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ThisInvestmentLooksGreat

This one is complicated. We are inside of a BEAR flag, also we have just broken a perfectionist's diamond reversal pattern with ideal parallel edges. We have long term downward trendline ahead of us. Also we have formed a short term BULLISH pennant. A target for the pennant is 3110 A target for the diamond is 3110!! Top of the bear flag in this case is...

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Ok, this one is a bit chaotic but you get the idea.... Downwards trendline breaks and instantly another one emerges. This one can break up and holy sh... here we go again. Warming up towards the fan.... will try it out with small bets during long period of time, start to make sense to me. Horizontal resistances and supports IMHO (IMHOOO) are more important, take...

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...or what? Last time rejected perfectly off the 50%, now possible retest but what I see is a text book bear flag. I'm not entering any longs for now. Quick scalps possible however with minimum exposure and tight stops IMHO (but hey, thats just my oppinion) I will be waiting for rejections at either retest of 0.5 or 0.382 which can potentially align with the top...

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Or this is the 2nd scenario for possible H&S In this case the neckline has already been broken. Its has been either already backtested or is still due for a backtest at around 45500 which many people are counting on. Still downward momentum is great and the fact that we never backtested neither 62300 nor 53500 prevents me from longing here. Target for H&S is...

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If you zoom out these are the 2 main lines that played the main part in BTC price action for months Both were tested, rejected, then broken and retested. Explanation is on the chart. Now we are reaching the point where we might have a H&S and if the line breaks and rejects at a retest it doesn't look too bright folks, not too freakin bright. Target for H&S is...

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but look at the volume. Ok. Im not a "guru" but everyone knows that a TRUE breakout should happen with big volume. In our case we have next to nothing. Bugger all. People, careful with longs, tight stop loss, patience, wait for confirmation. If it shoots off without retest - so be it, better to NOT lose than to rush into a FOMO trade and get stopped out (thats...

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What was a falling wedge can actually be a parallel channel which we just had a perfect touch of... So haven't seen any breakout yet Technically we are in a bear stage still so careful with longs, ALWAYS wait for confirmation, don't FOMO thats how you get rekt. Cash is also a position. DYOR

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Many traders discuss the VOLUME and indeed we should. But zoom out guys. Im an amateur, alright, but if I'm not blind we don't have any volume AT ALL Looks like most of the so called whales have left the building for a while.... Whale bought 50BTC. Footprint. Buy Buy!! Dude, 50BTC is something that most of the people can only dream about but in the big picture...

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IMHO these are the reasons 1) We got first corrective wave down and a rebound rally was going in a perfect parallel channel up, indicating a classical bear flag 2) After 3rd perfect touch of upper line of the channel we got rejected perfectly at 61.8% FIB retracement mark 3) Bear flag, as expected, broke down and was ALREADY back tested 3) Normally when price...