WidespreadBTC

WidespreadBTC

Notes are on the chart. Expecting consolidation, then bullish signal. NOTE: (**) in Scenario 1 should be (***) I can't change once published. TL;DR: DIVERGENCES

WidespreadBTC

I'm not leveraged, just looking for a place to buy back in. If this fractal plays out, we are in for some painful sideways>down action.

WidespreadBTC

Maybe we won't get to OTE. We've been doing some pretty shallow retraces on the way up, so we could also find a floor and continue up from here (in the 275-285 range) and make a higher high and push into the 300's. But it isn't feeling that strong, and , so right here I've sold with a stop loss $5 above, . If we break 270, a retrace to OTE is almost certain. ...

WidespreadBTC

I found a good pitchfork channel based on our last touch on support in the 220's. Along with some horizontal levels, I drew up some optimistic price action. Let's see how long the pitchfork holds.

WidespreadBTC

Everyone is watching this triangle, waiting for it to break one way or another. That means that we should see some FOMO whenever it does. Watching and waiting, and doing my best to avoid the chop.