Thoughtrobot

Thoughtrobot Updated  Aug 15, 2021

After recent sell-off, Bitcoin looks to have found support at the 50 MA and a new uptrend looks like it's about to begin with a formation of an inside bar on the 4hr chart. It's not yet confirmed since the candle is still yet to close. If it does closes as an inside bar, I would be going LONG. INSIDE BARS: Inside bars show a period of consolidation in a market. A...

Thoughtrobot Aug 9, 2021

A double top might forming on the 4HR CHART, a bearish flag. it's not yet confirmed. since there's still time left for the candle to form. so be careful if you are planning to long it.

Thoughtrobot Aug 2, 2021

Wyckoff Accumulation, Price garnering momentum to the upside.