tyler_sim
@t_tyler_sim
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tyler_sim
Looks like we have a pretty clear decision made on this channel, as we're starting to break out above it. Great long on any pullbacks going fwd.
tyler_sim
Nice clean sideways movement right under the same resistance line of the last few months. Could see a return to momentum on a break above this line around 189.
tyler_sim
Seeing a very well-defined Head and Shoulders topping pattern on BTC now. The 200 SMA is also rolling over now in combination with a clear head and shoulders, making this a very bearish setup. You'll be hard-pressed to find a H&S pattern this well-defined in recent years for BTC. Totally coincides with the top in the indices I noted recently. Given the y-axis on the chart, I wouldn't be shocked if BTC lost 2/3rds of its valuation over the next few months/quarters. This is a season for protecting gains, not making new ones.Opinion only, not financial advice.
tyler_sim
Seeing a very clean Head and Shoulders pattern on ETH here. Risk/Reward for a short is favorable at these levels. Thinking this could lead to quite a plunge below the 200 day moving average in pink, before possibly turning back up for another move down the road... Just highlighting possibilities/probabilities. *Not financial advice - Opinion only*
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