BINANCE:BTCPERP COINBASE:BTCUSD BITFINEX:BTCUSDLONGS Another Potential Bear Trap coming. We've got the hash ribbon buy signal. EMA ribbon bullish momentum is back. Trading above the 20 week SMA. Golden Cross on the 12 HR yesterday Still waiting on 3 final confirmations for me. Weekly MAC D cross Golden cross on the daily time frame. Closing the weekly...
COINBASE:BTCUSD BINANCE:BTCPERP BINANCE:BTCUSDT Looks like we're forming a huge descending triangle formation. We've knocked on the lower support area around 5 times already. The more you knock on the door eventually it's going to... I've been seeing a lot of people in the community and on social media expecting a 20k Bitcoin. Therefore I don't see it too far...
COINBASE:BTCUSD BINANCE:BTCUSDT I'm fine with either outcome.
Here's 3 scenarios. Best Case : We eventually Retest and close above 42/43k to regain bullish channel trend. Worse Case: 30k doesn't hold and GG. I've marked key liquidity zones on the chart. Most likely case: We just keep accumulating/ranging/chopping from 30-42k until the whales/market makers want to do something. Good luck.
Don't FOMO. Wait for confirmation. Currently right in between 2 key Support & Resistance. Go Lakers. Clippers Suck.