Long

BTC can break the downtrend resistance

Updated

BTC retested the neckline of a double bottom , it has bullish divergence on 4h. Everything looks perfect for a long. Supports 9150-9200-9230. First resistance to break is 9250.

Remember that 8700-9k has been a reload zone for whales.

If we break the downtrend resistance, 9600-9700 might be in play. If we continue and break 9600, 9800-10k is possible. Let's go!!

Note

View of the supposed bull flag on 4h. On daily we might have a hammer today. I hope bulls can manage to print it, if we lose 9100 or 9050 we can still look for a long near the area if there is a big bounce.

Note

BTC breaking out of a symmetrical triangle. Approaching first target of this idea: 9450

Note

Target 1 9450 done.
Currently 9580 is very important for me, i think if we break 9580 with good volume we can directly go to 9976 approximately.

Note

First resistance 9700 hit. Next is 9970

Note

BTC target 9970 and 10.2 hit. Next target and final will be 10.5. Btc will probably break 10.5 and go to 11.8 i have another weekly idea posted

Trade closed: target reached

All targets achieved. Continuation:

kyuma

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