here are two scenarios I'm looking for. if we push up which is most likely since it is a bullish pattern then i will be looking at possible buy entry's, if we push down then i will look for sell entry's on the possible retest of previous support on the triangle.
hello guys, so we have just bounced from the fib line that i drew up a few days ago, and now i believe we will enter some sort of résistance along the fibs lines marked, so just get your entry's ready for a quick scalpe along those red lines if we push up
here is what i think will happen today, all eyes are on the Sp500. if we go down then btc also goes down. i will be careful looking for any longs today. since we still have failed to break the resistance line on the sp 500
in this video, I give you guys possible trade targets on the 15 minute chart and what i think will happen. it is a weekend so be careful about what trades you enter. I personally wont be trading this weekend but its completely up to you.
here are some price targets for bitcoin on the two hourly, it is a weekend so just be careful
i do think that at each fib line I drew we will either see some sort of support or resistance.
for those who have been following me I have told you the price targets to look out for if we pump, i said this fib line will be a good opportunity to open up a quick short. and look what happened! it hit the target to the dollar.
now keep an eye on the fib lines above and below, depending if we push up or down my next trade entry will be along those lines.
keep an eye on this, we have bearish divergence on the Rsi and we have this pattern playing out, if we break the red trendline i would be looking for trade to the downside
