Update on an earlier chart showing a new possible path to 38.5k for BTC in the coming hours. Noticing quite a bit of cross over around the 3-5 UTC mark which is highlighted, will this be the larger part of some action downwards?
Even with a strong bar breaks 2 ice lines and the trendline, we see BTC still below previous AR top. BTW, the volume is not enough comparing to those crashes in 5/19 5/24 6/8 Watch out for the upper shadow. Maybe a backtract ?
Ok we have a triangle and bitcoin is moving down to reack one of the resistance lines, so go for short with two targets and the sl should be above the previous peak
Golden pocket with confluence with mPOC
Wait for daily and 4h Close under the red trendline (under of the TRIANGLE) this maybe last bitcoin drops, be careful traders this is ACUTE time for BTC and all of Altcoins...
Since the volume is shinking, the chance of breaking the downward trend line is getting smaller, we could expect a correction of this wave, if this wave fails to go up, it should go bellow 34k
It seems after triying to test 38.4K, start dragging the bottom line of the triangle pattern. Volume is low and it is very squeezed inside the trend lines, also made two false break outs, mostly downside. What do you think?
hopefully its the bears.
Bullish divergences in the Daily chart, 43.3K is located the Golden pocket + 50 daily EMA
What out the Quasimodo zone & a probable divergence on Normal MacD, could lead us to 34k and 33K shortly.
VIEW AND DETERMINE MY FRIENDS XIXIXIXIX. :v
Triple touches on the trendline. 15M candle touching 100 EMA. Short happening now.