BTC Surprise coming up! No one's watching this.
Updated
Firstly guys please support me by hitting a like to my posts, comment what you think could happen, I might be wrong and I always accept if am wrong. My ideas are completely based on TA, Price momentum, Fractals, Historical data etc. NO BIAS.
I have already shared a long term Daily chart and a short term 15 min chart. Now I am posting this 4 hour chart for you all.This is a BTC 4 HOUR Chart, One close look at the chart and you’ll get the whole story crystal clear in front of you. Last time we had the same fractal and the RSI showed extremely bullish diversion and we had a surprise rally from 7271 to 10,540 which is a massive $3269 jump or a 44% JUMP! No one expected this that quick. We can look the same fractal working at the moment, with the same bullish divergence in RSI data indicates that another move is imminent and we can go as high as 112K and if we get a jump from here for 40% we can go as high as 9380 in the first wave, we retest the upper trendline and rally again above 10k. Do not forget that we are also under a GIANT FALLING WEDGE which is a bullish pattern. 9 out of 10 patterns like this end up breaking upwards.
In a nutshell there’s nothing much to worry, we might have some turbulence in our way but eventually a massive rally is brewing and we will be making the most out of it.
Do follow, like comment and share this idea with your friends.
I have already shared a long term Daily chart and a short term 15 min chart. Now I am posting this 4 hour chart for you all.This is a BTC 4 HOUR Chart, One close look at the chart and you’ll get the whole story crystal clear in front of you. Last time we had the same fractal and the RSI showed extremely bullish diversion and we had a surprise rally from 7271 to 10,540 which is a massive $3269 jump or a 44% JUMP! No one expected this that quick. We can look the same fractal working at the moment, with the same bullish divergence in RSI data indicates that another move is imminent and we can go as high as 112K and if we get a jump from here for 40% we can go as high as 9380 in the first wave, we retest the upper trendline and rally again above 10k. Do not forget that we are also under a GIANT FALLING WEDGE which is a bullish pattern. 9 out of 10 patterns like this end up breaking upwards.
In a nutshell there’s nothing much to worry, we might have some turbulence in our way but eventually a massive rally is brewing and we will be making the most out of it.
Do follow, like comment and share this idea with your friends.
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As said in this update, we’re going as planned. All we need is a break above $7800. First local resistance 7400 broken.How’s the Accuracy? If you like my charts and don’t want to loose money then follow me. Please share your views and pints so that I can learn from them.
Cheers .
Note
Momentum shifted to sideways action. It wasn't expected, I am still holding my long positions in with an average entry around 6572, My SL is around 6833.I am waiting for the breakout above 7800 though. Fingers crossed :)
Note
More sideways action. 8K seems relatively coming soon.Note
Exactly on track, reached around 8k, all we need is a breakout and retracement of the yellow resistance line.Note
Reached 8400 earlier if we can break above $8200 again. $8870 is the next Target.
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