wolverinex44

wolverinex44

Hey Guys! BTC just fell back onto the top line of the falling wedge on the 1D. Question is if that brief period above the wedge was a weak failed breakout attempt or are we simply pulling back to confirm the top boundary now as support. If it was a failed breakout attempt, expect to see lower lows with a retest of $6k most likely. (Personally this seems...

wolverinex44 Updated 

Whats up!? Let's take a look at this intriguing BTC situation... BTC is trying to push higher, and has once again briefly spiked only to fall back down 100-200 points. The orange line is an intermediate uptrend line connecting four recent bottoms, which recently got confirmed again. Buying on this line has proved profitable so far, but the fact that it was...

wolverinex44 Updated 

Happy trading, Let's zoom in and take a quick micro look at BTC to see if we can gain some insight. After BTC failed to hold support from 7000-7200 it has formed two patterns. The first was a descending triangle (bearish pattern). Which had a false move to the upside and then preceded to crash downward just as the pattern predicted. Its down move has already...