BTC is looking slight bullish on daily timeframe. If we close above 44500 on daily, I think one more dump and we rallying up again.
Those who bought dips on alts are in profit already. REMEMBER TO BUY LOW SELL HIGH.
My plan will be wait for a correction then load up more dips.
Monthly close would be interesting. Let's see.
We got some retest (you can call it bearish retest if you want to) in this recent bounce of BTC.
Finally we got some rejection at 45500 levels. The overall trend is still in downtrend so I am about 60% bearish but we don't trade biases, We trade what the market gives us.
We still yet to have a new higher high, as we closed yesterday's 1D candle below...
-Hi guys good day! I just wanna point out something interesting.
-Fundamentally, We all know what happened and the reason of the March 12 big drop but the similarity of above chart is surprisingly uncanny.
-If we can put it aside and just trade what the chart tells us, that's when it gets more interesting.
-Both rallies formed bearish divergence, we were...
-Hi everybody, BTC is getting interesting day by day especially this month.
-We have broken the Symmetrical Triangle and closed the daily candle above it but the question is:
Can Bulls Break the 2 Resistance above it?
-Resistance:
2 years Bearish trend line since 2017 (White Line) And
Horizontal Resistance at 9800-10000
-Bulls breaking above it could take us...
-With the recent dump to 8642, We are near the neckline of possible ADAM & EVE DOUBLE TOP.
-Breaking 8500 would be the confirmation of this pattern
-Hash ribbons also had a crossover
-This may be the continuation of the MACRO BEARISH TREND I pointed out on my last post.
-I appreciated every Like and Support on my ideas.
-If you have any comments or...
We have broken the 3-month rally trend line, is the macroTF bearish trend finally going to continue? Unless we break the almost 3 years (2018-2020) bearish trend there is high probability that we can see a bottom again. After all, there is a rule of the thumb, "The trend is your friend".
