Still bullish until we break 11 120
1st : Cannot break under 11 120
2nd: break over the downtrend line
3rd : put a new high over 11 823 to keep the trend going,
Anything under 11 120 im turning bearish until a new higher low and breaking 11 120 that would become resistance
for those who are asking about XRP, the only way i see an opportunity to get into a position Is by trading it against BTC, wait for a break of 2818 sats, very simple, it is not worth at the moment if you have any fiat to enter an XRP position instead of a bitcoin position,
as alway sim not super active but I've got a lot of request for chainlink, so here it is,
chainlink momentum is picking up and i have no doubts we will see amazing gains in the near future as long as the charts are bullish, but be patient LINK is extremely extended, do not get caught in the FOMO, we will see a return to the the 21 daily ema and also the 382 fib...
guys we had a beautiful run and made a killing the last few weeks,
but looking at the weekly chart, we can see that we are wayyy way to extended,
no matter the trend, long or shirt we need a pull back,
on my indicator we will soon have a buy signal, but the buy signal is only if we break previous pivot,
i dont see us breaking 10517 without a pull back,
we broke out of the second bear flag we were forming,
we need to put a new high high over $8968,
if we put a new higher high we could have formed a V shape recovery, trying to retest the previous highs at $9200,
we definitely need to see what the next hours are going to give us,
i would consider a reentry long if we put a new higher high, it would be very...
broke the downtrend
we are consolidating at support having a double bottom so far at $8780
if we break it and break 8730, will be shorting bitcoin with the continuation of the current 15 minute trend, target 8659
if we break $8900 will be taking a long depending on the pattern it forms with target to $9000
be safe traders if you have a question don't hesitate
reenter a second position at $8888 with a stop at 8819
waiting to see what will bitcoin do today,
we want it to keep the uptrend not breaking the trend line and we want bitcoin to break resistance at $8952,34
if we break 8952, we want it to keep going with the trend-line, if it breaks the trend line, we want it to retest the resistance area and becomes support...
guys i will open a long on bitcoin over $8785 5x leverage
over the 21 ema
broke previous trend line
retested support for a double bottom
hopefully we can chop a little under 8785 before breaking it
also indicator flashed buy signal
entry $8785 after clearing order book, will anticipate the entry few second before to avoid slippage,
the charts aren't telling us much for now,
yesterday short at under $8400 is still in play if we break $8400,
we can see a bottoming tail on the candle at 13:00h after 3 red candles down, possible pull back in the short time frame, watching to see if the bottoming tail candle was a retest of support and how it will act with the $8680 level, if we break it we...
If bitcoin break $8399 +/- i will be shorting it, with a target to $7800+/- , massive opportunity,
we will be looking for a new lower low and breaking the possibility of a double bottom retest,
don't be foolish don"t be in love, this is a massive opportunity if you missed the move up,
target $7800 +/-
entry under $8399 +/- ONLY after clearing the buy order...
lets keep it simple as always:
looking a the chart like this is so simple and clear, no spaghetti charts with a million indicators,
for a new bull run to star the first thing we need is, for the monthly candle to close over the 21 EMA,
second, a monthly candle to close above the trend line,
and the most IMPORTANT thing we need is to put a new higher high OVER...