BitcoinLong
$BTC Bitcoin - 3 rising valleys to break the dam
2 higher lows so far off our Bullish Cypher, giving argument to a 3 rising valleys pattern / ascending triangle.
We still have that 24k target for the Bearish Butterfly extension which is confluent with the 1.618 extension of the first impulse up from the lows.
A common retrace here between the .382 and .618 is also confluent with this level and the .618 is confluent with the ascending triangle measured move.
Real nice rising 3 methods pattern, OBV has flipped bullish, you can see extreme volume signatures on the RSI (yellow blocks) with volatility beginning to expand with the ADX beginning to flip bullish.
Currently holding momentum and testing the top side of the MFI.
These are some great arguments for a continued move here.
Irregardless of the patterns otherwise, 3 higher lows is classic accumulation and the last 2 of those lows also makes up a massive double bottom with an upside target around 25k (also confluent with all of our other targets)
Still holding my long from the PCZ of the Bullish cypher outlined in previous charts.
We still have that 24k target for the Bearish Butterfly extension which is confluent with the 1.618 extension of the first impulse up from the lows.
A common retrace here between the .382 and .618 is also confluent with this level and the .618 is confluent with the ascending triangle measured move.
Real nice rising 3 methods pattern, OBV has flipped bullish, you can see extreme volume signatures on the RSI (yellow blocks) with volatility beginning to expand with the ADX beginning to flip bullish.
Currently holding momentum and testing the top side of the MFI.
These are some great arguments for a continued move here.
Irregardless of the patterns otherwise, 3 higher lows is classic accumulation and the last 2 of those lows also makes up a massive double bottom with an upside target around 25k (also confluent with all of our other targets)
Still holding my long from the PCZ of the Bullish cypher outlined in previous charts.
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