Dawnchorus

BTCUSD - Rising Wedge - Re-test 33k-ish

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Dawnchorus 已更新   
COINBASE:BTCUSD   比特币
It looks like we are going to probably go test the bottom of our accumulation area in BTC here. 33k looks like it aligns with this rising wedge break-out that we are getting.

I may be wrong, but it looks like the market makers want to go test our support below here. Buyers, will you step in?

Thanks!
交易开始:
If this idea is correct - it looks like we go up and test the trendline at 38-39k before dropping.
评论:
something to consider is that it did bounce off of the previous downtrend
交易开始:
and there is some confluence for this bearish idea.
交易开始:
tehre you go - quad confluence for upper 32k's to 33ks.
交易开始:
30K looking like a likely destination, too.
交易开始:
oversold bouncing at the previous downtrend - I guess that you could consider this a 618 bounce, too.
交易开始:
Very close to the target. I'd keep the stop very tight from here if you are short.
交易结束:到达目标:
This may be it for this correction - came pretty close to the target.
交易开始:
Certain take profits if you are short. We may still visit lower levels - but this S/R area has confluence with a 4.236, and I think that is solid. This was also the 618 pocket area.
评论:
Pretty good chance that is it for this correction - 34.7k needs to hold, but with this confluence and how well the fibs fit - it looks good to me.
交易结束:到达目标:
Alright, if I were short, I'd be taking even more profit now - the rising wedge has played out. Successful short trade. Anything else from here is bonus.
交易结束:到达目标:
came within about 1% of the original target - I'd of closed my short there. Success!
评论:
getting rejected at downtrend so far.
交易结束:到达目标:
Lol, BTC still following that fib sequence.
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