Posting for tracking. No Trade. Resting at support. Could bounce here and try to break ascending trendline. Not so likely, market sentiment not so bullish... More likely is finding below support area at .305 ; with ascending trendline. On Break possible short entry could take place.
Got burned, I think it will reach 4USD, then a pullback, only to continue again to 5 USD.
So, 2/3 bottoms of 5/6k weren't enough. We want to test it again? It touched fine resistance 8K+ , going 8K plus means there is still bull in this market, meaning, one day, market will go up big time, but for now, still too many sellers pushing price down, rejecting highs. Too soon to be sure. Hold your trades.
big ass bear div. approaching downtrend resistance from ath volume declining why still go long?
Hope to see pump tomorrow. Else get out since btc is dumping too. Went in at 17.1 and 17 Stop at 16.9 TP 18, or 19
A little dip so RSI can reset and another push next 1.5 week to 20?
Very interesting post of what happens with price. I can clearly see from this chart, how traders trade with price + volume + key zones only. It is so simple. It is clear to me now. It's all about thinking from perspective from other trader, in each moment. Ask yourself; - who is winning right now? Is supply stronger or demand? and why? - is price high or low...
Just an educational idea, would like to know feedback from y'all. I think (gut feeling) that we're back in a bulls market. Meaning after a small drop, we should go higher again.
Previous bearish DIV gave the dip. Now div is not as big but also bearish.
after bounce, must go down again.
See a fat divergence on the hourly tops. The low hasn't yet begun, but price is slowing down.
bear divergence forming. we need to break it to upside
hanging man candle bear div continuation overbought storch rsi seems were going down a little more
A cool view. We're looking at parabolic moves at 1H candles, or 1D candles. I thought, how does the chart look with 1 Month candles and its amazing. You clearly see that same parabolic move, and the correction. Looking from this perspective puts the 8/9K or even 6K levels just in perspective (meaning they're normal, could be touched, and those prices could...
I see an hammer candlestick on the daily charts. The body is also engulfing. Don't know how the day will play out. If the day closes positive, I'm expecting more positive moment tomorrow.
Let's see what price movement does coming hours. Idea: If price moves up with good volume; meaning markets wants the coin and there is demand. If it goes up with small volume, meaning only few people want the coin, and because there are few sellers, the price moves up. But when sellers join the market, price can plummet, and/or will eventually move down.