So everyone keeps saying that the new BTC ETF (BITX) is going to be bullish but then they say futures markets are bearish. How is this new BTC ETF leverage futures not bearish?
higher high in price action lower high on RSI. yada yada yada need more words for trading view yada yada yada.
Kinda looks like we could be seeing a fractal play out. 67K around may 9th? I'm not trading this just holding positions and watching.
Since the halving, May 18th 2020 it has been 323 days as of April 06 2021. 190 days after halving BTC doubled from 9.5k to 19k. 50 days later it doubled again to 34k range. It has been 83 additional days since last doubling, and the next double target is the 75k range. We are close and I would imagine hitting that target in the next thirty days, but I...
75k range by April 22 2021. Taking a shot in the dark and setting a date. Let's see what happens. Looooooonnnng!
looking to test the bottom trend line of the pendant. Don't freak out yet just money moving from crypto to stocks.
the Head and shoulders pattern played out 50% as I was kinda expecting, but now we are forming a pendant. Let see if this can keep the bullish momentum. If not target could be around 1350 before going higher.
update from my last post on ETH. We are at a critical point now need to break the recent local high and then on to the ATH. DXY slightly down and futures way up but well see soon enough.
looks like an inverse head and shoulders ETH target 1520 or could drop back to test 1080 range for support
possible 34k-29k retest or even further downside, buy the dip, or could rebound and for a bullish ascending triangle break out target 45k.
That 15m chart seemed to work out perfect just watching now still holding .
Looking at a 15 min chart just for fun lets see if this can play out
Hand shakes all around to the people who knew we would beat the 20k level. You just leveled up. happy new year
So far its fighting with my random line but still needs to break the dotted line or could need some adjusting to form a pattern. My solid line was a guess and seems to offer some support and resistance. lucky guess. We break dotted line and 30k looks good.
I'm Looking for a break on volume or a rebound. It's been kind of a trend for BTC to make huge moves while I'm sleeping, but does seem to rebound in the later half of the day. what I'm watching now.
Looks like we got a break over the last few hours and it seems to have retested will it go higher or consolidate here. Merry Christmas Happy Holidays
still long but looking at a potential small test of bottom purple trend line