WazirX Whuh?This daily chart for WazirX has me howling for the moon!
WRX is a coin I've been accumulating for about a year. I think it has the potential to be the BNB of India and I've been stacking ever since I had that realization.
Now this long shot looks like a potential moon shot!
Owhooooo!
Akamerthewerewolf
Bitcoin Breakout Imminent?!Looking at this daily chart it seems like Bitcoin is consolidating inside a potential rising wedge.
I'll be waiting in the bushes to see if we break this structure to the upside or downside.
My whiskers are telling me we are still in a bullish trend, so I think a break up is more likely.
If we do break up then we will enter a critical zone.
For me, a rejection at around $70,000 would mean the bullish Cypher is in play, and I would be looking for Bitcoin to hit the D at roughly $38,600.
If we get above $70,000 and establish support on top of the green channel then we could be going to the moon around $94,000.
Owhooooo!
Bitcoin Bullish Momentum?Looking at this 1hr chart and I'm howling for the moon!
It seems that Bitcoin has broken through the top of the upwards rising channel and that resistance is now flipping to support.
The current consolidation appears to be forming a pennant, so I'll be waiting in the bushes to see if Bitcoin breaks up or down out of the structure. The measured move target of a break up would be around $67,000 and for a break down we could potentially touch the bottom of the channel at around $55,000.
On this daily chart I see a break up out of a bull flag that gives us a measured move target of almost $80,000.
I also see a potential bullish Cypher harmonic. If we break downwards anywhere between the 1.272 and the 1.414 of the XA leg (C) then I would consider the Cypher a strong possibility. I'll be looking for a move down in this range, roughly somewhere between $65,900 and $70100. A correction down to about $38,500 would make a valid bullish Cypher. For me, this would be healthy!
One thing is for sure, it's gonna be a wild ride!
Howl at me! Owhoooo!
Bitcoin Crossroads!Hold onto your corns!
It seems that Bitcoin is at a crossroads, and I might be running for the hills with my tail between my legs!
The green upwards channel has been the fuel for the bull trend. If the bullish Cypher Harmonic plays out then maybe we can get back into the channel and test the ATH as resistance.
This daily chart shows an upper target if the bullish pennant breaks upwards, and also the target for D of the potential bullish Bat Harmonic. If the Bat becomes a Crab then the D could be as low as $13,000.
