Rising channel instead ? Only lower time frame....we're making higher lows....but making lower highs. We're bout to find out which way here shortly. I think the market open is gonna play a factor in the direction it goes. Daily, it's stuck under the 200 MA and the 20 Ma is pointing straight down damn near which is def not good.
Broke out of rising wedge. Came back up and backtested underside of wedge. Let's see if we can finally get this drop !
breaking out of this cosolidation area. If we can break prior resistance then we're off to the races. let's see what happens.
Bout to break out like the other markets are doing. Lots of bullish price action across all markets
Bout to break down out of this rising wedge.
Spy is attemping to break out of supply trend line now. let's go !
UWMC...nations larget wholesale lender. pays a dividend. just broke to higher high. This is a good one for the long haul !
Breaking out of downward supply line now. Tech rally ...
Came down and backtested that bottom of wedge support and getting some nice price action today along with the equity markets !!! let's go !!
what a reversal on the day to end up with some nice recovery possible reversal candles.
As soon as gap filled. both started reversal candles..
damn look at that stop loss killer hammer wick. followed up by possible bullish engulfing candle off the bottom of that wedge formation. RIP whoever sold at 30k !! let's see if this candle holds....still a ways till close of this candle but looks good ....
Stock market crash is adding fuel to the fire....so much for store of value that rivals gold !! hahaha. but, we have hidden bullish divergence obviously on the weekly time frame. Now BTC could keep selling off and negate it but it would have to fall to 10k to void it. That's probably not gonna happen today. There will be a big bounce for sure !! This is most...
Bottom of this wedge would be around 36kish...let's see what happens here. BTC dominance is shooting up though ! Alt season over ?
Everyone running to BTC for safety ? ALTS getting obliterated right now. BTC rally incoming ?
Couldn’t get down to my hopeful entry place but This looks good here. Bullish hammer potential reversal candle. Double bottom esque with some rsi divergence. Stop under the low of candle for easy risk management.
Wising wedge. Partial rise. Failed at the 200 ma and .618 retrace from last high. To me this is most likely scenario.