Signs point to a Bullish BTC trend.
Updated
Signs point to a Bullish BTC trend.
With the primary correction and consolidation complete, a strong bull flag, RSI breaking 50k on the daily, a completion of wave 4 with a movement to wave 5, and additionally, the squeeze momentum completing its cycle, we are now running with the bulls. Expect to experience resistance and stall out for a bit between 4085 and 4200. After that 4360 is another resistance level and then 4632, where I anticipate a strong consolidation and long squeeze before BTC tests the 5000 mark.
Could all this be wrong?.... Sure, do your own analysis and trade off of that.
Cheers
~Ji
This is not advice.
I don't need to be right or wrong.
I don't care if the market goes up or down.
Make your Own analysis and trade off of that.
If you have positive, constructive criticism and wish to share Please do.
Agreeing or Disagreeing is not personal and is welcomed in a positive way.
This is not a therapy outlet for venting negativity. Go join a boxing club. I like boxing.
Happy trading everyone!!
With the primary correction and consolidation complete, a strong bull flag, RSI breaking 50k on the daily, a completion of wave 4 with a movement to wave 5, and additionally, the squeeze momentum completing its cycle, we are now running with the bulls. Expect to experience resistance and stall out for a bit between 4085 and 4200. After that 4360 is another resistance level and then 4632, where I anticipate a strong consolidation and long squeeze before BTC tests the 5000 mark.
Could all this be wrong?.... Sure, do your own analysis and trade off of that.
Cheers
~Ji
This is not advice.
I don't need to be right or wrong.
I don't care if the market goes up or down.
Make your Own analysis and trade off of that.
If you have positive, constructive criticism and wish to share Please do.
Agreeing or Disagreeing is not personal and is welcomed in a positive way.
This is not a therapy outlet for venting negativity. Go join a boxing club. I like boxing.
Happy trading everyone!!
Trade active
MacD just flipped to the positive. We're breaking the 4200 resistance level now. Aww yeaa.Double down.
Ji.
Note
I am no longer seeing 4632 and as a major resistance level. We are set to retest 5000.
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