BTC: Descending broadening wedge=Bear TrapEveryone is running around with their heads on fire over a textbook bullish descending broadening wedge pattern.
Which I’d say is pretty damn bullish.
If we’re lucky, the negative sentiment will trigger a short squeeze, to shake out the leveraged degenerates out of the market, before the bull run.
Don’t be a bitch, buy the dip.
Bulltard
Wipe out bulltards below 44k and bounceEven though my overall bias is to the downside and 48 was likely a liquidity grab before much lower prices, 44k low is the last solid market structure. Monitoring overall sentiment on crypto twitter and youtube , we can smell that bulltards like MM Crypto and his huge bunch of followers have placed stop losses just below 44k. Going long at around 44k could produce a nice trade. We have a good support to back us up , at the solid structure, we also have some upside room, 1:3 risk / reward easily.
Watching closely the quality of body and wicks of 1h candles around 44k area is my pull the trigger or let it go singal.
If price just slices trough 44 like it was nothing, next solid market structure is around 42k
BitCoin Doing his thing Will be your Bull mate
will i ask you this
if you holding btc throw the bad and good will you wait for him to come down again or willl you fomo
i will explain in the next comments
if we look at btc long term BTFD still Working xD
6 hours script showing this
and the result are at 1x per entery are
ibb.co
on 3 hours are still working xD
and result are at 1x per entery
ibb.co
does the script working on bigger time fream as well ? yes it does
on 3days
and result are
ibb.co
so now what? do we fomo?
or we hodl and defend him when needed?
i know i never go bear
even if btc goes to 100$
bull lets stay bull
so from now on i am your bull friend
when my script will trigger i will post it and you could join me
after all i am your bull friend xD
from what we can see now it will take a week to a month until we will have a safe signal
so hodl on!!
Potential."On the other hand, if a stock falls but the MACD flattens out and starts to move up, a near-term bottom in the stock is likely."
Trendlines are unreliable and sometimes the market can just go straight through in to a sideways continuation. But why waste a chance to post this chart just on the possibility it might go up.
T-7 and counting...
Possible R levels on way to ATHWill it dip? Is this really going to go vertical to ATH?
When can I expect a god damned pull-back!
Using weekly pivot points from the 2013-2014 bear market to point out some possible critical levels.