You still have that 15% feeling the head and shoulders isn’t going to play out? Is 38k incoming? I wish whoever would quit saving it and just let it drop so we can move on. No one is wanting buy do to fear of the drop.
Yep. I am still going with the 15% that it will NOT play out. I hope to create a video soon to explain this but currently have other obligations that come first. Stay tuned.
If what I see is correct, I believe the bounce off 42K was it.... Still a lot of volume. Your thoughts? Bi-polar Bitcoin it's a love hate thing, but Bitcoin is the king.
Wow, great analysis ! When would you enter trades, would you look for confirmation that we really kissed mama goodbye ? At what level could we feel confident that this is the case ?
Ideally, you're looking for a big move above the 200 day and through the two levels of resistance (black/red) above that. I'd want to see us using the black resistance above us (at 50k) for support. You can be quite sure that the bulls are back in charge should we defeat that level again!
You still have that 15% feeling the head and shoulders isn’t going to play out? Is 38k incoming? I wish whoever would quit saving it and just let it drop so we can move on. No one is wanting buy do to fear of the drop.
Yep. I am still going with the 15% that it will NOT play out. I hope to create a video soon to explain this but currently have other obligations that come first. Stay tuned.
If what I see is correct, I believe the bounce off 42K was it.... Still a lot of volume. Your thoughts? Bi-polar Bitcoin it's a love hate thing, but Bitcoin is the king.
Wow, great analysis ! When would you enter trades, would you look for confirmation that we really kissed mama goodbye ? At what level could we feel confident that this is the case ?
Ideally, you're looking for a big move above the 200 day and through the two levels of resistance (black/red) above that. I'd want to see us using the black resistance above us (at 50k) for support. You can be quite sure that the bulls are back in charge should we defeat that level again!