The_Cannalyst

Flag attack?

Panjang
The_Cannalyst Telah dikemas kini   
BITSTAMP:BTCUSD   Bitcoin
Is this the next flag? Trading above the ATH will perhaps bring dynamic into the BreakOut
Komen:
Komen:
teh flag/triangle is narrowing..a desicion has to be made soon!
Komen:
anticyclical Long? (not my favourite)
Komen:
i wait for the procyclical ATH-BreakOut
Komen:
anticyclical alternative: buying the mangenta 38,2
Komen:
both anticyclical ideas have a wonderful Chance-risk-Ratio -as always when you Play against the trend....i don`t prefer countertrades
Komen:
the flags bottom was bought let`s see if this is sustainable..
Komen:
perhaps we have to adjust the flag
Komen:
Attention pls!
Komen:
ris is deep red now
Komen:
exactly kissed the 38,2 min correction fibo - rsi is thrashing around
Komen:
Komen:
ok! the flag isn`t a flag anymore! BTC crashes through the next support!
Komen:
on july 21 i asked: omment: which fibo will be the tp of the consolidation?
Komen:
btc tends to retrace full..let`s see
Komen:
in the daily we see a BIIG Double Top!
Komen:
as long as btc will stay above ~ 2380, it would be the best to stay a hodler if you are still on bord;-) The up-momentum is as long alive as we trade not below the fibos...trading above the max fibo 61,8 is still bullish and a chance for a turnaround exists. Below the max fibo, you can`t even more speak of a consolidation in the upmove, no, than you know that the double top has won the technical game.
Komen:
here is the rsi buying signal
Komen:
the retest of the breakout Niveau at 2616 was sold again, thats bearish...we have a new shortterm 12-2-3 Count
Komen:
if we break through the red 2 a new low should be exspected
Komen:
tp is 2382, the 0,5 fibo , perhaps that will be a trading opportunity in the hourly chart
Komen:
is this the end of the consolidation or will we see the next round?
Komen:
triggered bullish wedge
Komen:
no bottom at present...is the max fibo really the object of desire????
Komen:
Komen:
Komen:
the bullish wedge is triggered and active now it seems that the 0,5 fibo stopped the downswing. Now, btc should not trade below 2525 again
Komen:
Komen:
phantastic!
Komen:
Komen:
yihaaaa
Komen:
Komen:
Nice H&S!!!
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