Nasty rising wedge on the daily as we've already seen a break on the hourly for this fractal. Will be entering on a support-turned-resistance retest.
> Back to this chart again, looks like a potential triple top, with bearish div having swatted us from horiz. resistance. However, if we go to test bband median, we could have the potential to print hidden bullish divergence from the support-turned-resistance test on the 10th. $btc
Classic fractal + div play. Symm. broadening wedge + hidden bearish div = down? Let's watch. Short from 4.5M.
Playing this, short from 6874.27, 10x leverage.
$xbt $btc #bitcoin showing the classic falling wedge fractal, along with some hidden bullish divergence, could mean a really nice opp.
I will be taking a long which I'll update off this chart off the 4H falling wedge which is shown by the pink semi trend and the hidden bullish divergence, up to diag. s/r, then swapping to a short down to wedge support, where I'll likely hold to there or wedge target, which is $1900.
Hidden bearish divergence + s/r test = short.
Here's how I use the measure rule. Shown on the 15M chart for $btc.
It could potentially fall back to support on the second fan trend-line due to hidden bear div., and then be worth longing as we have both hidden bullish and bullish divergence showing.
Just reposting this chart, apparently been posting all my ideas as private instead of public, which is sort of lame. Whenever I make more charts on here, I'll make sure to make sure I put it as public.
Slow rally up to around 80-90k sat, then pumping 117% from that position to 170-180k, then falling back down to 80-90k for it's avg long term price. That's 600% at the top of the pump from price value right now, and an average corrected price long term of 80-90k.
The slow but inevitable dETH of our beloved coin. Going to hit hard 650-700k sats hard before Jan-Feb.