mrsceleste

mrsceleste

Watching the coined Bitcoin Death Cross, where the 50 and 200 EMAs are very close to crossing since some time back..a couple of years. Price is also being compressed and could potentially fall to targets in yellow. We must watch and wait!

mrsceleste

Target lands on major support on day chart. Double top

mrsceleste

long opportunity

mrsceleste

Bitcoin possible short. Falls on key level of 61.8% on the fibonacci. Expect a possible decline to 127 area.

mrsceleste

GBP/JPY Trade idea. Suggested target based on fibonacci retracement to 61.8% level. 149.066 area is major area of resistance.

mrsceleste Updated 

Using a fib, Bitcoin retraced on the 38.2, touched that area twice and price respected the 23.6 level as well. Looks like a bullish trend downward to the previous low of $6,000 area before possibly touching $11,000 range again.

mrsceleste

New to trading..This appears to be a continuation pattern. Trying to determine if it will be bearish based on previous trend? Input is appreciated. Thanks.