Personally I think we are holding a solid support and will move back to the 1.30 zone. If we fall back to our supply zone we could see a bounce or a further fall to our main support of .80ish cents. If we break our ultra support we can assume further sell off is likely.
The next few weeks I think will see some more sideways movement, this is based on market cap maintaining a pretty steady flow. One good spike and I think will see 1inch start making moves toward the .30-.40 cent range by mid October
Drawn from previous macro and micro strategies we are currently finished our correction phase. With this said we are in a good supply zone. First wave should reach previous cycles 3 zone. Will do an updated chart for the short term play out possibilities.
Symmetrical triangle set up can either breakout as a reversal pattern down or up. Wait till solid cancel closes to determine which.
Lot of controversial information going around involving btc, whether we are in a consolidation phase and bounce or bears taking control and moving back towards the 40k range. Considering indicators on the weekly and daily time frame we are extremely oversold and our price still closed above the 53k on the daily. This is important because earlier this spring black...
Quick setup nice rev h&s, wana see a break above 68.5k min before we talk about a new ath
High time frame divergence, rally to .16. Below .12 will see further drop. Btc is making a similar pattern
Bullish divergence on the higher time frames, possibly forming a falling wedge. In a perfect world will see a drop back to .13 and than make our way back towards .16 range. Below .12 expect a further drop
Rev hs on our micro time frames, since these aren’t seen on higher time frames chart pattern may not follow typical trend pattern. Easy trade setup if we see some good vol spikes
Looks doge supports have held well, if btc continues to cooperate doge should finish the rev h&s pattern. First testing h&s support before bounce!
Did we break the down trend successfully? Retest and bounce or retest and drop!
Seems like support held, if we break target 3 we can expect a new leg up
Possible head and shoulders? Or rejection and drop? Lmk your thoughts!?
bullish divergence setup, set sl, if broken sell quickly. break of ultra szone btc will make new high
Btc support will test the channel’s accuracy if green line support breaks down!
i called the drop back in may and april, now im calling our bull run
end of summer or fall is btc time to shine?????/??