bigMak94

bigMak94

Here is a potential long... I use leverage and do not give financial advice. Levels are marked on the chart for buy stop/loss and take profit. So this all depends on Bitcoin, BTC is in a similar situation coming down for a re-test of a previous resistance flipped support... Also increasing volume and the decreasing price is a negative divergent so that's always...

bigMak94

Abit of Hopium for all that need it today... This red day could be the bullish re-test we have all been waiting for and as well all know BTC LOVES HIDING ITS BOTTOM!!! Watch these levels!!!

bigMak94

BTC is on the pivot from a complete bear market or just respecting this range of a scary large bear trap... Using the previous price action as an example we can look for a bottom by watching for rounded bottoms on the bottom trend on the range. We can see that BTC does indeed print a few rounded bottoms quite clearly at previous bottom so hopefully we can see it...

bigMak94 Updated 

if this pattern plays out there is no reason for the target not to be aimed for which is 13k...

bigMak94

Very low volume so i would look for a rejection of current trend... Hopefully rebound on lower trendline.

bigMak94

Good trend to watch!!! we need a higher high above 69k to prove to me we are not going to 30k region. Comment where you think BTC is going??

bigMak94

All details are on the chart, i have removed indicators except for 50/200 EMA ... You can see the FIL has formed a desending wedge, with another weaker desending wedge (red line) giving us a great buy in area. For high leveage traders you could look to the red line for a stop loss. where as low / no leveage traders could look at the stop loss line i have marked...

bigMak94

Now we have a strong support level acting as a pivot point for previous (linked) trend idea. i have marked all the times it has been respected, even in the last climb this level was very informative for trend... so using the 52000 level as a pivot we can see a break below this level will validate for me a 30k region re-test... if a strong bounce occurs of this...

bigMak94

Simple bearish wedge pattern to keep eyes on for a nice trade... looks like it could be breaking down right now... I am looking for a rebound but not 100% on where it will happen yet... long term i still feel a retest of 30k is coming... short term a little rebound is expected...

bigMak94

This is purly just what is on the charts, a big BTC swing or some rogue tweet could obviously change it all... Look for trend continuation while BTC is below 63k, the buy zone would be amazing but is a long way to go... Factors - Bullish engulfing (daily) + death cross (daily) note : Is a large bull flag so there is allways the chance it breaks out before...

bigMak94

I do not think it will die just a retest down towards the 30k region. why? the trend is your friend, and that is a clear failed breakout. unless it breaks out abouve the top trend line in the short term i would look for a great buy in opportunity at 30k zone

bigMak94

DADGE check this out watch the levels... Potential 30% gains soon

bigMak94

BTC has printed a M retracement patternt so could make some money on a short position

bigMak94

BTC has just re tested the wedge it broke out of... this is the last chance for BTC if it can bounce with voulme of this level... If not look to the levels i have marked

bigMak94 Updated 

clean rejection of previous neckline from H,A,S... Volume spike or downside, its that simple currently...

bigMak94 Updated 

bearish indictators everywhere and i head and shoulders on the 4 hr

bigMak94

BEWARE OF THE DREADED BART SIMPSON PATTERN!! :(

bigMak94

Come on BTC break the asending triangle... if volume spikes this will be very good for BTC