Fascinated by drawing lines | Meme Lord | TWITTER @tamngwab | share with you technical trading tricks | I like my own feeds | BREAKOUT AND PRICE ACTION TRADER.
The CME gap has been filled, and we now have an upper gap expected to be filled at 62k. Hopefully, we’ll see upward continuation from that point. $BTC #BTC☀
Technician
--
CME gab still has much influence in price. So, I will only enter a buy when the gab is filled or when price breaks 71k Price to watch 60k -59k. #Bitcoin❗ $BTC
CME gab still has much influence in price. So, I will only enter a buy when the gab is filled or when price breaks 71k Price to watch 60k -59k. #Bitcoin❗ $BTC
#bitcoin☀️ is currently at a critical juncture. The bulls need to break out of the wedge pattern on the first attempt. If they fail, we could see a retracement back to $58K. The second chart, the CME Futures, clearly shows a gap between $60K and $58K. This gap is a key reason why the bulls must break out upwards on the first try. Should the bulls fail initially, they may give up and allow the price to fall back to the $60K - $58K range. In that case, it would be wise to take profits immediately you see a failed breakout. $BTC #BTC☀
$ADA community has been quiet lately. However, technical analysis indicates a clear fake breakdown and a retest of a key level. Additionally, there are weekly bullish engulfing candles, suggesting a potential buy opportunity. ⚡️
Correction seems to have completed on most alt pairs. Here is a weekly and 4Hr time gram chart on $IOTA We can clearly notice a H&S pattern on 4Hr TF chart. #iota
Bitcoin Update. - Chart one clearly shows that the market maker structure is in play, following the AMD pattern (Accumulation, Manipulation, and Distribution). There’s a 75% chance for this structure to succeed whenever it is noticed. Positive days are ahead. Any new project launching from next month might be exceptionally fortunate, as I anticipate an aggressive bull season starting then. - Chart two is very significant. We observed a strong bounce from a key level, occurring precisely after closing the monthly fair value gap. This monthly chart is crucial for our analysis, as the bearish engulfing pattern remains in effect. This pattern will only be negated if we see a monthly close above 71,300. $BTC #Bitcoin❗