RocketMode

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Sadly the up channel got broken, seems we will hanging around in this channel for a while

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All in one chart, one of the potential senario, to confirm this pattern, we must break 4400 with good volume. We will rise from ashes.

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"If we can't build a strong 1-5 wave directly, let's build a triangle correction wave on wave 2 (see my last post ) " The chart shows you all, i won't trade these tiny waves, i will just hold my long here. ofc, with a SL. (depends on your entry)

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Will btc make it? The next 12 hours will tell us. Let's pray for this baby. May whales/JP morgan/Goldman have merci on us. :-)

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Look at this pattern, remember it, you will a lot of money with it.

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The 0.618 fib got tested, the market shows a nice support with volume, almost hit the down trendline of the channel, i suppose the wave 2 has been finished. You can still wait during the weekend for more confirmation. Once it is confirmed, it is just a matter of time it goes for wave3. Enjoy guys!

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Becareful with btc, conserve USD value, no aggressive short postion.

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See the pattern on the chart, potential head shoulder, aggressive trader can short!

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We have retest 4200 level today, market show a strong bullish candle, let's go btc, it is your time :)

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We have a nice retracement to fib 0.382 level. I suggest set long orders at 4100 area The target is mentioned on the chart, fib extension 1 level or 1.618 level. Good luck guys!

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I expect a retracement to 0.382 level, which indicates a price level 4060. I don't suggest any long orders, i expect a total bullish reversal on daily chart, the only safe way is to long. Long entry price : 4050 - 4070 SL 3999 TP will be updated later. Leave a like!

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A double bottom forms when the price makes a low within a downtrend, and then pulls back to the upside. On the next decline the price stalls near the prior low, then rallies above the pullback high. It's called a double bottom because the price stalled in the same area twice, unable to drop below that support area. The pattern is complete, and traders may take...

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We have located nice profit from our last call. Now, these long wicks show a great support zone from 3500 to 3600 for us. Suggest long area from 3500 up to 3800. SL 3480. TP1 4050 TP2 4120 TP3 4400 There is a high potential we reach 4400 here.

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Enter long if price goes above 3900. Another long level is around 3200. We do not want to short the potential bottom here.

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Why i call it a bullish triangle? First of all we have clearly a symmetric triangle inside our death channel, as you may noticed the price is above the middle line. If you take a look at daily chart, you will find a DMI>50, which is super high at the moment, this always indicate the end of a trend. So this symmetric triangle bring much more bullish side to our...

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If we can't break 4100 with good volume, we are going to see 3.2k to 3.4k level again!

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If we can't break 4080 resistace with good volume, we are going to 3.2k to 3.4k again.