Two Possible Scenario for BTC in my Opinion!
Updated
1. Triple top shows sign of reversal and lower prices after an uptrend
2.Fib Retracement indicates major resistance at 78% & 61%,
If we break we could see moon shots!
3. Breaking those Fib Levels would also confirm a nice cup of coffee that would send BTC to new highs!
That Cup & Handle can make history but before that, we got to break those resistance level and cancel that triple top !
Let me know what you think!
2.Fib Retracement indicates major resistance at 78% & 61%,
If we break we could see moon shots!
3. Breaking those Fib Levels would also confirm a nice cup of coffee that would send BTC to new highs!
That Cup & Handle can make history but before that, we got to break those resistance level and cancel that triple top !
Let me know what you think!
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Enjoy your coffee my fellow investors!Make sure you don't spill any, BTC is shaking the room
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We have now broke the 78% Fib Congrats on those who followed me !
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Here's the big picture on a 1D chart which looks very bullish in my point of view!An Inverted Bat/Butterfly harmonic pattern is still possible but I doubt that we will double top with this type of volume and the current crypto space that we're in!
We could see price go as high as 80K if we continue the way we are right now!
Buckle up
Trade closed: target reached
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Congrats to everyone that followed the IdeaComment
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Rising Wedge is forming & We are facing resistance at the R3 Pivot.I see a pullback coming this week and alts will follow,
The retracement is healthy and necessary amid the recent push since last Saturday.
The pullback might be an opportunity to get in on some good projects for the long run.
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