BITCON POTENTIAL INVERSE HEAD AND SHOULDERS
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Seems like our secret yellow box turned again :)) 6650-6840 range is strong resistance so i think this movement will end up with inverse head and shoulders. Support side there are April and February lows. Momentum wise i think we can take last drop below long term support as a false breakout which is bullish.
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I want to add something that until shoulder appear this is bearish.Nota
Maybe this can be ugly shoulder. At the end if we can break 6800 it does not matter.Nota
The problem with upmovement is it is moving at weekends.Nota
I had think about it and i dont think this was a shoulder. I dont like this type of up movements there should be pulbacks while going up. I will watch it until make a meaningful movement.Nota
This wasted time made situation bad. Making shoulder is harder now.Nota
Small timeframeNota
I am trying to long at 6369 with stop at 6337. Risky trade.Nota
Bought at 6188 after coinbase announcement for trading these coins. 6150 my exit point if it drops.Nota
Monday is coming be careful.Nota
April low breakup.Nota
Trying to break 6530Nota
We are at the yellow areaNota
I hope this resistance can turn supportNota
Closed below yellow areaNota
Rejected from yellow area againNota
Third timeNota
Forth time comingNota
Aaaaaaaand brokenNota
Inside the area sideways below the area correction time above the area moon time.Nota
Seems like correction time comingNota
Watchout the yellow box. Also i want to say that i made this inverse h&s chart 2 weeks ago and people sharing this today and comments like " omg what an analysis"Nota
Watching the up movement above the yellow box :) If it fails i can sell at box again ez strategy :DNota
Aaand inverse head and shoulders completed. It is sad that i shared this 2 weeks ago and people that realized today we have a inverse head and shoulders getting more appreciation than me. Maybe if i share 100000 different charts and say "it can go up and down" it would be better :)))Nota
New lines to play Nota
You can see from the chart that bitcoin couldn't manage to break fib level i will watch it with limit buy order.Nota
Price reacting too quick it was 7336 while i was writing saw 7261 2 minutes later :DNota
Alt are moving it is trading time :)Nota
I am not making another chart because we still did not hit the target of inverse head and shoulders. I shared some lines. Lets look at them how they worked.Dagangan ditutup secara manual
Dagangan aktif
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Really interesting whale moves.Nota
I will wait until above 7380Dagangan ditutup secara manual
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InterestingNota
Another big sellNota
Maybe they are trying to scare people before big pump am i too optimictis :DNota
Third big sellNota
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Take a look at bnb guys there is new fee program.Nota
Bots are angry to bnb i think :D at least i bought btc because of that.Nota
Like i said i am in if btc above the 7380 also i gave 1 more chance to bnb with tight sl i dont know why it is dropping so i am risking too litlle.Nota
Fresh Nota
So unless we go above 7428.70 i will think we are making correction.Nota
And until breaking below red line i am neutral.Nota
Market maker trolling everyone. We need more players at crypto otherwise this is what happens.Nota
When i said that market maker trolling everyone i wasn't joking.Nota
My last picture about drop is not valid anymore because of time.Nota
And because we are above 7428.Nota
I was lucky because i was watching and saw the failed wick. This annoying pattern still continue.Nota
We are breaking moving averages step by when i shared this as a "freash" we were at blue area. After the red area 4h macd were going to become bullish and i thought this drop pattern ended but seems like it did not.Dagangan ditutup: sasaran tercapai
Right after my commment climbed back to the area. And finally 7800. Now i can consider inverse head and shoulders target reached.Nota
We can see in the main chart we turned from red line which was resistance at June. After that we have 7880 which is 1:1 target and fib level.Nota
I have tried to share small timeframe movements too but when changes was too quick it didn't helped i think.
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