Morning folks. This is just a quick update to point out that we now have a bull flag printed within a giant bull flag. This gives us two sets of targets--a short term and long term target. Note that the bottoms of my buy zones are the full targets of the bear flags--however, because we often do not reach our full targets, I have expanded upwards. In terms of...
That long awaited golden cross on the 4 hour that we were waiting for to send us to the moon is hours away from being rejected. The spaceship is going the other way, friends. At least for now.
Its hard to not get caught up in the anxiety inducing ups and downs for the 5, 15, 30 minute charts, and even the hourly and 4 hourly. But if we take a step back, breath for a second, and try and reassess from a bit of distance, we can see that a giant Bull flag has been printed on the daily. This daily structure would negate many of the structures observed in the...
Good afternoon/evening/morning/middle of the damn night traders! BTC has officially hit the 200 day EMA--this is a historical support level that has not been breached in 3 years. While I would have expected to see a major bounce off this support level, we have at least seen the price catch here. If we breakdown at this point, we may see a pierce of the 200...
First idea being published here, despite using Tradingview for a long time time. This is not a long term analysis. Rather, trying to anticipate where we go in the coming hours. This looks very much to me like we are forming a bull flag. Could see some quick shorterm upswings in the very near future. Criticism/tips very much welcomed.