Bittrip69

Bittrip69

Im expecting a pull back on the US30. then a bounce up. if support breaks I'm looking to open a short at 29k Until 26k

Bittrip69

Bitcoin could possible correct to 17,000 before breaking the 20k range. Wouldn't open a long or short here.

Bittrip69

On the daily and weekly chart we saw a double top at rejection. Now we are seeing possible triangle. *Not financial advice.

Bittrip69

when everyone is bullish become bearish

Bittrip69

Bitcoin possible descending triangle in formation, keep an eye on that one for comfirmation

Bittrip69

Bitcoin currently keeps getting rejected by the 0.382 resistance fib level and is clearly in a downtrend. next target should be 0.5 fib support 8.8k. Breakout in the coming days will occur. in other notes, bitcoin is also forming a bear flag on the 4hr time frame.

Bittrip69

5th and last wave of the Elliot wave followed by a massive bear flag on the 4Hr chart? TARGET 9K? possibly lower? short term bearish long term bullish. its healthy for bitcoin to correct, Bitcoin went up 164% in 60 days. 40% pullback is not a big deal.

Bittrip69

As we can see her bitcoin is bouncing off support and resistance, major break out should occur in the next couple of days or even hours. This breakout will be pretty big IMO

Bittrip69

This is actually an interesting daily candle. as we can see we saw bitcoin cross the 50 day EMA line and immediately got rejected. we will have to see where this goes from here.

Bittrip69

something no one is realizing. double top forming ON the 4hr chart, in my opinion i havent seen a double top this clear. but once again this is crypto so you never know what can happen.

Bittrip69

bear flag on 1hr chart. could be going down more

Bittrip69

Can we see something like this?

Bittrip69

blue or orange? comment below.

Bittrip69

New bull run 2020

Bittrip69

Bitcoin did its lower lows, now it is doing its lower low, soon or later we will have to break out of this triangle

Bittrip69 Updated 

BTCUSD

Bittrip69

Looks like the market will be moving sideways