Meridians

Meridians Updated 

Doing a fib retracement from previous low on the monthly shows our 0.786 lvl sits around 17k . In my opinion, we will likely wick way below that before the monthly actually closes above the 0.786 lvl . So I think 13.8k is on the table, worst case even dip below 10k real fast..

Meridians Updated 

0.618 fib level aligned with an established support/resistance line .. thinking we come up to just under 33k (where ill be looking to sell) before BTC continuing downwards if a 6hr candle closes above the 0.618 level (33k), then it's very likely NOT a dead cat and the chances of the price continuing upwards are high just my thoughts

Meridians

I think we bounce around in this blue lines for the next few months and these levels are where I'll be putting my buy orders

Meridians

Seeing how this weekly just closed, I think the chances now are very high the next week or two will be big red bringing us down to the 25k area which would be our 11 year support levels. I'm going to be building up a low leverage long position the next while, making sure my liquidation level remains well below the 11 year support level to stay safe.

Meridians Updated 

Everyone is watching the bear flag forming (red lines) calling out 37k as the floor, but zooming out looking at the green lines I think we could easily see a fall to 35k which is a move that will mess with A LOT of traders. Like once we break the false floor of 37k people madly go bearish and open shorts, close long positions at a loss, etc. because many will see...

Meridians Updated 

thinking we retrace to just below the 0.618 fib level at around 41562 before moving up to around 44200 where where I see strong resistance

Meridians

I'm guessing this will bounce to 42k area then fall to 37k .. it would also allow a proper rejection off the 0.618 level since we haven't even touched it yet

Meridians Updated 

(same idea I already posted, just kinda made the chart a bit cleaner) I'm kinda thinking we come up, get rejected at the 0.618 level at 43300 (where ill open a short), and we continue back down where I will be looking to close it at 41480 and go long. This one is a bit riskier than the trades I usually take so lets see how it plays out White lines are fib...

Meridians

I'm kinda thinking we come up, get rejected at the 0.618 level where ill open a short, and we continue back down where i will be looking to close it at 41480 and go long. this one is a bit riskier than the trades i usually take so lets see how it plays out

Meridians Updated 

red circle showed me the 0.618 level was rejected, so I put a sell order in right at the 0.618 level hoping it would fill if we retouch it and continue down. green circle is where my sell order finally got filled and yellow circle is roughly where i exit and go long

Meridians

I just see this 42k - 42.4k area as very important support. You can see each time the bears pushed bulls back down after they touched these levels, they lost momentum each time until the bulls finally broke through it to the upside. It only makes sense to me that we retest these levels before we can continue upward.