This chart hasn't change, we break 6.5 k and we get 7.5 k shortly after guaranteed. This isn't financial advise,just speculation based off past charts/history. GL
To know what I'm talking about check out the circles in the gap. HF
The beginning of the end breads a new start, might want to start slowly picking up some nice alts along with this. The run will be magnified by EOY, just my opinion. Last I stated all time lows, before we know it all time highs and so many people will miss the ride. Good luck gentlemen.
It's all a cycle, learn it and you shall be rewarded.
Always have a plan, entry - exit - stop - profit
never go without it
or you are just gambling
better yet just put your money in a blender and see if it'll multiply it for you
Hope this chart can clarify a few things, if you have questions ask.
Good luck, happy trading.
I'm not here to say i told you so
but i told you so
expectations here is like i have said in the past new ATL
Ultimately 4,900 would be a ranged entry for long
Not before 5,768ish for dead cat bounce
followed by 4935 and leading to 4590 and 4400
I AM not saying that these numbers will occur, but they are around major support levels on my charts
Who's going down with the ship?
Farewell everyone, time to apply for a job.
Only Satoshi Makatoto will save us.
In all honesty, RSI going under on the weekly is very very concerning.
I am not a financial advisor, but I call it how I see it.
I honestly hope I am wrong, but if I'm not.....4,900 is when we will be back.
I hope everyone has a great...
Get to clenching those cheeks!
One of my lasts posts was regards to how dangerous this area has been for $BTC
7850 is my place for a solid bounce, if we somehow fail that area of support new #ATL is imminent.
The most positive thing about this post is that my trendline is still holding up. Barely.....
If we break that, expect a massive drop to 7.8 k.
Looks like a solid retracement and a great bounce for $btc @ 7.8k
Here is the tricky part.
If the close is not above 8.4 or somewhere relatively close to it, then we might continue to go down.
If we close the day about 8.4 i can see 8.9 being the next major hurdle
on another note the trendline is still popping and holding but failure could mean a stronger...
Sooo I've been talking about a healthy retracement since the beginning of this run
which has NOT happened yet
But if it does this is where I am expecting it be around
7.8k - 7.7k is my ranged entry for either a LONG if support is valid
or SHORT if breakdown is comfirmed....
I am not a financial adviser, this for me is purely entertainment and...
Entered back into the initial FAILED o uptrend because of its steep slope
resistance is strong around 7750- 7820
Looking for a close (D) above 7.8 before the next big push forward
As previously stated we have not moved back for a retracement (just sideways movement followed by upward swings)
Trendline/Slope is very aggressive I predict a fall back into the...
Last time I said you can play 2 ways
1. Break of trend
2. Break of neckline, wait for retest, jump?
At this point neckline test will be best (short of long)
Looking for a break for 6.8 and then 7.k that would lead us to a new(old) trading zone/range of 7.3-7.8k
Need to break downtrend to form possible H&S
Ways to play
1# run it up to neckline and out
2# wait for break of neckline + retest +jump
MUST BREAK DOWNTREND before the above can happen
if not another leg down to 6.k
break would lead to 5.7 or below (cringe)
RSI = oversold heading towards 50%
downtrend test coming
possible h&s formation...
Big blue 6.5k broke which lead us to go straight to 6.25~
we've entered a pretty strong liquid pool for btc and price
still bearish signals here until a little more stability
expect another bear push before run up