pkmelee337

pkmelee337 Updated 

Having trouble posting charts all day. This is what I wanted to post this morning. Well, yesterday was quite crazy and we even broke the green support zone. I got to admit I didn't expect that. As of now we are still in a very steep downtrend channel, but hopefully we found the bottom here. Bull and bears are still fighting this one out. If we take a look at the...

pkmelee337 Updated 

I wasn't able to trade today, so I mist the opportunity to short this drop. We were on top of the triangle, failing to break the 0.786FIB lvl on the daily time frame. Also divergence was slightly bearish and volume wasn;t too high, so this drop was hard to avoid. No problem, this gives us just some new oppurtunities. I'm still bullish on bitcoin and I think we...

pkmelee337 Updated 

Since we broke out our channel I can see another Falling wedge forming on the 1H time frame. That said, next support lvls are between 8150/8350 based on the 0.681FIB lvl and previous support and resistance.

pkmelee337 Updated 

Bitcoin entered an uptrend channel. Placed my buy order again at 8.7k so let's see what happens. Previous idea and bigger picture:

pkmelee337 Updated 

Been following this chart for a few days now. Still valid and hopefully a bounce around 7.2k. That would be in the falling wedge and around the uptrend line since July last year.

pkmelee337 Updated 

Drew this one this midday, hope it's spot on! :-)