akamysplit

akamysplit Updated 

on the hourly tf the chart has quietly similar with previous one i marked, surely it's a heavy resistance. but on the daily tf rsi 14 are getting stronger wich is a good sign. in my own perspective i expect it will drop BUT as long as it not broke the trendline there might be a jump right there. lately the movement was makes no sense but as always, crypto is surprising

akamysplit

i thought 6k4 will hold it, shorted and closed position at that price and missed this one, wasn't expect it will go below 6k3. Break 6k level specifically at 5k8 and stay below will likely bring it down further at 5k. There will might be a little shake to that area for the short time in the next hours to retest. overall btc is still in bearish.

akamysplit

Overall bisa dilihat usd idr ada didalam formasi big triangle dengan retest ath sebelumnya di area 6700 rupiah, kemungkinan pullback dalam beberapa minggu kedepan ada di area 15600 - 15400 rupiah atau line 0.786 area fibonacci retracement . Perhatikan faktor fundamental khususnya terkait krisis yg sedang terjadi, jika usd mampu menembus area 17000 rupiah per...

akamysplit

okay whales now you're trying to create another triangle, damn that wasn't easy. trade it safe !!!

akamysplit

there is elliot wave forming right know, that aside there is also small h&s which could pull btc lower to 0.236 fib 6k4, seeing 6k6 line hold it well and if it strong enough to last longer btc could break the big triangle and push higher 7k.

akamysplit

there is also inaccurate harmonic pattern. i personally still think that there is manipulation involved

akamysplit

it seems big players behind the scene playing this. at first i thought it will retest 4k range 0,5 fib, also i do expect this rally but not this high and stay above while sentiment ain't reset yet after the last big drop.

akamysplit Updated 

btcusd

akamysplit

the last try to broke 5600 line was quick enough but it pushed down back, 5300 seems quiet strong to hold at this moment with no significant movement afterwards. personally i didn't touch it since the last drop, just abt to made this idea to evaluate myself

akamysplit

wait, is the smaller one a valid H&S? on the daily timeframe the rsi get stronger while bitcoin has created lower low, if current support level not strong enough to bounce it back there will likely a fakeout to 7900 level break the major trendline just to shake out the weak hodlers, cross lower than that which is at 7400 -7200 will complete the right shoulder for...

akamysplit

H&S, incoming halving, major trend line. this is week end, no significant retracement so far

akamysplit Updated 

don't ask me how do i know, i have crystall ball !!!!!

akamysplit

why this feels like taking forever like shit !

akamysplit

need to form falling wedge to 9300 before it go down, cross higher than 9300 will bring bitcoin to next bull market

akamysplit

just a simple idea

akamysplit

still move inside parallel channel

akamysplit

eventhough rsi has shown similar pattern with previous one on 1h tf, as long as bitcoin not broke that support trend line we will more likely see bitcoin cross ema 200 on 4h tf and enter bull market....again, since on 1h tf already crossed. atm it is still on the critical zone

akamysplit Updated 

if the volume not strong enough to break the current resistance, gartley will more likely performed and pull Bitcoin down back lower than the previous one