Rejected from vpvr candle, 3rd test on 7.6k ,Lows marked, buy region active 7.2k- 7.3k stop at 7100. If stopped I assume we are going lower,but I doubt it in this particular scenario.
Price has been rejected from 8.3k for the 3rd time(circled where), Volume is declining overall, it's not looking too good. Confirmation is a clean break of 7.2k which ultimately would lead to around 5.8k-6.3k in the red box. I put my buys there as I expect it to be bought up. I'm about to 70% confident it will happen, but if it doesn't I will restrategize on a breakup.
Looks like bitcoin rocket ride has ended and we are probably looking at a 6-6.3k retest I'd assume. Eth trade looking to end stopped in massive profit at 240$~ Looks like its time to reset and plan buys. 6-6.3k is most likely the golden area for me and I will set some btc buys there with a stop under 5800!
I entered eth at 203.5 after stopping out of bitcoin at 6950 (poor me) to try and make the most of my mistake. Turns out the plan is turning out to be wonderful and as a result already hit the first tp which I sold an initial half and was planning on selling the rest at tp 2 248! Things are changing and my plan now is to sell another percent of my stack at 248. It...
Reminder: this might be the end of drive 2 if we dont close above 8350! Possible Drive 2 could end in 9k if it passes above. No fomo plays here just gonna relax on ETH. Could see tp 2 happening if btc goes to 9k. I have an eth play from 203.5 with tp 1 219 HIT stoploss at 200 and tp 2 in play at 248!
Btc is heading for ascending channel breakout which most likely will lead to a "fakeout" trapping bulls in a sticky situation. My entry will be above 4190 with a stop at 4280 subject to change.
liquidity opened for shorts, target 7.1k
Btc about to hit short term trend resistance with a bullish reversal div expecting a nice bounce here.
H&S forming if plays out, target would be lower trendline (7.1k). However, if it holds in the cloud then we will continue seeing an edge 2 edge trade. Leaning towards another downwards movement though.
Looks like a 1 hr pennant is forming lets see where it goes from here.
Bitcoin is currently hitting trend line resistance again while in the cloud. It's safe to say it will eventually break to 11.6k my target. We are seeing an adam & eve pattern thats in formation which could be the sign for a ground breaking explosion in price. The adam & eve are not confirmed and follow the 5% rule. Only when there will be a daily close above 12k...
Bitcoin has finally been able to break the 200 daily ema as well as the downtrend line. Closing above this will confirm another run to 11.6k hopefully we break it this time around.
Seemingly enough a rising wedge formed leading to a harsh drop in bitcoin price. I can expect a bounce from the support of the wedge which is around 6k to 5.8k. Many people see 5.8k - 6k as the zone where we will officially bounce off into a bull market. I don't agree, but who knows maybe magically we start mooning fast or slow whatever doesn't matter. I only view...
The answer is no while bitcoin has fell past through the trend line. I was ill confident to post the bear rectangle i spotted on the 4hr which led to a crash right through but, that's okay I wasn't banking on this meme line anyway. Now we have a daily falling wedge in action that should lead to a higher bounce promptly so 11.6k as a target. Everyone though is now...
Hello once again, here with another bitcoin analysis. You can also call it a bart analysis because that is exactly whats going on. Many chartists are frustrated with bitcoin right now and see breakouts on smaller time frames that lead no where. Then they predict giant head and shoulder's which have no place on the chart as another wild guess to there fan base. I'm...
Hi all as you know bitcoin is taking a sour turn while alts are pumping. We should bounce off this trend line in the next 24hrs. If we don't I fear for this market vastly. Alts will drop at least 10 to 20% as people dump there btc since the support failed. If your in any alt trades and making money I congratulate you ,but I recommend pulling out until we bounce....
Bitcoin is approaching the neckline of a possible inv. h/s , it's looking like it is having a tough time and mostly consolidating during this region. If it fails and goes down to 8.3k region a pullback to 7.3k is possible as it would result in a double top. :(
So all the way back to february 28th I've noticed nebl had an increase in volume AND a hard time breaking this one line. The downtrend resistance line, I bought with my personal at 10.8k sats with a couple friends. Now it seems to be paying off and glad I bought this coin while it was low. I expect a decent pump from this one might be a bit risky to enter at...