HT Trading Team updated investment idea
Hello guys Hidden Treasure here with some juicy TA for my beloved team and followers.
We have decided that it would be more ideal to do a long on the retest of the lower trend which are the 3650-3860 areas where the 3650 is just on the top of the lower trendline.
correction may start below the top of this channel from...
resistance is not being broken and it needs to smash through for any upward movement
im surprised we are still even here
MA is dropping now towards that current upward trend line
bulls will pull and catch at the next bottom
and the bottom is not in!
imo these are the dates we go back through 6 and 20K if BITCOIN carrys on with historical movement
i have measured timing of past highs and lows and of course there are no rules
i think 2800/3200 i the bottom we move out and up from
i have marked out dates for next 6k
then through ATH
UP TO the next math
SAYING THIS I STILL THINK 2800/3000 BOTTOM COULD COME
IF IT FOLLOWS THE HISTORICAL PATTERN.
with talke of the 500 collapsing soon of course this could mean nothing if they jump over to BTC
Hello guys ..
sorry been away for a while but all of my charts are hitting targets
this time im gonna talk about Eth and will update btc for new upward targets in the next idea so hit the like and follow bottom to keep you updated and will be appreciated
ETH price extended the recent rally and traded above the $144 and $148 resistances against the US...
hi guys ...
many of you looking for shorting BTC now
but in my opinion to stay neutral at the mean while is better than shorting in very risky trade ..
what should i do !! many ask himself !! what is my next step
well .. playing swings in this area require a very professional trader who can read all the indicators and play it safe with a tight stop loss in...
Looking at the shape of the flags that we are seeing recently on the bitcoin chart seems to suggest a bull move which is overdue as we already had one of the bullish flag formations, then a repeat of the pattern, the move should come within the next couple of days maximum, so look out for confirmation.
Bitcoin looking bearish since 14-Apr.
Not much downturn since then, and the signal is active, therefore - still a good time to short BTC.
If bitcoin cannot break resistance at $6,800 and trigger a short squeeze, the price could test lower lows of around $5,426 USD in the coming weeks.
This is a worst case scenario in my opinion.
It could take some major news, such as the CBOE Bitcoin ETF being approved by the SEC to set off any earlier bull run.