Remember one's again 💯⚡ Seriously !Remember one's again 💯⚡
Seriously !
BTC parabolic move coming soon 🎆💥
So get ready for that 😌🔥.
Bigger
Bitcoin: BTCUSD Big Beautiful Bitcoin Clean Chart UpdateBitcoin Update Big Beautiful Bitcoin Clean Chart
stopped out of last trade for 50 point los, and up to 100 if
looser. It's finding support and building pin bars off the blue
old resistance line from the old highs.
Should stooge around a little longer, moving between 7830
and 7719 before likely moving up again. If 7719 gives way
between now and early on as far Eastern markets open
it should find support off the recent highs at 7510 and off the
lower big parallel too. looks more likely, as the pattern stands
now, to move sideways off 7719 line, turning old resistance
into major support, should it continue to hold as envisaged.
So it's a buy now and over the next hour or so. And if this
level holds, you can probably call it the freezer lid. If it holds,
Bitcoin is finally tagged, bagged and now so close to having
the freezer lid slammed shut. If we see this price action
evolve over coming couple of hours only then can we maybe
claim the trophy. If so, let it ride, lock the freezer and hide
the key and let's see where it takes us. We only need to worry
if 7719 gives way. Well done. So close now to throwing away
that key.
Stops need to be uder 7700 as if it fails it should test 7570
where it becomes a buy agin with stop under the parallel.
Bitcoin: BTCUSD Bigger Picture Clean ChartBitcoin: BTCUSD Bigger Picture and Clean Chart
We are long from 3 buy points today:
!st was the break and hold above key resistance at 6950
(after closing out a 230 point gain as this level was hit and then
losing 50 points on the ensuing short from the same level)
2nd on first touch of the lower parallel at 7090 (stop 50 points lower)
3rd on the break above the continuation pattern highlighted earlier today at 7170.
Need to put a stop under some fairly hard-won gains and also put a limit level on
for exit, if we see it, before the stops get hit.
The stop on all positions can placed just under 7200. Bitcoin
has been good to day traders again, pinging off support and
resistance lines, though the lows were 13 points higher at
7090 than we could have done with as the perfect entry point
if 6950 break had been missed earlier.
That spike off the 7346 resistance line is the first for a while
and so it could be that when far Eastern markets open it could
get sold off...if so, look to buy back at 7134 and below down
to 7090 with stops under 7060.
On the upside, providing we don't get stopped out first,
we should look to exit at 7540, or just under.
