pixelizedchaos

pixelizedchaos

Seems like most indicators are showing a bottom out, if this breaks, we could be looking at a longer term bear market.

pixelizedchaos Updated 

Descending broadening wedge + head and shoulder pattern seems like its forming, the right shoulder should bounce off the 0.28 retracement and the cloud. Not a financial advisor, for personal reference only.

pixelizedchaos

I am leaning more towards a bounce off 9300-9000 however it is important that we prepare and are prepared for any of the three following scenarios. There is a lot of indicators that suggest a bounce off the 9000 point, including the top cloud, 0.238 retracement line and top of the downward channel. However, volume and a lot of other factors will play into this....

pixelizedchaos

For personal reference, looking at buying more privacy coins and holding on to them as they are all bottoming, XZC also has other indicators supporting upwards momentum,

pixelizedchaos

This is for personal reference. Looking at the 1D chart with the 50/200 EMA suggests that we are still in a bullish market. But with the current supports and resistances, it might be difficult for bitcoin to break out easily with current volume. To keeping an open mind and hoping for the best. DISCLAIMER - I do not trade BTC in the short-term during a bearish...

pixelizedchaos

For personal reference, but am currently setting buy limits at most of those supports, with solid targets and stop limits. I am bullish on BTC, however, I try not to let that cloud my judgement , I manage my assets in a technical way without letting my feelings get in the way. If BTC goes down temporarily I will capitalize on it and if you're experienced...

pixelizedchaos

This is for personal reference. Please DYOR but I personally see a triangle forming with conflicting ichimoku. Almost above the cloud, and just need a full cross above for a huge move up.