be careful guys, as u can see the larger pattern broken down which is always a concern when trading
we have broken out the falling wedge, struggled alittle to break the 200ma but we have no passed it ,bullish imo to the upper resistance of the channel we are in
just a quick idea ive been watching this pattern for a few days now and playing out well imo, i can see us going to the upper line of the pattern , time shall tell,
well as you can clearly see bitcoin is over bought, stoch due to cross to downside, btc price has tried breaking this top line all day todat with fail , i feel we could drop to lower line in near future maybe even fall below being a bearish pattern
seems we could have topped out, i could be wrong as bitcoin loves messing with your mind, but im seeing the top maybe as we just are not moving at all as there isnt no volume, that drop lastnight was scary for alot no doubt for alot people, , lets see what happens , its only a idea but could play out
can see the pattern quite clearly, looks to have broken to the upside, expect some gains from this is btc is good to us . always be cautious with any trade use stop losses in a sensible place but to where u wont get wicked out before the move to upside
as you can see the price action respects this rising wedge, could take some time to get to lower trendline or could be bought up just before by the bulls , something to watch for sure , if it does play out expect good gains as i do see it boucing and the reversing to top trendline . good luck
here you can clearly see it was a nice buy signal off the bounce on the 200ma on the hourly chart, bullish imo
as you see we crashed threw one pattern of head and shoulders, could we now be forming a larger one, ? keep watch , this is just a simple idea
we held very well with btc then pulling back , i really feel we wil continue to rise , we just need to get over that 21ma which is also the resistance on the rsi 50 mark
hi all , another idea here, as u can see its a clear pattern and is respecting it, its a clear buy signal at the bottom but be sure to use a stop loss in case it falls lower, but i really think we will bounce and go up from there, be sure to like :}
hi guys, keep checking on this, its broke out the falling wedge, also above the 21 moving average and pushing above 50 on the rsi if we stay above 50 on rsi uptrend confirmed
hi all little update, heres a channel ive found and as you can see its respecting that also , i see upside from here only unless something dramatic happens to bitcoin, but i do see this playing out into the bigger pattern i posted the ascending triangle
bout ready to blow by looks of it, been in this ascending tri for some time , im sure we will go upper $20 in near future
hi all as can see ive made this chart and feel it could be very bullish once we reach the bottom of pattern, or could bounce of 200ma around that area , something to watch , if im right then expect big gains, thanks for checking this out