bitcoin, red trend lines are resistance and turquoise support. I will update this post with confirmation of direction, I feel that this squeeze may set the direction for the upcoming weeks. Something is coming, queue the music...
Bitcoin needs to break moon man level 7780 to have a move up, other wise its possible we could break past ambulance level and head towards umbrella buy zone.
The low volume we are seeing normally follows a high volume sell off, what follows next? Lets wait and see.
Bitcoin - The Bigger Picture (Re-upload) If you have any questions feel free to drop them in the comments. Thanks for all the likes and follows guys, I appreciate it!
(Re-upload) - I will keep charting this pattern until it is over, if bitcoin breaks either of the purple lines I no longer believe in this pattern. If you have any questions feel free to drop them in the comments. Thanks for all the likes and follows, I appreciate it very much!
Here is a trade I will be attempting, seems legit ¯\_(-_-)_/¯. Bitcoin is showing some bullish signs with higher time frame ttm squeezes firing long, so I would keep an eye on it. Remember to take profit as you don't make a profit till you take a profit. Trade safe everyone.
EOS is flagging a daily squeeze, and is currently holding the parallel channel I have on the chart. Aggressive stop-loss would be if we fall out of the channel and a more conservative one below the red horizontal line. I have two targets quite high up on the chart, however I would watch the daily ttm squeeze (if it fires long) to see when the momentum starts to decrease.
Here are the trend lines I am watching. Trade safe everyone!
Bitcoin fractal - has to hold 7900. I wouldn't trade off of this fractal, its just a bit of fun. Trade safe guys!
Has to hold the pink trend line for this wave count to have a chance. If we break that trend I think we are heading towards for the bottom orange one.
Get on those tin foil hats! We have an Interesting pattern on bitcoin where we see a trend change around the 6th of the month and the fractals taken from two month prior line up well. I do not think this will continue, but I've made a chart to keep an eye on it.
Bitcoin having just broken the purple trend line that we have bounced off several times, makes me believe that this inverse cup and handle will likely play out. It will be good for the bulls if we make it back above the trend. I am no expert, but here is my idea.
Bitcoin seeing rejection from my upper log trend line, linked with bearish divergence means we could see lower price on bitcoin. First target would be 9565. If it makes it above the trend line I think we are going to continue up. I am not an expert but here is my idea.
Bitcoin 4hr. Here is a possible bearish idea on bitcoin. I am not an experienced trader, but here is my idea.
Bitcoin buy zone 7650-7250 Watch for break of red trend line
Bitcorn showing a 12hr Long Squeeze, be safe though as it may switch.
BTC 4hr Squeeze could go either way. I believe in the Corn :).