Retest incoming $BTC

$XBTUSD Weekly Closed.

#bitcoin breakout

Easy trade set up on #bitcoin Inside bar on the daily. Long the break out, short the breakdown.

New support $BTC

https://t.co/1sneK73YMM

$XBTUSD 4H A little late on the schedule, spent some time making a new HL, but it's getting there.

After months of research and then basically looking at the chart for 2 seconds I can tell you exactly what price the @BitMEXdotcom servers will crash, most will panic unless they have already planned their trades. In other words $BTC should scream in a ferocious…

We need to break this prior candles high in order for this trend to continue. All eyes on $BTC

$11,998 looks like a great landing spot, would also provide a good scalp setup if you subscribe to this being the top. (I don't until we close below the prior days low/daily conversion line)

$XBTUSD 4H Update. Possible rising wedge.

$XBTUSD 4H Update. Critical support. (top line adjusted a little)

2/3) It is not a bad strategy to long the orange conversion line on the daily. However, 11388-11474 is our value area on the vpvr, if we reach that low then I would want to see a quick rally off of it to ultimately close above the daily conversion on the…

3/3) to feel comfortable with the uptrend still being in effect, this would also give the bear divs on the 6 and 12 hour time to correct. Any invalidation there leads my bias to a longer downtrend. #Bitcoin $BTC

$XBTUSD 4H This trendline (purple) was at almost completely transparent on previous charts, I just noticed the touch. I'm calling this a "zombie trendline".

$XBTUSD 1H Retest of the broken trendline from below can be seen here. I hedged my long.

This is called a continuation pattern downwards. In other words a momentary pause before the next leg down & the pause is about to be over with. Another 5% which matches what I was looking for in the tweet up top 2/3... Activate @BitmexRekt

I'll take that #Bitcoin scalp. Hope a tail fills some of my bids.

$XBTUSD 1D I said before that BTC pumped every time it touched the 21D EMA, but this time it may actually be different: it's currently making a lower high, possibly giving birth to a failure swing (continues...) 1/2

Such failure swing would be confirmed if BTC closes the daily below 10.5k, at which point I'd expect a bigger correction to 8k or below. Again, this is *unconfirmed*, it might take a few days for any significant move. I'm currently flat with my long hedged.…