BTC broke up only to bull trap and drop all the way down to my giant support zone. We perhaps will see some retracement from this zone, but of course, we are overall bear.
As predicted from the last idea we saw some terms of consolidation/retracement. It seemed not only did we retrace but broke into a potential zone that could push us higher although as I preach the easiest/first move is usually the fake one. We bounced at one of the biggest zones at .211 and broke the major trendline and smaller fibs to trap buyers. Once all the...
Dogecoin was following suit with excellence until we had some tweets from Elon Musk. It is a great thing to remember that news like that does not reverse the move but just prolongs/shortens the original one. We are back at the crucial .211 zone looking for a hefty break. We might see some terms of consolidation/retracement soon, but as always we are overall bear...
It seems we have respected all of the zones charted with perfection and precision. If you read my previous idea's we can see that the small retracement/consolidation was evident. We perhaps will see some consolidation/retracement in the future, however, due to the current analysis we are bear until we break the proper zones.
If breakage occurs it is a short, my last post goes into detail on the reasoning.
We might see some terms of consolidation/retracement but overall we were bearish. We also just initiated a continuation of a said bear move with this breakout, time will tell. As you can see, the price broke back into the wedge and melted below my first fib zone, it retested then dropped a cent in 15 minutes. We are dropping very fast and overextending on some...
We find ourselves in a current consolidation area between the previous two consolidation zones. All of my indicators are squeezing while the price stays at a standstill, we are prompt for a big move soon. -THE TRADERS TRIBE.