Breakout of down trend line + inv H&S about to complete. Guys, im startin´to get a lil´ bullish :D
Hey guys, btc isnt looking too hot right now. I expect some kind of bounce, and since it didnt happen at current level, I think it can happen at 7,2 k area. Head and Shoulders buy zone target would almost exactly be previous bottom.
Im pretty sure we will break the ascending channel soon - Maybe we will find some kind of support above previous high, maybe not - As you can see, MACD is just crossing over while we are already close to the lower trend line support. I hoping for a support at 7k ish.
Maybe this is something, maybe its not. Considering all the FUD I am patient and waiting for a sign.
And it looks like it will - even though we are oversold af, but I feel like TA barely applies right now.
Hey guys, we are coming pretty near to an oversold range right now. There is the possibility of a double bottom into breakout, but I think Momentum won´t be enough ( 2h MACD crossing) for that and we may see a huge H & S forming, which would break any current support... Be careful.
Yeah, pretty much the title. It looks like Momentum isnt enough, i expect a pull back to the ascending triangle line, before we break both resistances. ImO there is still the possibility of breaking the ascending triangle and double bottom.