Hey guys!
Friday the 13th.
Let's see how this goes. So far these last few hours, so good.
Update to the previous -Some are saying there's a double forming, I personally do not see it happening. In order for the double top to confirm, BTC will need to break the above RES trend line (white) -Not happn'n.
What I do think is more likely, Drop to buy zone.
HOWEVER.
This is a bit too ambiguous, will like it a lot more if we move down to at least the first BUY ZONE just above $4.6K
This would be ideal if we’re looking at this DESCENDING BROADENING WEDGE forming,
Looking for a bounce up from the buy zone, will call the low here if confluence among all my indicators allows.
After getting in, will be playing close attention to PA looking to confirm to the upside. Must cross the white trend line.
If it doesn't, you still get out without really losing anything, bc you will get at least a little bump from the buy zone.
What do you guys think? Hope everyone’s doing great today -lot’s of opportunity :)
Friday the 13th.
Let's see how this goes. So far these last few hours, so good.
Update to the previous -Some are saying there's a double forming, I personally do not see it happening. In order for the double top to confirm, BTC will need to break the above RES trend line (white) -Not happn'n.
What I do think is more likely, Drop to buy zone.
HOWEVER.
This is a bit too ambiguous, will like it a lot more if we move down to at least the first BUY ZONE just above $4.6K
This would be ideal if we’re looking at this DESCENDING BROADENING WEDGE forming,
Looking for a bounce up from the buy zone, will call the low here if confluence among all my indicators allows.
After getting in, will be playing close attention to PA looking to confirm to the upside. Must cross the white trend line.
If it doesn't, you still get out without really losing anything, bc you will get at least a little bump from the buy zone.
What do you guys think? Hope everyone’s doing great today -lot’s of opportunity :)
