Maybe this is well known among the crypto community. I don't know. I'm kinda here in my own little bubble.
I was organizing and setting up a ginormous list of crypto charts when I noticed that there were a few odd coincidences about the 2021 rallies.
In my estimate, there were three major rallies last year (Spring, Summer, Fall) and two minor ones (January,...
will bit coin move same as last time it reached 50400?
what i see is that it reached 50400 target then drop to 49300 area, showed that its stabilizing then trapped more people and dropped like hell.
same thing happened now, it reached 50400 then dropped to 49300 area and showing that its consolidating?
the question is will it drop again and trap bulls?
This is my first post, mostly just to test things out. BTC 2H - Currently sitting within the bottom Donchian Channel, above the 200ma and 50ma. Possible bullish set up forming if we close this hammer candle and then make a higher high sometime in the next 2 hours. Will update if that happens and then look for further confirmation before pullin the trigger.
I mean, WHY NOT? Considering the probability I have seen the future events, it's even more comprehensible.
Let me know which part of the trading idea you want to deepen in.
synapticex.com
