200 ma ahead, but we are weak. BTC gives its lifeblood so that shitcoins pump and what do shitcoins give bitcoin in return, nothing but shit ;)
Well fact is that all alts have broken the 200 ma (except bch which loves to piggy back BTC) and that could be a sign that BTC (and BCH) will do the same, but we failed to get there before this correction. Seems like rsi reset is needed before tackling the main bear resistance, but I don't think we will break it personally. We will need another go at least, to allow more waiting buyers to enter. The weak hands will sell and then fomo back in this might give us a chance to break out.
However maybe Bitcoin really stronk coin !
Well fact is that all alts have broken the 200 ma (except bch which loves to piggy back BTC) and that could be a sign that BTC (and BCH) will do the same, but we failed to get there before this correction. Seems like rsi reset is needed before tackling the main bear resistance, but I don't think we will break it personally. We will need another go at least, to allow more waiting buyers to enter. The weak hands will sell and then fomo back in this might give us a chance to break out.
However maybe Bitcoin really stronk coin !
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BCH finally broke the 200 ma. Now that Bitcoin has seen all its children safely to this level I expect a pump soon (hours / days).
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so close now
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probably stating the obvious here, but these fractals match perfectly (I just shrank it a little) to account for reduced volume. Not saying this is going to happen, if you seen my fractal video you know what I think about them. However, if this continues even for another day, shorters beware. There is another day of up before down according to this!
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Bitcoin just made a bullish move, looks like reversal imho. This is my trade, I just share it for fun ;) Happy days!
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If it closes above 9300 today I have a good feeling we'll go for the 200 daily ma very soon
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BTCUSD is showing strength: HODL!!!
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I'm holding my BTC position. Yesterday was the second full day above the Ichimoku cloud since January 9. Stoch RSI has crossed bullished. At 59 RSI is good.
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BTC remains strong in the face of a bearish trading community. The stoch RSI has been resetting nicely. All I want to say. I'm HODL guys.
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BTC just broke 4hr cloud and is attacking resistance
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BTCUSD: averages converging? what's gonna happen?
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BTCUSD hourly triangle
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BTC broke triangle, now at 9333 USD
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Ok so BTC is going up imho. I'm not so great with Elliott wave but do your own analysis if you don't like it :P
As you can see we've broken out of the triangle and that resistance has been successfully retested and we are now consolidating. There are two significant resistance levels to watch for marked in dashed red line. Also the 200 daily moving average is a historical resistance level for BTC.
As you can see I'm hoping for the typical overextended BTC 5-wave here to 10400, where I would probably sell, but I'll update before then anyway.
As you can see we've broken out of the triangle and that resistance has been successfully retested and we are now consolidating. There are two significant resistance levels to watch for marked in dashed red line. Also the 200 daily moving average is a historical resistance level for BTC.
As you can see I'm hoping for the typical overextended BTC 5-wave here to 10400, where I would probably sell, but I'll update before then anyway.
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damn that chart is wrong, I don't think we have finished wave 3 yet
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this one...
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you get the picture ;)
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Took profits at 9700, I think we might float around here but I'm expecting a pullback maybe tomorrow, possibly to 9450. I expect we will then move to the 200 daily ma at 10k.
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We could still move up some first though
