MaxFINEancial

$BTC Bullish Or Bearish!?
1Hr & 4Hr Charts
Price action is above the yellow 1hr 200MA in the 1st picture.
In the pink megaphone projection preparing for wave 5. Potentially up to $72,257 by Wednesday April 8th?
That orange ascending triangle can sometimes indicate a reversal to the upside.
In the second picture we can see the yellow 4hr 200MA, near the upside target of the orange ascending triangle at $69,092.
Don't forget the potential top of wave 5 in the large blue bearflag. That could be near $77,926.
If the bearflag breaks to the upside it's actually an Adam and Eve double bottom with a p

$BTC Orange Ascending Triangle Expansion?! 👀
$BTC breaks to the upside and smashes the next upside target perfectly of $67,802.
Just busy with Easter festivities but the orange ascending triangle.
Price action fell back into the pattern. 👀
More sideways action or breakout!?
NFA, DYOR ⚠️
#Crypto #Trading #BTC

$BTC Weekend Games
Fake out to the upside and then a breakdown to the downside.
The larger timeframes require more patience.
Patience is why most people lose.
People lack it...
Remember it's a long weekend and liquidity is low. This is prime environment for market makers and whales to play games.
Now we know the bullish and bearish side of the chart.
I would be more bearish at the moment.
I see a potential bearish restest of the orange ascending triangle and the yellow 1min 200MA.
NFA, DYOR ⚠️
#Crypto #Trading #BTC

Let's go make some X's!
Caution trading on weekends especially long weekends.
The market makers love playing games in low liquidity environments.
Know your system and work the plan...

$BTC Adam & Eve Double Bottom Target Hit Perfectly! 👍
Lets go get those next targets.

The bulls will want to hold the local double bottom.
Remember double bottoms basically programmed into the algorithm. 👍

$BTC Blue Adam And Eve Double Bottom
Nice entry pattern in the retest here.
This is pretty much a textbook entry when price is back over the 1min 200MA.
The retest of orange ascending triangle breakout.
Target $67,529, $68,578, and $72,257 is possible.
NFA, DYOR ⚠️
#Crypto #Trading #BTC

$BTC Attempting Restest Of The Pattern And The 1min 200MA
A bounce from here would be a great entry signal.
Keeping in mind that this could easily still go both ways.
Use the 1min 200MA here as the entry and exit signal for this breakout.
NFA, DYOR ⚠️
#Crypto #Trading #BTC

Going up!?
Who took the trade?

$BTC Green Double Bottom
Feeling Bullish?
Remember there's always two sides to a chart.
The green W aka double bottom reversal formation could provide the reversal here in the bottom of wave 4.
If the double bottoms trigger line at $68,860 is broken to the upside.
The target of $72,257 is activated.
NFA, DYOR ⚠️
#Crypto #Trading #BTC

$BTC Breakout Bullish Restest!? 👀
Now Im hunting this retest and breakout in the 1 min.
I opened the long on the initial retest. There will likely be another retest if this gets the quick push up.
Watching for resistance and support here.
Target $67,802
NFA, DYOR ⚠️
#Crypto #Trading #BTC

Price action is back battling the breakout of the pattern.
The candle closes in the 1 and 2 hr timeframes in 18 min.

$68,587 is the upside target. 👀
Watch and wait for the confirmations I talked about in my previous post. 👍

$BTC Update 👀
The orange ascending triangle nearing the end of consolidation.
Note price action is above the 1hr 200MA. This is possibly a good signal for the bulls.
Wait for the breakout or the breakdown.
Patience...
NFA, DYOR ⚠️
#Crypto #Trading #BTC

New Ascending Triangle Formation 👀

$BTC Moving Average Alpha ⚠️
See how all the moving averages gather tightly with price action!?
This indicates a decision is nearing.
Below the 1hr and 4hr 200MA's is bearish. If price can breakout above these and flip them as support I would flip bullish.
NFA, DYOR ⚠️
#Crypto #Trading #BTC

$BTC QUICK Look 👀
Caught support on the blue trendline, which is the much larger pattern in play.
The pink bearflag is in broadening rising wedge, which is a patterning that breaks to the downside 68% of the time.
The 1 hour 200 MA is chasing price action down.
This is usually not a good sign for the bulls.
If price action cannot get back over the yellow 1hr 200MA, price action will continue to fall to the downside.
NFA, DYOR ⚠️
#Crypto #Trading #BTC

$BTC Troubles!? ⚠️
See price action trying to catch support on that blue trendline.
A breakdown below that blue trendline and we are opening the door to $34,691 and $27,708.
Watching this development as closely as I can.
Im just driving to work.
NFA, DYOR ⚠️
#Crypto #Trading #BTC

Anyone else hit that short entry signal!?

Watching the 1min 200MA for a potential bearish retest to begin the breakdown. 👀