daniel21btc

daniel21btc Updated 

BTC is bleeding. Tbh, nothing unsuspected after such a short term bull run. However, as we couldn't make it thru the 61% fib and were unable to hold the 50% fib from the last ATH. For now and as long as BTC is not pushing over $10.8k sustainably, I am a bear and my next targets for long term entries are as indicated by the green arrows. I am going to double down...

daniel21btc Updated 

So many falling wedge patterns within the altcoin market. XEMBTC looks promising for a take off to the 200w EMA.

daniel21btc Updated 

If it breaks $0.0963, I am longing. Also note the XEMBTC-Chart in the references. XEM is crazy cheap right now.

daniel21btc Updated 

BTC is currently struggling at the 38% fib from its ATH. However, trading from this channel the $10k target will essentially mark the upper line of the channel. Watch those red lines carefully as BTC may prepare for a big dump into the abyss.

daniel21btc Updated 

This could explode very very soon. :-)

daniel21btc

Next target around 38% fib with a close stop loss. Also note the ETHBTC chart. ETH right now is super cheap.

daniel21btc Updated 

Right now, I am not having any regrets closing some longs of my trading stash. However, we could easily be in for the psy 10k move or even to the 11.5k (50% fib) which makes me hodl onto some of my longs. Don't get caught buying the top. Don't let some YouTubers say that we are heading straight to the moon ... At some point a retracement is imminent.

daniel21btc Updated 

Rising wedge pattern which essentially forms the right shoulder (4h):

daniel21btc Updated 

4h Chart may indicates a raising wedge pattern which is forming a potential right shoulder. According to fib-levels starting from $3.1k to the head $9.1k: If H+S pattern gets confirmed, BTC could retrace to $6.1k (50%) and $5.4k (61%). Also note that BTC crossed and closed below the 21 EMA for the first time several days ago.