This is my first post I want to share with you. So far I was right with my to year analysis. If the rest plays out as seen, you have a go to guide for BTC until mid 2026.
You can see
BTCUSD
moving inside an extending megaphone pattern since a long time now. And it will continue to do so in my opinion.
The bullish movement will be stopped by it and the fibonacci extension. It will move downward from that in the same angle has it has been the last time to the downside support of around 7.800-8.600 USD.
From that on it will continue it's rise again to a possible number of around 60.000 USD.
Those are my two cents on that matter. Share if you like it. ;)
You can see
BTCUSD
moving inside an extending megaphone pattern since a long time now. And it will continue to do so in my opinion. The bullish movement will be stopped by it and the fibonacci extension. It will move downward from that in the same angle has it has been the last time to the downside support of around 7.800-8.600 USD.
From that on it will continue it's rise again to a possible number of around 60.000 USD.
Those are my two cents on that matter. Share if you like it. ;)
Comment:
Very short-time: When the current 5-15 minute wedge breaks to the downside the chances are good for a further correction, if not, the air upwards is going thin with an overbought RSI and CMF at levels of '13 and '18.
Comment:
So far so good. Downward break-down correction started.
Trade active:
I'm currently in a stacked and leveraged 3 BTC short position from an average of around 34.060.
Stop at 32.600.
Stop at 32.600.
Trade active:
Stop moved to 31.600. Save profit at 6k open profit at 6k.
ATM at 12k.
ATM at 12k.
Trade active:
Sold one btc at stop. 2 btc open.
Trade closed: stop reached:
closed the rest
waiting for another entry soon
waiting for another entry soon