After massive uptrend we had ABC flat correction. Ada is showing us strong support and we can see continuation to the upside with 5 waves theory. I m long here. Set your SL and be defensive. Be careful!! Hitting 1$ even higher is very possible target. See the chart.
After failled attempt to break down form support (26 700), Btc is testing highs, again. In case we will fail breaking the resistance to the upside there is potential for distribution event. Also the RSI showing us bearish divergence on many timeframes. On the other hand we are in strong uptrend for last monthes and there is possibility for testing the 30k level....
UPDATE Hello guys pretty spicy price action (last 2 days) after fomc meeting. Makes me think about diamond reversal pattern. Definitly not the prettiest one. Bearish target is abou 25300 but in case of reversal patterns it make a change trend for a mid term (keep part of the positine after hitting 25300) . Take partial profits on the way down to 25300. Gud luck...
Hello guys pretty spice price action (last 2 days) after fomc meeting. Makes me think about diamond reversal pattern. Definitly not the prettiest one. Bearish target is abou 25300 but in case of reversal patterns it make a change trend for a mid term (keep part of the positine after hitting 25300) . Take partial profits on the way down to 25300. Gud luck...
Definatly im taking this absolute perfect short opportunity !!! Im already in trade .. Good luck guys! Only for your own risk. Be carefull out there.
Hello, looking at the chart I see some kind bullish acumulation ( falling wedge). We are in agresive uptrend last days and maybe this is the time to join the boat. The volume looks still more bullish, and roght now btc is breaking the resistence. I mean this is the risky one but the profit can be really sweet. Good luck !!!
Hello, it is very possible we will see a bearish momentum in next coming days/ weeks . Range around 23500 would be a nice entry . SL: 24300 TP: 1. 21500 2. 20200 3.we can see retest the lowest point from june If it goes our way try to keep some percent of position , it would be really nice trade in scenerio thete will be continuation of...
Hello guys , i think this is just a retesting resistence an we will see dump in next coming days. This van be nice entry into a small short position. In case we break 57,5- 58 we have to close it . Good luck in this volatile times ;)