Looks like we need to take shorts out before major crash. This idea is an update to my last one, where i said that we could be coming down. Firstly we will go up.
It needs to breakout 45-45.5k for bullish movement. This is my first test idea on BTC chart. Let's see what will happen.
The previous trend line resistance for the wedge is now acting as support as go into the mid and upper 40's. This is normal for a s/r to flip however what I find weird is the candle we saw earlier dipping inside the wedge and bounces off the support. Previously I had stated that the 10-11th of august is a deciding day for BTC as we are likely to test the 200dma...
BTC stations at 42, 45 and 50k. After calling out the bottom, also rsi had broken out of the TL>After breaking out from the super imprtant Tline, rounded fr simplicity. station 1 is done. more importantly 200 d sma at 44800 needs to be smashed to bits. super important. on way down 21 week ema at 39670 to offer support This is Wave 5 subwave 3(I) in progression the...
Bitcoin spring starts tomorrow 30-45 Do not fall into the trap of shadows