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Short after the UTAD phase is played out It should collapse mid-April Target 5800-4000-3800 (tbd)
Short term is grim for bitcoin, which looks like to follow a distribution pattern. I expect a drop until 9k but if it's not absorbed, then we will go to 8.2k or lower before trending bullish again for halving(assuming is not priced in). A golden cross has happened and historically bitcoin has dropped signficantly after such event just to rise stronger and reach...
PRICE DOWNTRENDING WITH LH & LL 61.8-71.0 POCKET MET TRENDLINE TO BE TOUCHED THE END OF THE RETRACEMENT PRICE NEEDS TO FILL THE WICK MADE ON THE BEGINNING OF 2019 #tradesafe #riskmanagement #riskrewardratio
En el presente analisis, vengo siguiendo con detalle esta fase de dritribucion que buscara un nuevo descanso al precio de BTC, para luego seguir subiendo!
WEEKLY: Price on downtrend making LH & LL since aug 2017 Nice price rejection at 0.76 with double doji DAILY: Price broke the trendline with nice double top Rejected off support & fib 61.8 4HOUR: Downtrend CONCLUSION: I will be looking to short this pair if we can manage to break through first support and the second one which...
After an accumulation as predicted its gone for a JUmp Of the creek... for Now we may see some backups but the summer has already beggin... strong resistence at 6.000
We may see a Jump Of The Creck in a few days... Or we could melt to a beautiful spring!!
The stop is red line, you can play double bottom as well Cheers
Possible Wickoff Scheme 1h chart + Bad sentiment + Support confluences + Reaction and 4h candle closing over 4190. Buy opportunity short term?
THE ACCUMULATION PHASE HAS ENDED. LOOKING FOR A RETEST IF PRICE RESPECT LIKE IS DOING WITH LOW VOLUME WE COULD SEE THE BULLS TAKING CONTROL UNTIL THE 2 PHASE OF ACCUMULATION
I think phase D of the accumulation Range is about to begin.
Just for information, i saw in the chart redistribution schematic #2, i set my sell orders and everything is working fine
There are 2 things after what I call a golden Chart in my Accumulation model (I'll leave it as related Ideas). The #1 thing is we might be in a distribution, so I tried to do the same thing I did with accumulation model, but now I am doing it based on distribution model, now, #2 thing is that either one of which I have been analyzing does not fit entirely with...
Now you can see, Phase D can be said has begun, in this Accumulation process, I HATE to be so intense in my analysis, but I insist, a retest on the Trendline must be enough to shakeout the market, I don't think this is done. YES, I expect a pullback later today, maybe tomorrow, and definitely I expect a top at 8kish... but first, we need to correct 7.4k jump, then...