this if btc doesn't dump just yet I can see this playing out.
small H&S forming on 1hr. might be the break to get us out of this rut short term. gl everyone
this looks strong here I was short but I bailed from that trade. I could be wrong but this should go up at least to 6800 area, this is not def not financial advice. good luck.
need to hold these supports or we will retest 5822. if we don't hold that need to reevaluate the situation.
will be making a decision soon wether im turning bull or staying bear. the next push down is going to be very important. a higher low and I may go long.
wait for the Mac d to start turning up. get a nice entry with stop loss im sure u cant go too much wrong
im looking for reversal here for short term. im not a pro so this is def not finial advice
still room for the 1 day rsi to go down. I personally think this is not the bottom even though its a strong trend line. imo we will break through in due course. was hoping for the bounce here it would be good for the long run
on this chart looks like 4900/5400 area for potential bottom.
if you are still calling longs from here good luck. the problem now is where do we stop for reversal. I have 2 charts this one with the main trend Lind coming across the green box for potential. but imo I don't think it will hold. another chart I posted other day on the daily has us at 5500. from there will be the question. further or thats enough. if history...
this is my new target. a descending triangle is in play support resistance from 3 angles.