


BeastlyBeast
Long from 9700. Looks like the bottom for now based on 6h cloud flat top kumo, rounded price action on horizontal support, and various bull divs. Next stop 16400, and ATH in April. Stop below 9300.
Just daydreaming, but what if...
Expecting a bounce off of ~12k. Will look for a safe entry on lower timeframes once we get there. Log bear trendline Horiz resistance VP low volume node 1d cloud
Well, things look pretty bullish: We broke the inverse H&S line We broke the steepest downtrend line We broke daily 200EMA Daily MACD crossed up (a few days ago) Daily MACD has formed a long term bullish divergence since December RSI broke up (a few days ago) I'm long. Entry: 8800 Target 12400 (1D cloud, low volume node, horizontal...
Current scenario looks pretty familiar to June -- extended impulse wave followed by a very long consolidation triangle. Last time we broke down. Watch out, and consider a short around 16.3k.
The pattern for the last year has been to break into a steeper bull channel every few months. Using fib extensions, and looking at the previous runs, I'm anticipating a target of 32.5k-35k before Bitcoin has another major dip/correction.
Step 1: Wait for blood in the streets. Step 2: Place order just above where the 120 SMA and previous ATH converge. This should fall within the 50-61.8% fib retracement zone on the daily. Step 3: Wait patiently for your order to fill. DO NOT PANIC. You will be tempted to move your order lower when price gets close. Don't. Step 4: Sell when price doubles or...