Hello everyone ,
Lets take a look in 4h BTC/USD ot Coinbase . We can see falling wedge is forming witch is a bullish pattern. Trade only if the upper yellow falling line is broken with volume above average. You can take this with leverage, with a tight stop loss.
RSI on 4h is trending up with plenty of room to the top
Looked without emotions. Would you buy?
*Are you a long term investor? Do you see opportunity to add to your portfolio?
*Do you see opportunity to short . Do you think Btc can go much below or 0 ?
*Or just you hate the market and you wait for green candies, media coverage,adoption , new ATX.
Share your thoughts in the comments
The previous idea - the end...
Hi everyone ,
This idea is continuation of the previous idea . My prediction is very much in play and i am waiting for capitulation and big green rebound to set the end of the bear market . This will be the best trade to be made . No one expect the bears to stop now . Everyone is calling for 2.4k , 1.3k , the sentiment is fully bearish . Now is the time the...
Looking at Bitcoin daily chart we can see the sellers seems exhausted , one last final dip can make ultimate low of bitcoin . $3000 level is a strong support and resistance and a big psychological level.
If this support breaks is likely to see sub 2k BTC.
I am watching for volume spike , big capitulation candies and fast reversal .
Hey , in the bitstamp log chart we can see the similarity in 2013-2014 bear market . The % drop is almost the same , and we are getting the same capitulation candle .
For 2 days we are up 20 % with volume , which is the case in the V shape capitulation bottoms .
Good luck .