RageGear

RageGear

I keep seeing the same pattern...looks like a bull flag but we get some wicks and a DOUBLE leg down. in case the bull flag plays out I have some fishing orders up there to average down my short, if it breaks down I'm already in a position. thoughts? dyor

RageGear Updated 

going for a 3rd formation? don't know...appears to be the same setup for another drop if in the next 3 days we have another 2-3% drop followed by a side chop in the next triangle ?! we maybe looking a bit gloomy ...Im in a short already looking to see how it plays out and looking to add if I got confirmation form my setup . stay safe

RageGear Updated 

not sure of this but kinda looks like a cup and handle forming..I took a long on this with the first target in green... if anyone has an opinion please comment below, more than happy to hear opinions

RageGear Updated 

jumping of the fibb and consolidating, waiting for a small rally to 4.2-4.3k an maybe more if we consolidate on that level and keep the volume

RageGear

finished the week with a good spike , Monday, low volume and a engulfing bearish candle on the daily tf

RageGear

Im trying this new indicator to see if it works. entered the short on the color change and gonna exit when the color is gong to change again , doesn't matter the color of the candle..

RageGear Updated 

the bottom target is not 100% we could go to 2550 and we could see a bounce from here maybe till 5100 and if that becomes resistance than maybe another leg down till we finally shake off everyone and start the next bull run

RageGear

I noticed that btc does a move for aprox. 30bars (days) that would mean that next big thing will be around 13sept that coincides with the date that SEC will decide what's going to happen with the ETF so I guess will have to see if we gonna have a new bottom around 4-5k or we start a new winter bull trend.

RageGear

Bearish momentum the path of lower resistance is on the way down. maybe a short support around 5.8k but a better one at 5.4k and finishing the month with a higher low around 6.5k