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.
Uwaga
I want to add something that until shoulder appear this is bearish.Uwaga
Maybe this can be ugly shoulder. At the end if we can break 6800 it does not matter.Uwaga
The problem with upmovement is it is moving at weekends.Uwaga
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.Uwaga
This wasted time made situation bad. Making shoulder is harder now.Uwaga
Small timeframeUwaga
I am trying to long at 6369 with stop at 6337. Risky trade.Uwaga
Bought at 6188 after coinbase announcement for trading these coins. 6150 my exit point if it drops.Uwaga
Monday is coming be careful.Uwaga
April low breakup.Uwaga
Trying to break 6530Uwaga
We are at the yellow areaUwaga
I hope this resistance can turn supportUwaga
Closed below yellow areaUwaga
Rejected from yellow area againUwaga
Third timeUwaga
Forth time comingUwaga
Aaaaaaaand brokenUwaga
Inside the area sideways below the area correction time above the area moon time.Uwaga
Seems like correction time comingUwaga
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"Uwaga
Watching the up movement above the yellow box :) If it fails i can sell at box again ez strategy :DUwaga
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 :)))Uwaga
New lines to play Uwaga
You can see from the chart that bitcoin couldn't manage to break fib level i will watch it with limit buy order.Uwaga
Price reacting too quick it was 7336 while i was writing saw 7261 2 minutes later :DUwaga
Alt are moving it is trading time :)Uwaga
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.Zlecenie zamknięto ręcznie
Zlecenie aktywne
Uwaga
Really interesting whale moves.Uwaga
I will wait until above 7380Zlecenie zamknięto ręcznie
Uwaga
InterestingUwaga
Another big sellUwaga
Maybe they are trying to scare people before big pump am i too optimictis :DUwaga
Third big sellUwaga
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Take a look at bnb guys there is new fee program.Uwaga
Bots are angry to bnb i think :D at least i bought btc because of that.Uwaga
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.Uwaga
Fresh Uwaga
So unless we go above 7428.70 i will think we are making correction.Uwaga
And until breaking below red line i am neutral.Uwaga
Market maker trolling everyone. We need more players at crypto otherwise this is what happens.Uwaga
When i said that market maker trolling everyone i wasn't joking.Uwaga
My last picture about drop is not valid anymore because of time.Uwaga
And because we are above 7428.Uwaga
I was lucky because i was watching and saw the failed wick. This annoying pattern still continue.Uwaga
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.Transakcja zamknięta: osiągnięto wyznaczony cel
Right after my commment climbed back to the area. And finally 7800. Now i can consider inverse head and shoulders target reached.Uwaga
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.Uwaga
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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