pnaik732

pnaik732

Now an attempt to pass the go line and head to 42k strong move past the go line would be a good sign, but consolidation above the defense zone also good

pnaik732

Reclaiming the line increases potential for a vast rally, as every one is afraid of the worst and sees a head and shoulders breakdown. However, this trend line was resistance for a while, it doesn't want to give up support so easily. Note that the 10 year yield is under pressure as well. bias is long but could be wrong be prepared

pnaik732

BTCUSD really holding strong here. Could be a narrative change. 10 year yield also dropped today. needs to break through the defense zone....

pnaik732

Yes big geopolitical risk, but if that clears up just enough --- long all day long. BTCUSD wants to run... if it can If not, more pressure until fear subsides not financial advice, etc...

pnaik732

The Bulls start to make their stand here. Great spot for long-term accumulation. Short term still could be bullish on a short re-test of 37k. But even more bullish if the line is held.

pnaik732

Gotta go long here near massive support in the 39-40k region There could be a brief dip below to flush out weak hands Below 37k things get bleak again Not financial advice

pnaik732

still in a precarious position, but with everyone bearish there is a chance for a massive relief rally if good news arrives

pnaik732

uptrend is being challenged. looking for a re-test of support(s) and resumption to go long.

pnaik732 Updated 

44k target hit. Could go for a straight run to 46k but at this point expecting a pullback which could be an opportunity to increase long positions how deep the pullback is seems unclear. I would expect the 39k-40k region to be defended. 42k could hold too. not financial advive

pnaik732

Plenty of aggressive entries (if you took them, congrats), but a lot of repair work to do and still waiting for confirmation. For the time being though, shorts are on the wrong side of the trade. Look for consolidation; if this keeps going there should be decent resistance under 44k Long after a clean break of 44k resistance (if it is quick), or a successful...

pnaik732

Blew through three resistances but stopped at the final one. No surprise. A breakout above would be great, but take some profit on trades (not financial advice), and expect consolidation here

pnaik732

Still consolidating underneath resistance. This is bullish, but there needs to be a catalyst now to break through.

pnaik732 Updated 

the suspense! bulls want to break through these resistances hard bears want to go back to the old repair line

pnaik732

Have a nice micro uptrend leading into resistance. Breaking any resistance important for continued bullishness; breaking all resistances is required to start a proper uptrend. Break of the micro uptrend line means the old repair line is still in play

pnaik732

The market is holding above the 15-year channel. There is market uncertainty, but also three days of closes in a row now above the 15-year trend line, and great earnings news. Demark 9 signal has appeared. Target 4750-ish Stop Loss 4160-ish

pnaik732

Here's where I see the resistances above current price. There is a chance that BTCUSD gets through all of them but take partial profits near resistances if you entered below not financial advice

pnaik732

Back above the long-term trendline, on a rare green volume spike. Still have some work to do, but this trendline held under duress today.

pnaik732

Spiked through the old repair line, recovered very nicely. Amazing how the charts work. This is the last line of defense. Demark 9 and S13 signals and RSI at lows on the 4h chart. If there is any long left in this market, this is where it will be defended. Trade idea... go long Target 41.6k, 43k Resistance 39.5k, 40.5k Stop loss 33.8k, 31k not financial...