rocknrolllova

rocknrolllova

Wait for confirmation out of kumo cloud BTC had a 9-10 ema line cross on the 4 HR Timeframe with this graph (blockheight in graph name). Inverse head and shoulders pattern appearing.

rocknrolllova Updated 

There is a triple top formed on the short time frame renko, BTC is also currently forming a potential head and shoulders (with a high head) at a support line Possible cup and handle being formed to reject this idea. Await btc to exit Kumo Cloud for confirmation

rocknrolllova

DXY is currently bouncing off the 3.618 fib level after riding the 8 EMA line up. Curious to see whats next, stoch rsi is over bought on all major timeframes.

rocknrolllova

In this idea, possible scenarios will be analyzed with an explanation utilizing fundamental and technical analysis . Triangle Wave ABCDE is a bearish triangle pattern on the longterm time frame. Higher highs and lower lows are being observed. A fib retracement set from the 1D close of bitcoins high in October to the low in january, we saw a rejection of the...

rocknrolllova

The chart says it all, Bulls aim to maintain current levels and go for 41-43k. Bears aim to break trend and create lower low.

rocknrolllova

Based on the hype around alt seasons, there's a lot to unpack emotionally on what comes next. At the moment, btc is at 39.55k and has bounced off the higher lows trend line (view other idea). Bears seek to break the most recent daily low and break the trend line. Bulls seek to bounce off lower trend line and create a higher high. Overall long-term sentiment...

rocknrolllova Updated 

BTC fell from its heights around 47k and could be forming a large wave 2 correction. However, it has weak bullish momentum bouncing off 86.4% fib. If you check out my previous idea on the ABCDE wave pattern displayed, bulls would need to break 41.5 and 42k to invalidate the wave pattern and hint at further upside. Bears aiming to break into 37-38k territory,...

rocknrolllova

BTC fell from its heights around 47k and is now testing the higher lows trend line. BTC begins consolidating at 43.6k and completes a bearish rising bottom wedge and falls to 42.1k, then followed by a correction wave of about 61.8%. This begins completes waves 1 and wave 2. Wave 3 follows with a fall from 43k to 39.6k, followed by a wave 4 correction. Waiting...