Everyone has lately been confused on which direction Bitcoin is headed.
Ever wonder why so many people claimed BTC would hit $3k?
Also wonder why we never hit that level?
Examining the fundamentals behind BTC shows us that we do not have the type of momentum needed to sustain uptrend. We did however, break out of the daily and weekly descending wedge. A trap? Or actual price action?
What happens next I believe will shock the world to the core. I believe we will go up and kiss the
12K resistance. As in, kiss it's a** goodbye. As in, a good few if not all of my buy targets will be hit once we fall like a lead-weighted brick with fatboy syndrome.
There is a reason so many people a few months ago were calling levels such as $3k. I suspect soon, we will find out why. This should be the final push by the bears, then off we go for the most historic Financial bull-run in the history of mankind.
Good luck and happy trading!
trends.google.com/trends/explore?date=now 7-d&q=bitcoin
Ever wonder why so many people claimed BTC would hit $3k?
Also wonder why we never hit that level?
Examining the fundamentals behind BTC shows us that we do not have the type of momentum needed to sustain uptrend. We did however, break out of the daily and weekly descending wedge. A trap? Or actual price action?
What happens next I believe will shock the world to the core. I believe we will go up and kiss the
12K resistance. As in, kiss it's a** goodbye. As in, a good few if not all of my buy targets will be hit once we fall like a lead-weighted brick with fatboy syndrome.There is a reason so many people a few months ago were calling levels such as $3k. I suspect soon, we will find out why. This should be the final push by the bears, then off we go for the most historic Financial bull-run in the history of mankind.
Good luck and happy trading!
trends.google.com/trends/explore?date=now 7-d&q=bitcoin
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Bullish Divergence is still in play.I do believe we should see some upside here shortly.
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I should add - the 2 blue lines you see, are rising support lines. This along with the regular Bullish Divergence signifies we should see more upside.Note
The 20, 50, and 200 day moving averages are converging on the 15M.What happens next by my amateur opinion, should be pretty explosive.
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I am going to be live-streaming live, FREE TA to anyone that would like to join. PM me for the link as I cannot disclose it here.Note
As I posted earlier, we have a LOT of rising support in the area of the bottom of the wedge. I suspect there is still more upside to go.
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Sell signal for me personallyOnly if we break $9,270.
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CORRECTIONAfter doing some TA, I noticed we could be forming an Inverse head and shoulders. IF that is the case, $9,100 is the sell area.
DO NOT be afraid if you see a sudden movement down.
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Please keep in mind. $9,100 sell area is only valid if we go down to that area WITH MOMENTUM. I will have alerts set for this, so I can instantly update this idea in the event we break from creating the Right shoulder.Stay tuned
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Remember.If you have any questions at all, are new to trading, would like a coin TA'd, please PM me and I will give you the link the my live stream.
Will update this once I see anything more of interest.
FAIR WARNING, we could temporarily drop here to complete the inverse H&S. DO NOT panic unless you see BTC suddenly BRICK through $9,100 or $9,050 or so.
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HIDDEN BULLISH DIVERGENCE SPOTTED!!!!!!!!Note
My idea from earlier may play out. If it does...
To the boom boom room
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HELLA strong Bullish Divergence friends!!!I am still live-streaming on Twitch, if you'd like to stop by PM me.
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That moment when you realize, you have the EXACT same count as the #1 rated trader for BTC. looooooooooooooooooool
Okay, this just made my night. xD
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People I can't be bothered to post the chart, but there is MASSIVE hidden bullish divergence over the longer timeframes.I suspect a giant green dildo, aka what is in my chart, is coming.
Be prepared.
Have a plan.
Fail to plan, plan to fail.
Happy long'ing!
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It's only right that I share this information.MASSIVE Hidden Bullish Divergence.
Lower/Same RSI, higher low in price.
$11.5k is looking pretttttttttttttttty tasty.
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Extreme hidden Bullish Divergence on the 15Note
UPDATE
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If we break the above 2 resistances with high RSI and high volume, this is a buy opportunity. Possibly one of your last good chances.
Remember. We need A LOT of momentum. I believe getting above these 2 resistances should get what we need going.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.