Yes they named BTC after meeting my wife!!!
We can see that price has just touched our trend line for the 3rd time, this touch came at a strong support level also so this makes for a stronger trade setup, the more confluences the stronger the trade setup and we swear by the 3rd touch of a trend line and bounce.
If you would like to learn more about our simple...
Bearish DIVERGANCE on the 4hr rsi along with the sorch trending bearish. looking to see if we can cross support on rsi and cross 50 line on the sorch. Then we dump but don’t forget to zoom out to see we could be flipping bullish long term soon
we are still above the 200 MA and are pulling back to this area after failing to rally. BTC halving is soon and maybe mining are trying to create scarcity already. can expect a much higher price in coming weeks. good risk reward trade setup is upon us.
LONG, i have clearly shown what i see to be going on. Also this pair has broken out on the daily timeframe!
I expect a slow move until we break 0.786, once we break this first target is 0.5 fib level where i see a small amount of pullback to the 0.618 fib level. My overall target would be the -27!
Look at the chart you can see our GREEN trend line is a perfect example of how price respects key technical analysis, price broke through on the 4th touch then came back upto test this level as resistance before bears took over and pushed price lower, now if you know anything about trading you will know this is a key thing to look out for.
I can see price making...
XRP is quickly becoming 1 of my favorites to trade as i can milk the hell out of it.. and im not even a farmer ;p It is becoming easier than a drunk porn star if you know what i mean ;p
Price reacts to key levels and trends really well, better than any Forex pairings and the money to be made on Crypto is crazy, i bought my house with XRP profits :)
I previously predicted there would be a bull trap, you can see on the 4H chart that although the past few days have been rough for BTC; there's still hope of a bullish breakout soon. Check altcoins for more evidence.
This is a more- zoomed in idea of how my Hybrid ABCD Pattern (check my profile for that) will hopefully pan out, dropping to around $5100-$5300 area before the halving.
A DOWNWARD CHANNEL has formed, further supporting my hypothesis!
In a world that has gone absolutely crazy where people are choosing not to be male or female like they were born but picking what they want to identify as i only thought it is correct for me to identify as a mountain goat even though i am just a regular goat... crazy i know but i like living life on the edge haha.
What would you identify as if you could?