BTC may probabilistically show strength over the weekend as there's an Inverse Head and Shoulders Pattern forming. I think *mild* upside is possible, with a few more days of sideways action before the next leg up. The fact that $BTC is holding up so well during a large sell off in the equity markets, shows the strength this asset class has during these uncertain...
Immediate suppression/protection channel has narrowed. Breakout is imminent, one way or the other. Added probable trade strategies here based on current conditions, but things may change and also I probably won't open a position unless a breakout is backed with non-spikey volume. Still watching these things: * Short-term upward channel * Visible suppression *...
Some stuff I am keeping an eye on here: * Short-term upward channel * Visible suppression * Visible support zone * Historic/presumed hidden support area Not trading this until volume spikes or 1st level zones are breached.
with a coffee and a fresh shot of hopium .. another perspective on the BTC USD chart ... wonderful as always you can see the WHITE vwap line is below the wave cluster ... in other words I am " feeling " or leaning towards a bullish narrative for the future of price action ... BTC just chilling out riding out the last of the bearish selling pressure before...
Be aware frends of a MASSIVE long squeeze institutional players are planing. 2000-4000 USD is in play still, don't be fooled though, this catastrophic collapse in price is unsustainable in the medium term and as quickly as we drop we will bounce back up. make sure to have fiat sitting on the side lines to take advantage of the low prices .
SOMEONE ASKED IF BTC IS STILL IN A BUBBLE? RELATIVE TO FIAT CURRENCY U$Ds? NO. IN TERMS OF INTRINSIC VALUE? YES. RELATIVE TO GOLD? ABSOLUTELY!
MAJOR CAPITULATION COMING FOR BITCOIN! TRADERS NEVER USE THE .886 FIB!
People might need a little hopium right now after the halving hype and crash cycle. DCAing over the next year is a simple way to get set up for the next REAL bull run.
This is all hopium in one place. The Infamous Channel + The Speculative Cycle Boxes + The Waterfalling Wedges BONUS The perfect entry point for max moon effect. Truth is Stranger than fiction.
The sym triangle Bitcoin is in the process of forming is still progressing nicely. We dipped under 6k and then strongly bounced off the last possible trend line for this pattern to be legit, with of course, those very nice hidden bull divs on the DMI, Momentum and RSI giving you a heads up that we might not fall too far. For this to now prove to me that we have a...
Binance BTCUSDT its simple 90XX above closes pumps hopium 117XX+ makes people wild!!! Bear case Btc loses 1 resistance every1 will go 5K -1K calls...like always Imo even 7850 and wicks to below is fine! It doesnt mean we cant short it before! Retests of lost lvls are good to short to me. When we close below 7850 i'll close every position i have on crypto market...
I am dubious as to why Hexo doesn't have cannabis beverages on shelves in Quebec where "only" Hash & Cannabis Beverages are allowed as 2.0 products, or elsewhere in Canada when they have a Alcohol company like Molson backing them & involved in a JV via Truss? I just don't see why this pattern would play out bullishly when the company is diluting shareholders &...
Posting for future clout. My "craziest" outcome for Tezos, if it stays in TOP 10 through-out Bitcoins Halving Process. Gonna be a while before we can even see the candles really lol.