Waiting on price to reject the key zone and hold as a support. From there go long! 🚀
If price hold as pure support at my zone with no signs of rejection, I'm getting in around that area and holding. Let me know what you all see as well, I see a great future with this one. I see a pattern identical to the white line I made forming, let's see what it does.
I used the different color arrows showing where I believe price can retrace to, before going long again. However AJ has been buying powerfully, and it's in a uptrend, it possibly could just continue to keep buying and give us more momentum before the retest back down. At some point it will retest a breakout area.
For a short I definitely see this happening, and if it keeps going I can see price touching $25k or lower again. We shall see that is my analysis as of now! 🤗
From the bigger time frames and down I saw it buying, so therefore I’m looking for buyer moves. Top down analysis. Looking for price to sell to the 786 area or a little bit lower between the 0.40000 and 0.41400 area, and the head back up for the buy. Take profits are already set for the BUY move. My alerts are set to watch price after it crosses down below the 786...
I see BTC been selling from my Daily, 4H, and down time frames. So I’ve been looking for the sell move today. Price is respecting the RESISTANCE area, and has been breaking down towards the SUPPORT area. If price close or keep going down below the support, I’ve already got my Take Profit areas in place. First TP would be 18163.81 and my last TP would be 17941.28....
What I see price doing is closing at that blue line at the 135.400 or the highest would be the 135.500 area and heading back up into the up trend. Be on the lookout between that area 135.400-135.500. This move can be for swingers or scalpers. Also as you can see this is my overall 4HR interval big move. Just giving you all my opinion, and I've been in the retrace...
It's headed back up to retest the Supply area, and after its fake outs, it'll head back down to the Demand zone. Follow my arrows please, good luck!!
BTC is in a overall uptrend, and I know for a fact that it will retest the 10,800 area. Of course we will see up and down movements as always, however it's overall movement is going up and that's what we been waiting for. Soon it'll be past the 11,000. Also as you can see it made a almost perfect Symmetrical Triangle, and it broke out into a bullish candle meaning...