Consolidated in a symmetrical triangle with a breakout.
This is the 4th attempt to beat RSI resistance while DIVERGING.
Serious, SERIOUS volume needs to come in to displace divergence on higher TF's.
We could go up here but all higher time frames are absolutely MAXED.
We are close IMO to a major short entry.
Be careful here. This looks like it COULD be one of those disastrous 'H' shaped drops.
Daily closed inside 2 prior wicks. That means over the period of 3 days Bitcoin has tried to get above the current high and failed.
3 days.
This thing could come DOWN.
That said, I've been wrong on every 'top' so far so "This time it's different"?
LUL.
Only posted this to look at it later.
This is the 4th attempt to beat RSI resistance while DIVERGING.
Serious, SERIOUS volume needs to come in to displace divergence on higher TF's.
We could go up here but all higher time frames are absolutely MAXED.
We are close IMO to a major short entry.
Be careful here. This looks like it COULD be one of those disastrous 'H' shaped drops.
Daily closed inside 2 prior wicks. That means over the period of 3 days Bitcoin has tried to get above the current high and failed.
3 days.
This thing could come DOWN.
That said, I've been wrong on every 'top' so far so "This time it's different"?
LUL.
Only posted this to look at it later.
Kommentera:
dumpy dumpy
Kommentera:
Something I really wonder about this screenshot in particular.
3 significant lower highs in strength.
For over a month.
A MONTH.
You mean to tell me, that in a MONTH we can't beat prior RSI strength?
The last rise where we hit ~$11.3k ish was literally nothing but green candles.
Why couldn't we blast past the ONE RSI resistance that we need to beat so we aren't diverging on this time frame?
3 significant lower highs in strength.
For over a month.
A MONTH.
You mean to tell me, that in a MONTH we can't beat prior RSI strength?
The last rise where we hit ~$11.3k ish was literally nothing but green candles.
Why couldn't we blast past the ONE RSI resistance that we need to beat so we aren't diverging on this time frame?
Kommentera:
Kommentera:
Build it up, just to tear it down.
Get ready, cause it's coming...
In 3....
Get ready, cause it's coming...
In 3....
Kommentera:
You're buying their bags from $3k and have been. loool.
3rd time's the charm.
Be prepared for a new high. Only this time, if it does indeed hit a new high, also be prepared to watch your long close significantly under the stop you have. :-)
2....
3rd time's the charm.
Be prepared for a new high. Only this time, if it does indeed hit a new high, also be prepared to watch your long close significantly under the stop you have. :-)
2....
Kommentera:
Kommentera:
"We're building it up
To break it back down
We're building it up
To burn it down
We can't wait
To burn it to the ground"
2.....
To break it back down
We're building it up
To burn it down
We can't wait
To burn it to the ground"
2.....
Kommentera:
eeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee
Kommentera:
sir Chaikin Money Flow is not a happy man
Kommentera:
yeet
yeet
Kommentera:
My favorite alt is about to hit some serious support.
:-)
:-)
Kommentera:
$11.4k/$11.6k
Absolute highest I see us going, at least for now.
This will be a very quick pump to liquidate shorts.
That'll be your short entry.
:-)
Absolute highest I see us going, at least for now.
That'll be your short entry.
:-)
Kommentera:
Here's a short entry for those on Mex.
Kommentera:
An update I am working on.
2...
2...
Kommentera:
$12k.
You're welcome. :)
You're welcome. :)
Kommentera:
Sell volume increasing while buy volume is diminishing.
Serious volume and price raise needs to happen here or we're going down hard.