Bitcoin - Watch Out For The Famous Bart Move
The big move is right around the corner.
This is Bitcoin!!!
This may breakout to the upside or downside. Price may even choose to go sideways.
Only trade the breakouts to be safe and not be sorry. Wait for confirmation of price direction prior to putting in your trade.
Remember to always, always place your stop loss at the appropriate levels immediately after you have put in your long/short position so as not to get wrecked with your trades.
>>>>> Always be prepared for either scenario of upwards movement, downwards movement, or sometimes even sideways movement (consolidation phase & sometimes even extended consolidation phases). <<<<<
Constructive and positive comments are welcome. Be courteous.
Consider leaving a like after viewing my post, and click on Follow to receive my latest and updated posts.
More Power To All Your Trades,
Ron (The Intrepid Trader)
The big move is right around the corner.
This is Bitcoin!!!
This may breakout to the upside or downside. Price may even choose to go sideways.
Only trade the breakouts to be safe and not be sorry. Wait for confirmation of price direction prior to putting in your trade.
Remember to always, always place your stop loss at the appropriate levels immediately after you have put in your long/short position so as not to get wrecked with your trades.
>>>>> Always be prepared for either scenario of upwards movement, downwards movement, or sometimes even sideways movement (consolidation phase & sometimes even extended consolidation phases). <<<<<
Constructive and positive comments are welcome. Be courteous.
Consider leaving a like after viewing my post, and click on Follow to receive my latest and updated posts.
More Power To All Your Trades,
Ron (The Intrepid Trader)
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If the 120D EMA holds, the bull flag will be fulfilled, otherwise Bart will be wearing his Hawaiian Shorts.
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Descending Triangle forming on the 4Hour chart, with at least 3 touches now, 4th may break the green support line. Price is now well below the 21EMA and may be headed for the 55EMA.
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At the brink here, price may push further down or push through the resistance of the descending trend line.
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Potential Targets on the Fib Levels.
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Fibonacci Extension Tool adjusted to swing low to swing high. Targets adjusted.
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This Bart Move may just play out, bearish signals on this chart.
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This Stoch RSI Is Just Itching To Pop Upwards!!!
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