Long

Bitcoin - Are planets aligned part 2 ?

Updated

The precedent forecast has worked like a charm even if I almost lost faith with that bear trap

Inv H&S With left shoulders ~129 days
Head is 84 days (150% is 126 days so kinda harmonic lol)

All that delimited buy touching 200 MA 1H !

there is a downward momentum at the moment on BTC, If we take another 129 days like shown on the graph, from early May, 200MA 1H that I drew will coincide with, the line of the channel we broke 3 days ago AND the bottom of the left shoulders

Basically something more interesting than what's happening now could happen in 2 days

Cheers

Note

We touched the channel line,
what we can see in ~24 hours from now is a new low ~61k8, at the 200MA 1H with a bullish divergence and then it could swing directions

Note

the bullish divergence is here, just a little bit more to touch 200 MA and we go up?

Note

61756 was prob the low of this swing, I will act like this, it missed 200 MA 1H from 50 dollars
so based on this idea we might see green now
as we are not at 129 bars precisely yet, we can also see some sort of retest with a real touch of 200MA, but starting from tonight its going to revisit at least 66666 :D

There's also a big Inv H&S in play more visible on the 4H, so 60k still possible newt week

after that it might be ATH+++++
ill make another post on that when we see 66666

Note

200 MA hit finally after 126 bars !
Let's see what happens now !

Note

Timing was good but not the direction, making this idea partially invalid, lets see how react daily 100MA, the big inv H&S I was talking earlier might be in play (yeah im still bullish)

Investwine

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BTC - Are planets aligned ?

by Investwine

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