let's also see how this one plays out, it's just like the S&P 500, 2008 Top is -55% from 2019 Top
let's see this is really just for me personally to see how it plays out lol
It looks like this is not very unlikely... Let's hope it reverses and holds the OB but it looks weak...
It's looking like it wants to retest the low of 7600, we might even go lower this time? Let's wait for the pullback to start a short at the OB top
I want to see this to turn bullish on Bitcoin.
We have been fighting this zone for some hours now, don't know what to expect...
I'm watching the Bottom of my weekly OB at 7600 closely, I think we will reach it soonish and hopefully hold it.... If we break it -> weekly structure change to bearish, that would be really bad... 7600 is the optimal buying zone! If it reacts positive I will start a swing long and we will see whether the OB EQ and OB Top will act as strong resitances or not...
I'm waiting for a clear signal to long or short this, not trying to rush into something, unclear where we're going atm...
if the 4h keylevel is broken easily and the weekly tried and then maybe pullback on to the 4h for a second try and break of the weekly? that would be bullish. Otherwise staying out, probably waiting for the pullback on the weekly key level tbh
The mentioned price move happened to the down side, next zone holds atm, I think we could still go lower... watching this zone for a clear trading signal
Bitcoin has been ranging for quite some time now... I'm guessing either we will keep ranging for some more days/weeks or we will see a big move in the coming days. Maybe some catalyst news for a big boost up or a dump like in november?
Bitcoin is moving from zone to one, it's crazy how accurate simple price action is! Let's see whether it manages to close above the 0.5 EQ for a bullish scenario...
If bitcoin closes its nxt 4h candle above this 4h OB, that would be a bullish scenario. 30 minutes left, long it or wait for the retest! if we dont close above (whole candle) I would wait for a potential short scenario.
Still below my weekly key level, also below the weekly open... I feel like a lot of people would expect a move to the downside seeing this chart. maybe the exact opposite will happen? I'm guessing it will be a big move up or down, too risky to trade imo, I will just sit this one out and try to catch the pullback...
Can we break it? It looks good, let's wait for it to break above the OB, retest it and then long! Bullish trend is back
Retest of the weekly key level after we have broken the bearish trend would be really bullish. Looking for long entry here, this could go wild...
Let's see if we can get this higher high with a break above the OB, this would break the bearish trend.