a lot of people got faked out on that move above the other trendline including me... smh stay on higher timeframes folks
the possibilities of a trend reversal happening and this being a bull trap have started to cross my mind.. there are some high timeframe signs of weakness as well as low tf weekly sfp is concerning after a 9 on the TD and the MACD histogram looks like its losing steam. monthly is a 9 too very low volume on the breakout too i am still long unless the hs...
looks like a bearish retest/fakeout of the hs neckline inside the triangle.. when levels get chopped like this, its better not to trade them ive realized. bigger pattern is still a triangle, but when triangles are this obvious its kinda sus tbh kinda bearish that coinbase news couldnt push it higher tbh also im guessing the whole spark airdrop is a sell the news...
imagine being able to buy btc at 700 usd D:
after a successful long scalp im feeling a little risky wanna short this shit still overall bullish but i wanna see if i can scalp short this i will flip long again if it breaks through
will this be the breakout? tired of chop. pls send
can yfi break to the upside? i think so since a break to the downside was rejected fbo = fake breakout btw
joe biden said if he gets in he will do another lockdown. i dont think he is lying. with inaguration day coming soon and no convincing signs that trump will stay in office, its looking more and more like biden will get in. dkng is highly dependent on sports obviously, and if the lockdown gets confirmed this thing is gonna sell off hard. from a technical...
this idea has been meme'd all over twitter, but it looks now like it may actually happen. the bull case for ethereum is very strong, maybe even stronger than bitcoin from a technical standpoint by looking at this chart. altcoins in general have started to look really good during this btc chop
f. wedge = falling wedge, just didn't have enough space. we have a clear path to alt season cross the top blue trendline, financial freedom
michael saylor on twitter: "MicroStrategy has purchased approximately 2,574 bitcoins for $50.0 million in cash in accordance with its Treasury Reserve Policy, at an average price of approximately $19,427 per bitcoin. We now hold approximately 40,824 bitcoins." greyscale says they bought 7k btc december 3 im not saying this is fake, but the way this is portrayed...
btc looking quite bearish here gotta go somewhere now so i cant write much else but the text on the chart really says it all good luck trading this PA. definitely not the easiest trading here
this trendline was support from 2009 until 2011 when it broke down and since then its been resistance. last week was the first week in 9 years that we've actually closed above and this week it appears we've retested it as support. this is huge since we've arguably had 2 failed breakouts that broke back below on the retests and 1 rejection since august. the dollar...
this fib is exact from the bottom of the accumulation to the blowoff top. what it looks like to me is that bulls know if they lose the .236 the real retracement will begin. if you couldn't tell i am a bear in the nio trade and bearish on the EV sector. its clearly pumped as much as it could and now it is time for the institutions and whales to take profit. i can...
heard theyre doing refunds to be fair
lol this chart is sad cuz i know everyone trading this just got rekt except for maybe one guy
2/3 wedges i have outlined in the original triple rising wedgeception post have broken to the downside. its not lookin good for our protagonist, btc. with a falling wedge on the dollar things could certainly gat a lot more messy! bogdanoff: DOMP EET
rising wedgeception is quickly unfolding. looks like the plot is thickening :3