I was hoping to see a btc FIB correction at .786 not at .618. Although the .618 is more acceptable I was hoping to see a less correction to keep the sentiment up from the people who are buying into BTC.
Not everything that is healthy (.618 correction) is helpful.
See you soon.
As far as I am concerned, BTC correction is over.
This is not with the intend to give a financial advice but to offer an educated idea.
Thank you.
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BETTER TO READ
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That was fun lol At least for now
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Good night yall. not too happy but I need to sleep. I work tomorrow. :0(
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Correction getting done $400 before target area.
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Don’t want to annoy you ppl but I want you to be informed. Lot of noise out there saying things I honestly don’t see at this point.
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Ignore the previous link comment sorry. This is the right one.
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This will be my last update in this chart. No point to keep updating a chart that has a target. Unless I think btc is running into trouble again. As of now, I still believe we are out of correction.
Thank you for your time.
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I have set my sell orders at 7550$. I AM RISKING IT BELOW THAT PRICE AS I FOLLOW MY CHARTS TO THEIR DETAILS. . I DONT TRUST BTC BRAKING SUCK IMPORTANT SUPPORT. GOOD LUCK ALL
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My sell order was removed. We are catching back up. Good luck
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I have to come back today and update on this. I just don't like what I see on btc at the moment. I have already put my stop loss again at $7500. The 3 hour chart that was getting confirmed is setting to take a dip. I DON'T KNOW HOW FAR DOWN THIS WILL GO but my guess is 6.6k bottom and if not, then we will have a second chance of cheap btc. Trade with care and good luck
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I am officially out of btc . I will keep you posted. Your money, your choices.
Thank you
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Morning all I am still bearish on BTC. Although the 3 hrs chart looks like we are getting ready for a rally, we have been able break above $8600 which is where we need to be for a new higher in this reversal. Once we break the neck of this HnS bottom, I am very optimistic for a 28k BTC in a few months maybe. But for me first things first. I Just do my studies diligently but it is your money and your choices. This is a earlier chart. we have successfully touched the 7700k levels and jumped back. Enjoy the crazy BTC. Since I work during the days my I’m still out of BTC.
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Ok people. The next chart will be a little confusing but will help to see the overall picture of btc price movement. I am still neutral on BTC. Although btc broke the pattern resistance, it is still having hard time gaining traction. Based on my studies BTC is in the upper trend but lingers too much around the support levels for me to be confident.
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AND BTC IS THE KING OF THE DUMPING. I HOPE YOU SOLD WHEN YOU HAD A CHANCE AND REBUY IT CHEAPER.
MY NEXT BUY IS 6.6K DEPENDING ON MARKET.
GOOD LUCK ALL.
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the daily chart now is giving us new data. I hope you understand TA is based on data provided by price movements every day. Although the daily cycle hasn't closed yet, we are now able to appreciate a FIB rectracement. We still have some hard resistance to break. 9.5k is still one we need to watch for then down trend now at 11k levels. As time goes by, the 11k levels will decrease making it easier for BTC do finally overcome its resistances. Have fun :)