BITCON POTENTIAL INVERSE HEAD AND SHOULDERS
Seems like our secret yellow box turned again :)) 6650-6840 range is strong resistance so i think this movement will end up with inverse head and shoulders. Support side there are April and February lows. Momentum wise i think we can take last drop below long term support as a false breakout which is bullish.
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I want to add something that until shoulder appear this is bearish.הערה
Maybe this can be ugly shoulder. At the end if we can break 6800 it does not matter.הערה
The problem with upmovement is it is moving at weekends.הערה
I had think about it and i dont think this was a shoulder. I dont like this type of up movements there should be pulbacks while going up. I will watch it until make a meaningful movement.הערה
This wasted time made situation bad. Making shoulder is harder now.הערה
Small timeframeהערה
I am trying to long at 6369 with stop at 6337. Risky trade.הערה
Bought at 6188 after coinbase announcement for trading these coins. 6150 my exit point if it drops.הערה
Monday is coming be careful.הערה
April low breakup.הערה
Trying to break 6530הערה
We are at the yellow areaהערה
I hope this resistance can turn supportהערה
Closed below yellow areaהערה
Rejected from yellow area againהערה
Third timeהערה
Forth time comingהערה
Aaaaaaaand brokenהערה
Inside the area sideways below the area correction time above the area moon time.הערה
Seems like correction time comingהערה
Watchout the yellow box. Also i want to say that i made this inverse h&s chart 2 weeks ago and people sharing this today and comments like " omg what an analysis"הערה
Watching the up movement above the yellow box :) If it fails i can sell at box again ez strategy :Dהערה
Aaand inverse head and shoulders completed. It is sad that i shared this 2 weeks ago and people that realized today we have a inverse head and shoulders getting more appreciation than me. Maybe if i share 100000 different charts and say "it can go up and down" it would be better :)))הערה
New lines to play הערה
You can see from the chart that bitcoin couldn't manage to break fib level i will watch it with limit buy order.הערה
Price reacting too quick it was 7336 while i was writing saw 7261 2 minutes later :Dהערה
Alt are moving it is trading time :)הערה
I am not making another chart because we still did not hit the target of inverse head and shoulders. I shared some lines. Lets look at them how they worked.העסקה בוטלה באופן ידני
עסקה פעילה
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Really interesting whale moves.הערה
I will wait until above 7380העסקה בוטלה באופן ידני
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Interestingהערה
Another big sellהערה
Maybe they are trying to scare people before big pump am i too optimictis :Dהערה
Third big sellהערה
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Take a look at bnb guys there is new fee program.הערה
Bots are angry to bnb i think :D at least i bought btc because of that.הערה
Like i said i am in if btc above the 7380 also i gave 1 more chance to bnb with tight sl i dont know why it is dropping so i am risking too litlle.הערה
Fresh הערה
So unless we go above 7428.70 i will think we are making correction.הערה
And until breaking below red line i am neutral.הערה
Market maker trolling everyone. We need more players at crypto otherwise this is what happens.הערה
When i said that market maker trolling everyone i wasn't joking.הערה
My last picture about drop is not valid anymore because of time.הערה
And because we are above 7428.הערה
I was lucky because i was watching and saw the failed wick. This annoying pattern still continue.הערה
We are breaking moving averages step by when i shared this as a "freash" we were at blue area. After the red area 4h macd were going to become bullish and i thought this drop pattern ended but seems like it did not.עסקה סגורה: היעד הושג
Right after my commment climbed back to the area. And finally 7800. Now i can consider inverse head and shoulders target reached.הערה
We can see in the main chart we turned from red line which was resistance at June. After that we have 7880 which is 1:1 target and fib level.הערה
I have tried to share small timeframe movements too but when changes was too quick it didn't helped i think.
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