wordsforthewise

wordsforthewise 119 views ・

Bull flag with EW in a few timescales. Not sure if I'm properly following the EW rules yet.

wordsforthewise 113 views ・

Looking like BTC is retracing Fib levels, and I'd guess the next big support/battle will be at 8.6k. Breaking this support, I'd guess for price back down in the 7k's.

wordsforthewise 73 views ・

Not perfect, but looks like we could still be in a downward channel. I'd hope for one more correction down to around 7.2k, then a breakout of the longer-term bull flag.

wordsforthewise 84 views ・

Suggesting down 1.5% within another 6H

wordsforthewise 101 views ・

H+S on the daily seems to be playing out, I'd expect it to go down ~8% judging from the HS height, meaning we still have a bit to go down. Expecting a long-term bottom around 7k at the Fib retracement level.

wordsforthewise 102 views ・

Possible head-and-shoulders appearing in BTC daily bars; would expect it to take price down to around 7.1k. This should be the expected bottom in the longer-term from Fib retracement (61.8 retracement).

wordsforthewise 60 views ・

The idea is in the text caption.