Bitcoin 24hr potterbox updated box. Bitcoin continues to grind up, but it is going up. it has crossed over the 50 percent line or cost basis. 96,028.38 ish according to the parameters of the box . If Bitcoin stays above this line it will continue to go up. I wouldn't call this empty space due to all the stuff to the left of the box but when it hits empty space it tends to move faster. you can look at shorter time frames to really find where its going. the 4hr time frame is a good one to use. Happy trading.
To start of i just want to say the blue chart lines were drawn right before it went rallying up to almost $99,000, where my idea was that it was anyways going to reach that order block before either choosing to rocket up or down wich it did perfectly according my perdiction. Then i made one chart line to for the rocket up, because the prise should be consolidating before chosing which path. And as of now i think it is going to retest the OB level againg before shorting down to the FVG it created on the rally, and we see that prices as of now are in a premium for shorting. And on the daily we are in an uptrend while the 4H right NOW is looking to try and close above $98,290 for it to BOS into an uptrend, and if so it really is looking like it want to test the OB again. Also looking at the MACD, the buys are getting weaker and weaker, just a small building block to add to the equation. Ideal entry will in my opinion be when we see a BOS to the downside after claiming the liquidity above the rally high ($98,867) and a TP on $97,000 based on the OB marked red circle, for it to then consolidate a for some good hours then drop down in price a fair bit. But how much it will drop then is not in this idea. Thanks for reading! Please tell me what you think as it helps me learn alot.
Arbitrum looks like it has probably founded the lowest depth of the right shoulder of it’s inverse head and shoulders here as it has now broken upward from this purple bullflag here and is now back above the 1 day 50ma(in orange). The breakout target of this flag will take price action above the neckline of the inverse head and shoulders pattern if it hit its full breakout target. We can also see that the bearish h&s that we were under the neckline of for several daily candle closes never progressed into getting validated as is often the case with bearish patterns in this phase of the bull market. I suppose there’s still a chance we could head bck under that light colored tannish neckline again but probability favor the upside at this point. *not financial advice*
phala has more potential upside. if this is the bottom and we look at the extended fib levels it could go to over a dollar. but always take some profits a certain levels just in case. and also put you stopploss to break even at TP1 and leave some position open.
Price is currently near major daily resistance zone of 98K$ to 100K$ and also 0.5 Fibonacci retracement level is at 100K$. Soon we are lookin for next phase dump and it would start as soon as possible and this time both supports which are 93K$ and 90K$ will break and price will see massive correction to the downside and the next phase pump may start from 80K$ or 73K$. DISCLAIMER: ((trade based on your own decision))
We are looking for dump as soon as possible here and price is currently near 0.61 Fibonacci level and the correction and fall next phase can start now or later from these resistances here and heavy sell pressure which will once again start. DISCLAIMER: ((trade based on your own decision))
As we can see price is near major daily resistance zone and daily red trendline and soon sell pressure and support on JPY will dump the price hard and we are looking for another fall like other red arrows on chart. DISCLAIMER: ((trade based on your own decision))
I hope this idea I gave you is useful. The trend is very bullish. I'm waiting for an explosion. Whales always take big bites.
BTC price action is bullish. We can see a bullish flag on THE 90 minute chart. This trade will be more lucrative if the bullish flag is retested at 97722, then 100K will be the next stop.
2025 looks optimistic for Ether, Now the distribution phase is underway. Therefore, both long and liquidity withdrawal from 4107 are possible. So far, we have found support in the daily inefficiency of bisi. There is also inefficiency on the weekly chart, which for me is for a price reduction for filling, where I will take longs 2,700 - 3,000