After an abrupt mooning, bitcoin is now expected to regulated around 453. Already hit the resistance and has a triple bottom just waiting it to break at 454. After that it may long past the resistance if not getting a reversal or trap mid way.
Looking at it the chart there is no clear signal, as it seems to be bulling on the big picture but also could form a second triple bear breakdown, might fluctuate between 450, should I be concerned about 411 too? Hold my hand! This could go both ways!
Not much to say, it broke support line with a bearish catapult, this going down! And it did hit the 0.0206 too close my 0.0205 in last chart
Greetings, Please see attached point and figure chart with a simple, solid and true view of the price action. Do not hesitate to leave a comment. I always appreciate feedback. Would be nice to hear if you agree with my idea. Also, i dont see many point and figure chart laying around here on this site, so i though it would be a good thing to remind you how...
Based On PnF analysis if the price breakout the Price level 9550 we can expect extended upward move targeting 9710 I placed the stop loss on 9470 based on 3 Box reversal criteria . It's short term trade based on combination between PnF and Fibo levels . Note : because of the risk to reward ratio less than 1:2 So i will decrease my Lot size to 50% of my...
See the lines and price! Since the price is below the bearish price line,we create bearish resistance based on sell signal and 3,4,5 + bottoms created.