opened a nice short here at 0.5 FIB level, which I hope is also a S/R flip. Stop a bit after 0.786 FIB if the market decides.
Looks like a decent bear channel to me. Lets short it. Target 10.8k
Very clear Evening Doji Star formed at the Weekly. Clear sign for a trend reversal. Time for the price to retrace. Short till 5K levels.
Let's see would the price movement develops this way. Just an idea.
On the Weekly chart thinks does not look so bullish for me. Several times that move has been played by BTC. Touching 0.618 FIB and down afterwards.
Unfortunately I don't know where the price goes after.
I'll short here replaying the previous move. 3 times wicks touch the diagonal resistance then a sharp move south. Waiting for the third touch of the blue diagonal resistance. Target 1 - 3180. Target 2 - 2950 if support at 3180 is broken.
Let's play that fractal. Long till the diagonal resistance.
So that pattern is confirmed on 3D. That means trend reversal. Bull market is starting. Let's go for the moon.
Let's repeat. Short here. Target 2970. Actually 2937.9 but some insurance always is a must.
The price broke the trend line. Now I'm expecting retest and if it holds a nice move upwards. Longs set at 3472. SL 3365.
May be 3.2K was the bottom and H^S in the making for trend reversal. Waiting for confirmation. Anyway some longs are open at the moment with a SL under 3.2K