needfulMagpie43636

looking at the chart we can see a break down of the trend that was current. After the trend, broke it seems to have flipped it as resistance. If we get a confirmation we can continue to go further down and sell off more. Its going against my indicator thats currently showing a buy. lots of liquidity to grab on the upside for btc up till 103k. SO we shall watch and see what the market does.

After forming a double top and trending down we may be hitting a higher low with a divergence of price + indicator. Taking into account of the 6 month heat map for eth, we can see that there is still a lot of liquidity to grab at the bottom before we can continue to trend up to higher highs. just my opinion.

These triangle patterns often follow the overall trend of price action, which currently seems like we are in a overall downward trend. If we continue to break down from the triangle, im looking at 140-160 as supports. Looking at btc heat map from the last 3 months, lots of liqudiity towards the downside compared to going back up to 110k. As we know, market makers tend to move markets where there is most liquidity. I expect markets to continue being extremely volatile, but a move towards the upside wouldnt surprise me either. Many on here continue to form the bullish pattern, but in short term i do think we will continue more downside as the cme gap for bitcoin is still unfilled at 76k.

looking like hard resistance yesterday after trying to quickly go up, then get rejected on the 50 ma on the daily. might see another large move to the downside. stop loss around 59800.

after breaking out of hte desending wedge i posted yesterday, looking for a retest resistance as support for a continuation to 61-62k.closed trade at 58700, will be looking for a long position or potentially a short position if it breaks down lower

range is still holding within the falling wedge, anticipating a dump and then a some price action to the upside. over sold on a lot of metrics and lots of liquidation action within that 58.5-56.6k range. liquidation stack around the 61-62k price range so we might be able to hit that before a continuation downwards. nfa

looking like there is a chance that this falling wedge might break out on an abc pattern. could potentially play out if we still continue to follow the wedge. strong resistance at 62-62.8k. i could potentially see a move to the upside since everyone is either completely bearish or completely bullish. markets seems iffy right now. would love to see a pump up to liquidate all the shorts currently stacked at 62k.

honestly not an unreal situation that can happen.btc cant break 70k and if it does i dont think there is enough buyers to hold 70 to go up .

Even though i think btc has topped around the 70k area, i believe we will retest it again.

potential flip double bottom locked in seems like weve hit a double bottom on the daily would could mean a good sign of support but also a good sign that we may start to trend more upwards.