More than one way to skin a cat but not BTC. Daily, weekly, bi-weekly, and monthly all targeting about 7200-7300. I consider this a wave 2 down. Therefore, expect alt-usd pairs to drop with btcusd. However, expect alt-btc pairs to pump.
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Weekly. Will drop to test the breakout.Note
Thank you red trend line for proving yourself time and time again! Note
I spoke to soon. Sorry trend line.Note
Don’t get tripped up on 15min. Pretty sure accumulation ended at vertical line with a breakout (down).Note
Accumulation breakout on 5min. Might still need to bounce to confirm.Note
Fuck it. Let’s see if this will help to speed things along or get me liquidated.Note
Could be a fakeout pump. Blue vertical lines indicate accumulation starts. The pink for distribution. Went A-D-A. Distribution appears to have ended prematurely... Note
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Here comes the snakeNote
Ouch. Didn’t play out like I thought. Still.Note
Same channel but regular, not inverted, price scale.Note
Could pull back to either if indicated prices.Note
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Was wrong about accumulation on 15min. It has played out. Coming to a close now.Note
Well... maybe not completely ending... a fakeout rally could happen first.Note
It’s coming.Note
Do you feel it yet?Note
Updated idea.
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If you made profit and would like to show support for these ideas/charts then you can find my btc trading wallet address in my profile.Note
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To those interested, new idea published yesterday.
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You can support these ideas by sending only btc to the wallet in my profile. Buy buy buy till target.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.