We are on big support, it is value area high, also daily level and fibonacci golden pocket. On the higher timeframe we are still forming higher high's and higher low's, which in my opinion is bullish. I expect another bounce to 50k-52k in May and then we are going to go lower in summer again maybe then we can expect 31k? Lets see. Another indication on MACD...
Elliot wave theory. If all goes to plan we can see next our weekly support level at 31k. If a lot of people pay attention to the Elliot wave ABCDE waves then there could be manipulation from tp1 to higher. I would search for shorts.
Waiting for this trade to come for a long time. Heavy resistance ahead, us30 resistance and also war situation, lets see what China does have to say in this also. This economy could easily turn into shitshow real quick. Classic bulltrap manouver. Lets get all bullish and then dump on these hopes and dreams. My only hope not to get liquidated, i will run without...
Hello again! After our very successful short positions from 48k to 38k, i can see lot of long possibilities in the markets. Id like to be bullish on 37.9k on Bitcoin. Maybe scale long all the way of the bearish manipulation wick what occurs before we are moving bullish. We need to look where are market movers setting their Buy positions. As told before us30 was...
Short idea, chart says all the info. a lot of resistances ahead.