Fibonacci lines up almost too perfectly with the cme gap meme... i do wonder
We can see some harmonic patterns forming on the Bitcoin charts. CRAB BUTTERFLY Crab time fibs line up perfectly with Butterfly Butterfly fibs lineup with Crab But there is also a wedge with a lot of confluence: - The blue butterfly 15.236 time-fib extensions aligns with the end of the wedge - The red crab 5.0813 (yes 0.813 is also a fib) also aligns...
bullish breakout already so dont short too much but a retrace to about $8800 seems likely before a breakout over $9500
Short term: Repeating the previous pattern to 8500 against the bearish resistance. Mid term: To drop to a Higher Low, one macro level up, down to 5000. Long term: From its Higher low to new highs, negatively correlating with the upcoming 2020-2021 Financial Debt Crash. Going up to 50.000 to halt and retrace. Seeing lower volatility in bearish retrace.
Moving Averages have long interested me. The idea of a dynamic support and resistance level with the ladder up and ladder down effect during new trends has been a fantastic thing to take notice of. That brings us to the 350 Daily Simple Moving Average because it is not something we come across all the time but rather only a few times here and there over the...
History of large 'buy' volume weeks. Created a couple of firm bases on the weekly, the latest of which it is breaking out from with good volume.
4h closed above the .618 draw from local low to local high. Good r:r for a long targeting the area around the 200ema (4h)
Mr. Pips RSI Add-On says BTC is Overbought. Expect a retrace before a re-entry long. Info is on the chart. Drawings are just a general idea of price movement. The important thing to focus on is the Price area to re-enter. Mr. Pips Quote of the day: "Man is a Tool-using Animal. Without tools he is nothing, with the right Tools he is all!!!" Mr. Pips wants...
D1 - Bullish divergence, higher highs, we may now look for retraces and then buys with bullish evidences H4 - Currently it looks like a retrace is happening in the form of bullish flag pattern. If the price breaks above the top of this pattern we may then start looking for buys with more bullish evidences.
Looks like the consolidation from the crash is coming to an end in the next year or so. Coiling down at 200p and will probably want to retest previous highs around 250p
CTXS moved with strong momentum to a bottom completion resistance level recently. The stock may retrace and retest before breaking through the resistance.
1D Kumo breakout happened, 4hr retrace secondary movement. 4hr kijun bounce trade likely coming and up we go over 600 sats on the next leg up! Keep eyes on RCN one of the alts that is currently bullish! Chart, Trade, Learn, Repeat! Coach K twitter: @coachkcrypto
prediction , breakout on major resistance , minor res broken, price retracing as it is the end of the week , amazing that price literally stopped at that resistance right there, otherwise good momentum even on higher time frames opinions and engagement welcome as always price is going back into the lowest zone of my key zones , so that is also part of my...
The Rand is still refreshing, I think the trend is down. This looks like possibly a distribution on that 50% retrace. A tight stop and high RR is key. Maybe it will go down, maybe not. Don't need to be 100% sure.
75+ Pips SELL remaining... Good Luck! KEEP THE RADARS UP!!!