Just spotted a bullish divergence on the BTC4H chart. Let's see how this ends up. I stll keeping my longs open, the pump isn't finished yet.
There is something creepy in this chart. :-P I am expecting for FIL the same story of CRV . At least could be the easiest short we had in crypto.
Spotted an Head and Shoulder pattern on the weekly timeframe.
I gree with Cointelegraph with this article : cointelegraph.com This range has been traded for years, we need bigger volumes to push the price above 9600 . The support and resistances are clear , we may need to touch 8400 or 7800 before a run up.
Bitcoin could touch $9000 by the halving . Obviously it's early to say it , at the moment I closed my Long position at 8350 , waiting for see some structures where see better the price direction.
Bitcoin seems almost ready to test the $8000 level. Higher lows are a good signal in that direction. I still with an open long here.
I am expecting the price to retest the higher levels. Planning to set a trailing stop in case of a breackout.
Call me crazy , but this is a bull flag. Something is happening here.
I am waiting for the daily candle closing. If still above the 200 EMA , I will long at 6850
My previous analysis was right , I close that l long , looking for a retracement and buy back in.
Nice head and shoulder formation, looking for buy at 1690-1695
The range between 6400-8000 is where I think the price is headed .
BTC price action bounced off the resistance trend line of the channel, if we consolidate under resistance I hope for a breakout.
Bitcoin 5800 support is holding strong, I am not opening any short position on BTC.