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Cryptosupsurfer

BTC diamond pattern waaaSUP everyone, i thought i would share this one, I was charting away and drew the wedge channel BTC is in. The white trend line is from body of the candles the blue is from wicks of the candles. If you notice the blue trendline of the wedge has hit the last wick bang on You will also see the bear flag that BTC is currently in ready to go somewhere, It could form a double bottom very soon which would also make this a Two diagonal diamond continuation pattern or possible reversal pattern depending if it broke out or not. So ye theres my idea, another thing is there is a bull divvy on the 2hr. On the daily we are below the 50MA, by a thread, but if we break the 50MA on the daily i would suggest the probability would be more favourable of hitting the top of that wedge. But we will soon see, Happy weekend :)
by Crypto_SUP_Surfer
BTC diamond 4 hri thought i would share my latest idea based on that dump we just had. I see a diamond pattern here. BTC already broke out and retested, but now has broken out of its pattern and dumped back down . So i changed my anlysis and spotted this diamond So either pump through the low volume gap (blue box) take out the red vectors OR dump hard and grab the liquidity in the green vectors below. If BTC drops lower then it could form the double bottom which would make this diamond a continuation. But if BTC goes up from here it could more likely be a reversal diamond. Or it could do something totally different, im still learning, over a year now and have learnt a lot :) peace and love everyone :)
by Crypto_SUP_Surfer
BTC inverse Head and shouldershey waaasup everyone, If you have been following me lately you would of already seen my TA on BTC. Heres an update, It has played out as expected so far and BTC is very close now to that red vector range and big volume gap. It is still in its range (blue box). I have now spotted a much bigger inverse haead and shoulders pattern (light blue) but also some confluence of the small decending wedge that BTC is in right now. That would put BTC very close to the liquidity above. Bookmap is showing Liquidity for BTC at 23K, 24K, 24.35K, 24.65K, 25K. also at 21.7k but there is over 339 btc at 23 K so thats a wall right there and also 456 btc at 24 K, so thats the range 23-24K. I am still bullish on BTC, Happy Sunday everyone, and enjoy the rest of your weekend :)
by Crypto_SUP_Surfer
1
BTC updated ideaHey everyone, so i put out an idea last night where i showed a W formation and inverse head on shoulders on the 15 min TF, but it didnt play out. I have updated my idea, where it is still in its range (blue box) The pattern has changed to decending triangle with base at 23k area but it could also be a decending wedge possibly? Everything else is still in play, green vector range below, red vector range above, BUT look at that big volume gap above, thats something definetly worth keeping an eye on. It is also showing signs of support at the 21 SMA with the 200SMA in the middle of that low volume gap. Soon find out :)
by Crypto_SUP_Surfer
BTC on the 2 monthly, time to move upHere is the 2 monthly BTC chart. I have plotted the highs and lows as shown in the circles. I have plotted a parralel channel showing the hits to the high and lows which also shows the uptrend and downtrend lines. Right now we are as low as we can go now on this channel, to go any lower would totally alter the course. I think this is a new bottom. I predict from here we will go up into the higher channel lines. It is also worth noting that we are also on the spider line which is a confluence worth considering. I expect the DXY to run out of steam , thus making way for the next BTC bull run. We may get new ATH or we could go up and head back down again to the bottom channel line ? or we could pump and break new ATH. Maybe 17500 level was a double bottom for BTC, would make sense.
COINBASE:BTCUSDLong
by Crypto_SUP_Surfer
2