$BTC might drop here in price evaluation due to fall in volume, which may mean reversal. Could see a drop to the 20EMA on the 1hrly (roughly around the 1 on the fib retracement) OR a drop to the YELLOW resistance trend line formed on the daily that we broke through recently. Either way, we could see a retest and then a easy bounce up to around 47k due to lack...
#BTC held the support of the 0,786 fib retracement, which meant that it continued the uptrend. We can see here that a symmetrical triangle is being formed here as a bull flag. If we push up and break the massive yellow trend line of resistance, and back test to hold, we fly.🚀
Falling back to the golden ratio 0.618 on fib retracement i opened my long 10x already 30% in profit! will probably see a retest of 0.298 and then proceed to pump to 0.3081. My stop loss is in profit, at around 0.2957
Massive short opportunity to previous resistance/support on the 1 hr time frame. Could see a bounce on the $39.9k before dumping through the resistance box and looking at price level below the $38.6, or bounce back up to $39.7k. I will be shorting this with stop loss of $41.45k on 10x leverage and will be taking profits at $38.7k before re-evaluating the situation.
Huge arc formed on the 4hrly, seen many patterns successfully being reached. Massive descending triangle formed, targets are insanely high, completes next leg up of arc, BREAKING OUT NOW! Could be seen as a bull flag, see white line for potential target, however this may be a little far fetched. ################# Stop loss = $0.27 Take profit = $0.38 #################
BTC Price Action w/long opportunity Head and shoulders formed on the hourly, could see a dump however descending triangle also seen, support held. Could see a pump up to resistance before dumping.