BTC hitting strong resistance @ 6900 USD
Testing resistance around 7200 USD multiple times
Death cross 100/200 SMA on the daily
Ichmoku cloud showing resistance on the daily
however, bullish on the higher time frames as we might break this resistance in the coming weeks
Testing resistance around 7200 USD multiple times
Death cross 100/200 SMA on the daily
Ichmoku cloud showing resistance on the daily
however, bullish on the higher time frames as we might break this resistance in the coming weeks
코멘트:
TP 5600 USD possible long hunter wicks to the upside
코멘트:
strong overhead resistance @ 7400
코멘트:
BTC macro structure outlook
-- appears to be forming falling wedge
-- getting heavy resistance from the 0.382 fib retrace
-- above a daily 9 based on TD sequential
-- appears to be forming falling wedge
-- getting heavy resistance from the 0.382 fib retrace
-- above a daily 9 based on TD sequential
코멘트:
Macro view on the daily
코멘트:
hopefully we wont go this low but certainly a possibility given the continuation pattern for a falling wedge
코멘트:
코멘트:
코멘트:
broke out of the rising wedge
forming lower highs in a downward channel
let's see if we can break through the 7200 region first
otherwise, its more downward price action from here
forming lower highs in a downward channel
let's see if we can break through the 7200 region first
otherwise, its more downward price action from here
코멘트:
lower half of rising channel or upper half of falling channel
only time will tell
only time will tell
코멘트:
코멘트:
코멘트:
same fractals in play here
코멘트:
broke out of ascending channel but getting resistance from .618 fib
코멘트:
rejected by key resistance @ 9400 and back in the rising channel high probability of more downside action to back test the initial break out
코멘트:
uptrend continuation or new downtrend?