My perspective on the 15 minute chart price structure. If you're interested in trading on one of the top platforms/exchanges (has perks like showing you the $$$ return in a current position) www.bybit.com ^^^^^^^^^^^^^^^^^^^^ Register with the code: vJDPV Step 1: Click the link Step 2: Register and use the code when you do. Step 3: Enjoy trading on ByBit and...
Good afternoon everyone. We've broken the downtrend since June 1st and have swept some of the highs. I'd still like to see 9800 but if we start showing signs of bearish signals I'd look to build a short position. This can easily blast through 9600's once we break this resistance around 9575 zone. If bulls fail at doing that a retracement will be mandatory...
We might see a pull back to 9255 - 9400 in the next day. Otherwise bulls have momentum for the first time since the 10400 top when it started the downtrend that broke out 2 days ago and doesn't look like it's topped out at all. Update at daily close in just under 8 hours.
Good early afternoon everyone. It's just before noon in Canada & I want to start this post off by wishing everyone a great day today. I hope mentally you're in a good place and ready to finish this week off strong before the weekend volatility ahead. As you know BTC likes to do it's on thing on weekends and sometimes "scam wicks" or stop hunts are usually likely...
Is the local top 9438? or will we break out of the downtrend and test the previous high? Time will tell.
8800 or 9500? What do you think?
9000 holds = bullish. Lose 9000 and it should get very ugly. The big move is coming.
10500 is a historical resistance that we've already been rejected from. 7800 - 8100 is needed in order for the structural integrity to be maintained in a healthy way. Ever since 10k we've slowly bled all the way to 9k (where we're currently stuck under 9300 and above 8800 support. In my view of perspective, market makers & exchanges cooperate with each other...
We're in the start of probably will go down as the world's worst economic crisis to this date. See you all August 1st with an update on my last 2 posts as well as a brand new one possibly this weekend (likely Sunday before CME & weekly close) Be safe. Oh and hit that like button for me please. 👍
Every post from now on will include both sides of bias in the market. This is for your guys purpose only, I want you to really challenge yourself to look at the key area's on the chart and focus on reading it. Spend 5-10 minutes looking at the key trend-line's, support area's, and of course resistance. Notice the descending triangle and consider how on a...
This is my last post until the end of this month (probably) See you at either 8100 or 10500. What are you placing your bets on?
Today's daily close should be interesting. Decision time is very very close..... Are you bullish or bearish?
BTC is about to get it's volatility back! Daily close below 9k & bulls are in some serious trouble here. Good luck, and enjoy the rest of your week. My next post will be at the end of this week maybe end of the month. (my thought process behind this week) SPX goes up BTC goes up. SPX goes down BTC goes down..... If 8100 doesn’t hold we’re going to 6000 & if...
What's your thoughts on the current price action we've been seeing in the market. Are you bullish or Bearish? BTC this is the same chart as my last post just with better visuals (trend-lines with TP's) SMASH the like button. (it helps new traders see my page) 👍👍👍👍👍👍👍