edibleed83

05:07

edibleed83

Please watch my video. Thoughts and ideas welcomed!

edibleed83

Buy orders are within the green box area...44k-39k. For this idea to be valid, we would need to close above the trend line from October, otherwise 30k level would be next major level of support and interest. PHEMEX:BTCUSD

edibleed83 Updated 

Thoughts? Looks like we may be forming the handle portion before going higher? I just don't think we are topped out just yet as BTC hasn't show the volatility that it has in the past on the tops of these bull runs.

edibleed83

I've been playing around with the fibonacci tools recently. Fib retracement numbers are on the chart as I used the swing high to swing low on a 4 hour chart. These are potential prices that BTC can hit, but I also used the "fib time zones tool" so that we can potentially see if and when we go up more or a possible reversal sign in the market to get out.October...

edibleed83

So I am totally new to TA and have been told to come up with both bearish and bullish outcomes for the short term (hourly chart). I believe we go up 1 more leg to about $8500-$8550and then we come back down to $7,000-$7,200 area. Again, I am totally new to TA and just wanted to post this for my own records. ***This is not trading advice***