If BTC can stay above the green line that has been broken recently... as you said in the related ideas we hit the bottom then and slightly we are going up and up and up...
we see a strong resistance here and market don't give a shit about what I think 2 scenario I'm considering, first we broke the resistance so we can see more gain on celr and can buy on pullback (but I have it from very deep so I just see in this scenario) and second scenario is rejecting... in this case if BTC just be calm and nothing bad happens I'll add...
I don't know! I have faith on this area so as we are above it and it act like support I'm ok but if BTC break that area... let's hope not!
In long term I'm bullish in this chart I feel the same pattern will happen soon or later! so I will buy at the bottom of rectangle or after breakout on retesting the top of rectangle.
I'll buy at this points and have a stop loss if 2 candle closed below the red fractal ...
just publing some lines btw I'm just watching carefully
just trade on your own decision and risk
We should wait for some candles but I thik it may be a pullback to broken trend line... We'll see a lot of red or we go for recording ATH again! Who knows...
always have stop loss! especially on volatile market
WE just broke the weekly fibo! do we have more fuel to touch that with daily fibo?! srsly I dont know we should consider PowerOfFomo but I personalu sell at that price with a tight sl good luck
as you see we are deep down It falls on the upper vertex and I guess it's time to show the next path! I agree that it's not a good triangle but let see what will happen we aren't lower than this except 6 month ago that we came back from 154! the purple line is price that touched once about a year ago and after some days price didn't fall even lower than the green...
we trap in a triangle so I guess some range candle again until it breaks one side under us we have 1 strong 2.5y resistance that I guess now it should acct as a strong support, I hope so :D we have a CME gap that doesn't fill completely so I guess we touch that area (~9650) and then we came back and go straight up I hope so! It's my analysis that i published! I'm...
let see where are we exactly at upper line of channel that I draw after some days of bloody days after corona that we are for some months! but just broke monthly fib and daily! RSI about 79 ! volume is going a little upper these days and US election result still uncertain (and I guess the effect on BTC uncertain too!) I'm not trading right now and I'm just...
everything is clear on the chart :) right now It's couple of days that MA 100 try hard to hold us and btc also trying to go down! aftare touching the gap I gues we move up fast, we have 2.5y resistance on that era that it should be strong support right now! we also have EMA 200 on there so I hope all of them make a strange support zone