An update to previous Macro plan, this one including ranges of interest to me. Info for fun (but one i'll play). If we achieve my buy zone, it should be an easy 10x. only time , and invalidation will tell us now.
Just some random squiggles based on available information. The main take is - keep stacking. Feel free to berate.
Looking for a push to 105.3 and will short from there. Targets as shown.
Idea = Continuation of previous resistance rejection. Levels marked out , with clear invalidation.
Next are of interest for me. After bearish test of 4hr resistance, bounce on support - which it looks likely to test again.
Adding a short scalp, tight SL - end target remains the same. Now to see if it fills.
Following on from the Monthly view, here is the all time weekly indicator. Red (Pill) channel Blue (Pill channel Choose your route. The matrix awaits.
No other chart today, finding reasons to be bullish. Here is the all time monthly RSI for BTC. If the channel is to be respected, then price will have to recover. - 2 weeks left to find out.
No other chart today, finding reasons to be bullish. Here is the all time monthly RSI for BTC. If the channel is to be respected, then price will have to recover. - 2 weeks left to find out.
Looking for a push into $17400 before rejection and reload at lower support. *squiggly line alert - counter usually pays. FML.
Provided the dollar (and a certain exchange that shall not be named ) behaves, i think we see a pop back to $19k in the next 24 hrs. If it does, and builds a base then a weekend foray higher looks likely. take it from there, but a rescue plan for FT* next week coupled with a good PPI result could see it catch up on some of the recent stocks performance - and...
Just having a bit of fun , this trading malarkey can get all too serious. Anywho, will the bike get a puncture? or get some 'air' ? ....
* Disclaimer - as previously noted, when i draw on a chart, the price does the opposite. So feel free to counter. Beautiful spring action, volume profile fits. Should see $20300 initially, then go from there for next targets
Thought/ idea for Bitcoins PA - should probably be aware that whenever i draw a squigly line - the price does exactly the opposite! - use this info as you will. Good Luck
Looking for $23820. Its a 1 minute grid but TV doesn't allow anything less than 15m for public. Shame as it loses some of its aesthetic. Anywho, enjoy.
Straight forward channel, but which way will it break? Tested upper and lower equal times - range is fairly tight so bids can be placed to take advantage either way. Enjoy.
Bitcoin potentially printing an hourly bearish evening star pattern, at least shooting star or gravestone - at resistance. Next candle start will give all the info needed for potential targets but its a short regardless.
From previous post - daily looks a decent long setup = until we zoom out. Now same chart/time but on a weekly timeframe - sat at weekly resistance - not so bullish now.