BTCEUR trade ideas
BTC's ascending triangle, more upsideBTC continues to build bullish patterns after bullish patterns and providing great entry set ups. This time it's an ascending triangle after the bull flag I mention in my last idea.
After breakout, it's now on its way to test the triangle's resistance, as support. I expect more upside, even though RSI on monthly and weekly charts remains in overbought territory.
What do you think we are going?
BTC hourly chart, printing a nice signal BTC hourly has shown a Bull Flag signal and is currently breaking out of its ascending triangle.
Short term price remains strong to the upside.
I have two targets (1 & 2) showing the measured moves to the upside.
So hopefully this week will be a good week for BTC
Not financial advice, its my reading of the chart pattern playing out
What Goes Up Must Come DownHow deep do you think the correction will go?
Just my private opinion, no financial advice!
Testing short term resistance? A beginner's ideaHi all,
I'm a beginner and just sharing this idea as a personal journal so please feel free to disregard this as irrelevant.
CLOSING MY LONG HERECLOSING MY LONG HERE.
IF RESISTANCE GET BRUTALLY BROKEN WITH A STRONG MOVEMENT I WILL RE ENTER THE MARKET WITH A LONG
BULLISH BREAKOUTTHE PRICE BROKE UP THE CHANNEL WHERE
IT WAS MOVING THE LAST TWO DAYS,
RESISTANCE BECAME SUPPORT:
TIME TO GO LONG
BTC/EUR, where to buy the dip?Please Support this Idea with LIKE if it is Useful....
BITCOIN/EURO
The price is following an ascending structure, price is in strong momentum so price may continue moving higher without a pullback, but we can't enter in the Impulse we have to wait for a correction to enter, If price makes a correction/pullback and holds above the support I expect the price to move higher.
Bulls failed assault on main resistanceMain feeling is bearish as long as the price doesn't break above maior resistance block.
entry level for current triangle consolidationpossible retrace to 27K eur. would use as an entry point. the stop loss for catching this knife would be at 100% retrace. limit at triangle top. will probably attempt next moonshot when ath breaks.
BTC test and resumption off so obvious now, soon all time highsTest, low, resumption off... so obvious now.
BTCEuro first, BTCUSD next
