4H chart about to price flip
descending triangle
waiting for a break out
below 8980 is a short trade for me
breaking up this triangle... need to go above the blue rectangle that is POC
I'm waiting for a trade.
its the third attempt of bitcoin to achieve a golden cross in 12H time frame.
in the same time Stoch Rsi has been oversold for the third time.
the red zone is a resistence that Bitcoin should break to see a bullish continuation
If Bitcoin can not hold this price, it is likely that we will see the bitcoin in the green zone, which is a good support where it could...
this bubble is too similar of the last long bubble of 2013.
if we break the current support at 6k
it is very possible meet a support in 4500 zone
weekly view
2013 bubble
when we open and close below the EMA50 (white) we found a resistant at EMA50 and we found a support and the bottom with EMA 200.
after we break up EMA50, that's the moment when the currently...
still in play ADAM&EVA pattern, after break out the falling wedge, could lead the $BTC to 11.400 zone. with a good momentum and nice retrace 0.618 of the last impulse move shaping the A&E pattern.
this is the first idea that I publish...
I can see double support on fibonacci 0.618 at this point
and still respect the trendline of the entire move.
if we break down at this greend trendline, likely will see btc at 3000$ zone
