Watcher Guru
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broke down from the resistance zone. For me: a no trade zone right now. My bias is a retest of the uptrend which is 38.xxx right now
DiveInDefi
We need to break this curviture to become bullish again
BTC is forming a triangle. Usually this means continuation but can also break down. I'll keep you updated
DiveInDefi
Photo
All blind angeln investors in bitlords shitcoin are not only down 50% but also have a 90% sell tax while everyone else can trade with 7/7.
This dude is one of the biggest clowns besides cryptocapo
This dude is one of the biggest clowns besides cryptocapo
DiveInDefi
BTC is forming a triangle. Usually this means continuation but can also break down. I'll keep you updated
Breakdown attempt defended so far
DiveInDefi
Just realized this BTC pump downtrend on ethbtc. Wait until its broken :)
Still working against this resistance. Large decending triangle. I believe we will break out to the top.
DiveInDefi
Breakdown attempt defended so far
I think I explained that sometime a few months ago:
Those triangles usually have 1 fakout ane then they break out the opposite direction. This small fakeout to the bottom makes me a little more bullish
Those triangles usually have 1 fakout ane then they break out the opposite direction. This small fakeout to the bottom makes me a little more bullish
DiveInDefi
I think I explained that sometime a few months ago: Those triangles usually have 1 fakout ane then they break out the opposite direction. This small fakeout to the bottom makes me a little more bullish
This pre-empts a pump after the fakeout. So far I am not convinced
DiveInDefi
Breakdown attempt defended so far
Looks like a breakdown rather than a fakeout. Be cautious
DiveInDefi
Looks like a breakdown rather than a fakeout. Be cautious
this purple circle is where it gets interesting. A bearish retest is likely and a normal outcome after a breakdown. We need to break above to turn the current trend which is headed downwards afdter the retest.
DiveInDefi
this purple circle is where it gets interesting. A bearish retest is likely and a normal outcome after a breakdown. We need to break above to turn the current trend which is headed downwards afdter the retest.
if anyone doubts this triangle, here is the zoomed out version. it is a longer term uptrend
DiveInDefi
if anyone doubts this triangle, here is the zoomed out version. it is a longer term uptrend
Looks good. Maybe we got a macro bear trap