BTC was rejected at top of June to October trendline (~9000), previously bounced off bottom of July to September trendline (this is our bottom ~5900)
Idea is BTC heads back towards July September trendline to refule for breakout towards downward trendline from ATH
Could try to scalp in between at 7200 and 7900
Ultimate target is 6100
See how this plays out
Here's the big picture:
BTC bulls, time to get your stingers back
youtube.com/watch?v=LG_f1GzmwHo
Idea is BTC heads back towards July September trendline to refule for breakout towards downward trendline from ATH
Could try to scalp in between at 7200 and 7900
Ultimate target is 6100
See how this plays out
Here's the big picture:
BTC bulls, time to get your stingers back
youtube.com/watch?v=LG_f1GzmwHo
Note
ALTs pumping could be dump on horizon, not sure yet just watching, BTC has kinda been riding this pennant/parabola, maybe won't wave down too early to say Note
looks like this idea is bust for now, see where the FOMO takes usNote
lost this trendline now, let's see how strong a resistance it is
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.