Level to watch death cross happened. 50 Ma weekly might act as a defend level by bulls, if not for a reversal at least for a decent bounce to 8K. We may see another up to 500 usd dump before 8K (previous death cross), but so far 7K holds preety good, im thinking bcs of the 50 ema on weekly acting as a doom protector for now. In 2018 we crashed from, 20K and...
the Blue one... same shit as happened recetly, FA: chinas new year as always china china, china...
We made a lower low today so if trendline is broken to the upside this might be bulish reversal, if its not we go down to test below the Sar teritory on monthly chart. So area 8800-9166 is a deleverage level at me (maybe even 8630 partly. Low leverage small trade, so that in case we do not break that level, or if we even dont touch it, i will sustain the dip to...
been checking 4h chrt, and it looks like it, decreasing volume, round bottom in the making, we made a nice "scam" wick and back to support, SAR dailly is at 9166, anyway TP for round bottom is arround 8.45K, but at the same time its also a falling wedge breakout, so it can be extended to 8.6k-8.8k even 9.1k... lets see
if 8410 isnt broken to the upside we do that, if it is and that it acts as S, we have bottomed already, and no more new lows
We have retraced to 61.8 fibo retracement on weekly chart. So the retracement should be completed. We are also in falling wedge, waiting for decisive break. We just need few days of sideway movement trending up ofcourse then crazy bull candel is expected. Lets see..
i say 20 vs 80 we dont dip to 61.8 fibo recent rally, but if u do going for the bigger catch then have sl below 8.4K just in case we do dip if trending long, anyway im just tiny in btc and scalping it while trending alts
First fibo retr. reached now the second one?
lets see.. trending small long SL 8450 TP 9060 might be adding, but extreme cautiosly, so that LIQ wont be higher then 8.6k
First of all no trade in BTC, but yes in alts. So many ppl waiting for 8.6k or 8.8k, not necesary it happens,..ps.s they might be disapointed. Here is 2 stupid facts. First off all, if we would first pump to trendline that is arround 9366-9.4k and then dump to 7.2K from 8.2K, like in this scenario: then bearish scenario would be a lot more likely. But we havent....
buy below 0.00666 TP: 9K, 11K, 12.3K and 13.6K satoshi margin: 1:3