This will continue to be my perspective untill proven otherwise. I believe the bottom is in unless we have another black swan event. But with inflation cooling off and s&p climbing again and dxy loosing momentum, we are definitely in accumulation mode. Risk reward is great. If weekly trend line is broken to the bottom them look for 12k entry if we break up use...
S&p falls right into the golden pocket. Bears about to get back in control after premarket jump. Strap in folks gonna be a bumpy ride
Clean pull back to the fib 6.18 along with a double bottom. Macro trend is still bullish so in my opion we begin our journey back to the 50s the 60k region this month before breaking to new all time highs. Best of luck not financial advice
This is for me to look back on and oat myself on the back
To keep it simple a doji candles printed on the daily which wouldn't be a huge deal because of the mass adoption and the current situation going on with inflation... My problem is where exactly it printed! Key resistance at 58. I think we could see a short term dip to either first or second white line on the chart shown. We created a higher high on daily and...
Suck at doing this from my phone. Better picture of the analysis
Time for btcusd to bounce off this support once again!?! 45-48 k to close the week
folling off my other post on the 4 hour time frame. the chart speaks for itself. candles showing a lot of wicking in the 30k-34k zone showing bear weakness! over a 50% overall correction and bouncing off the fib 61.8 level just two weeks ago. I don't really see how we don't go up from hear, but that's just me. if we do break to the downside i believe we could find...
On the 4 hr chart we show a falling wedge with the end in near sight, bullish sign? I believe so not only because of T.A but with all the talk on the inflating dollar, billionaires adding Bitcoin to there portfolios and strong hands over powering week hands and accumulating more coins( do your own research I did mine). Let alone the sheer fact that the rise of...
On the 4 hr chart we show a falling wedge with the end in near sight, bullish sign? I believe so not only because of T.A but with all the talk on the inflating dollar, billionaires adding Bitcoin to there portfolios and strong hands over powering week hands and accumulating more coins( do your own research I did mine). Let alone the sheer fact that the rise of...
Better picture of the chart. Sorry I am doing this at work on my phone! Happy trading
Broke through the rising wedge on the 30min and 1hr time frame with a quick retrace... Setting up for another long position. Good on it's gonna be a bumpy ride💎🤲
Didn't realize my last post didn't show the full chanel so here it is.
Currently about to test the major trend line in this rising channel. BTC still cooling off preparing for the next leg up which will ultimately be taki g us to new all time highs in the coming months. Beautiful time to buy in my opinion. Best of luck trading and again I'm not a financial advisor this is just simply my opinion. And sorry for the poor quality I am...
are we finally gearing up for the next jump up??? I believe so. after we tanked down to 75 with help from Mr. Elon musk on his bull shit statement on btc mining which makes absolutely no sense...... he should probably worry more about the mining for metals for his batteries that's doing far more damage to the environment. but that's none of my business. couple...
the beast is looking to be fed. volume has dropped significantly, this could definitely just be cooling off for the next jump up. After all we did move very much very fast. waiting to see what way we break out of this wedge. 90"s area is still a very strong support level but now so is the 110 area. hoping for volume to pick up throughout the day and bulls to come...
Ethereum classic should be in everyone's portfolio in my opinion and I apologize for not posting anything about it sooner. I been buying and selling the trendline all day today with holding a few more coins for long term gains each time. ETC absolutely exploded today but don't let this deter you from joining the party. 10x gains are certainly possible for a long...
waiting to see if we get another bounce off this support creating a higher low. love to see 40-50% corrections after drastic moves up. file coin has alot to offer the crypto space and should be gathering up strength for another push up! happy alt season everyone. Best of luck and as always I am not a financial advisor, these are just my ideas