It looks that we have a bearish diamond on the 2hr chart and a Hanging man candle at daily. I'm out for a moment.
So I think BTC it's going to descend to target 1 and maybe but less probably, target 2. Now, maybe it's time to start looking for altcoins.
Getting out of the channel would invalidate the idea.
Take care, high volatility (and winter) is...
Pitchfork and ascending triangle.
We are very bullish at this time so I wouldn't expect to go bellow the middle line of the ascending pitchfork.
Only a disaster could make BTC go bellow that: Another lockdown with more serious containment measures, problems with the vaccines, global economy retrace, alien invasion...
It's not a Short idea. It's just points to...
#ATOM/BTC at 0.0002795 sat
Entry 0.0002800 - 0.0002750
Support: Bottom Pink Line and 0.0002560
Resistance: Top Pink Line and MA100
If it breaks the resistance it will go around MA100.
It could be a re/entry at confirmation around 0.0002800 - 0.0002900 sats
It's my first post.
It'll be nice if you leave some comments to improve my charts and...