This $200 range has a long history of solid support which used to once be heavy never-ending resistance. This should now be really strong support as shown today. That double bottom it created at the $197 range this afternoon should really be current Temp. support. I would expect ( not financial advice) a relief bounce from here. If and when the $200 level is lost...
Your on support here and with after hours selling and or pre market Friday or Monday dump you could look to pickup shares in the Yellow box ranges as you'll most likely get sell-off dips to those ranges as well as a possible push truly into this area and actually RANGE for a moment. IF so then you would have a really high chance of upward trend to follow even if...
If 3620 is lost in this battle EXPECT the Bears to have strength until 3500 ranges. I would expect support to begin at 3550 but not really hold until 3520. Possibly the real fight is then fought in the 3480 to 3525 ranges. Bulls do NOT want to lose this battle at 3480 IF that comes. A loss of 3475 down would be a time to EXIT and look to rebuild on the next bounce lower.
When it doubt zoom out, yes its crashing , yes it feels like doom, Hopefully we hold here ( unless your a Bear then your Looking to WIN) > This is your monthly outlook for IF UPTOBER...
#1...WHAT IF = this $30k is just coming back to confirm base structure and the SOLID bottom for BTC value, accept it got a little dramatic given all the EXTRA going on in the world etc. and now that its done did that $30k touch EXTRA well. We can begin carving out a new structure forward already now and everyone ISNT getting to buy $10k BTC. #2.... WHAT IF =...
I must be the 1st to admit. Every single bit of research i can do no matter if its about what Bigger $ is doing or if its diving deep into Charts , Graphs , heat maps, Ma , etc. IT ALL says the same. The entire economy and housing markets along with credit,auto's, etc. are all going DOWN more and deeper into and or finally verifying Recession. ALL those things...
I see the major sentiment being that we are now going to $10k to $20k ( yes that much variance) from most top influencers. They'll have their own reasoning etc. BUT overall its time and #Sol is going to $15 tomorrow. Now dont get me wrong i think most all of this can and most likely will to some degree play out. Like $12-$24 #sol can be a thing im ok with that for...
I was hesitant last week to share this and wasn't sure enough about this working for longer time frames. BUT as you can see this has been really good for me the last 2 weeks. Same with this morning as my reference to keep my mind LEVEL and stay away from emotions and Drama. I HOPE it can help someone else make and KEEP what gren they see in these times of...
In the larger channel im happy to risk missing most og the biggest gains at the top and just avoid the drama and hassle and stick within this range marked out. Less profits and less risk can often be the BETTER choice to try and find YOUR trend that works. If you have the same perfect BUY and sell as everyone else you might NOT get t even though everyone else does.
On a 1 hour or less ( i.e. 30min-5min.) i'm really watching to see if this wedge ends up cramping until another leg down. On the larger time frames im really looking to see if we can stay in this downward channel and i'll keep longing the bottoms while shorting the tops at the same time as the candles wick up and down on the 5 to 15 minute. TIGHT stopp losses and...
As you see on the 1 hour as well as even better on the 30 min. and 15 min. time frames. Ever since the airdrop sell off that supposedly happened earlier to create the fall from the Moon shot launch it had. This thing has actually managed to create a rather solid base. Looking like there's actually a really good structure for trading for those into a long night, or...
You can see that even in times of chaos ( possibly more so ) you'll find that not just charts and TA will give you the most accurate answer to WHY people make such choices. The chart Shows a rather clear correlation to the $500 marks given in this chart of the last 2 weeks. We are currently in a trend with a $32,500 ceiling, A current temporary support @$29.5k and...
#BTC seeming nice and consistent for scalping on the shorter time frames.
IS she going to hold ! Seems that lower wick wasnt just drama and capitulation, might be more of a statement then previously thought.
Maybe we get lucky and this turns into the current theme.
Are we possibly just getting ready to repeat this pattern? If thats true watch for the BIG moves to be on the THIS candle and the next.
Aged better then others , lol . Cant always be right . Just keep learning and trying to remain HUMBLE...
looks like we might finally be getting somewhere. Even if just setting up to finally FAKE out before a leg down BRIEFLY.