FeederGastro

FeederGastro Updated 

The candle we're seeing on 2h chart is a 38.2 fib ext bullish spining top/ hammer. This is considered to be a reversal candle, it almost touched the support (previous resistance), and with enough buying power we might see a leg up to even 51k. Zoom out for a better view. Not a financial advice, obviously

FeederGastro

I'm no trader, so it's not a financial advice, just wanna let you know, but this looks like a bearish pennant which would be a part of Wyckoff distribution and larger SSHSS structure of the whole cycle. I would consider a successful bullish breakout only after BTC would significantly stay above 42k area and attack 50k, everything else seems to be bearish. I think...

FeederGastro Updated 

That's the healthy correction I was waiting for. Might go as deep as $0.77 with a wick maybe touching $0.5. Without this we wouldn't go so far upwards, but after that we should be able to go for the ATH with a better momentum Cheers, and happy hunting *Not a financial advice*

FeederGastro Updated 

Hi Traders, I'm still considering the idea that BTC was overbought, as the max pain point for Friday’s $4.2 billion options expiry is $54,000. Also it's interesting that Tesla would sell 10% of their BTC in this particular moment in the cycle. Since not a single chart I've seen was correct for past I dont even know how many days, I MADE DIS. I think XRP might...

FeederGastro Updated 

Hi Traders, I'm still considering the idea that BTC was overbought, as the max pain point for Friday’s $4.2 billion options expiry is $54,000. Also it's interesting that Tesla would sell 10% of their BTC in this particular moment in the the cycle. Since not a single chart I've seen was correct for past I don't even know how many days, I MADE DIS. I think BTC...