bitloss

bitloss

Target area is in red circle. I suspect it will find support at the 0.618 fib and 20MA and blue trend line, the back on the bull. NFA

bitloss

NFA NFA NFA Title is self explanatory. It's also finishing up a rising wedge. Conservative target: $42k Otherwise back down to $28k-29k range Notice bearish MACD crossover as well. Traders, get ready to trade on a downward trend. Make money both ways! Investors, this is not where you want to buy in. Maybe take some profits, treat your family, and revisit this...

bitloss

NFA. Looks like a massive Cup & Handle with the two tops occurring in Dec 2017 and in May 2021. The cup's handle has formed a bullish pennant. The pennant's stop loss, confirmation level, and target are marked. The cup & handle has it's target marked and the measurement shown. Market is currently supported by the 200 moving average which is bullish. MACD...

bitloss

NFA. Short term rising wedge inside a longer-term rising wedge. A break down from the shorter-term wedge would likely simultaneously be a break down of the longer-term wedge. MACD looks as if it is about to have a bearish crossover from an extreme high. Short term bearish divergence for the short term wedge, and longer term bearish divergence for the longer...

bitloss

DO NOT trade off of this. This is just what I saw at a glance. Rising wedge: bearish Divergence: bearish MACD (possible) crossover today: bearish RSI: idk meh Price targets: I am not sure target prices but support/resistance has been respecting Fib levels pretty well. Alternative possibility: Break above the rising wedge resistance with big bullish volume. I...