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Btc10k

CME gaps are fun...After having troubles with RL issues, I am coming back to give market updates <3 * I'm still not fully bullish, but yes it is more logical to focus on bull moves and not shorting atm (Don't go against the trend, the trend doesn't seem to weaken). - Don't FOMO in! trade carefully... these gaps are psychological play zone, more likely to retrace a bit (Hopefully to close the lowest gap before next move up, still more likely to close the current gap)... - Going below 10k and surpressing it again means we can start bull run from my perspective. - Final confirmation for me for a full bull run would be OBV rise above 9700 price on some major exchanges such as: CME, Bitmex, Binance, Coinbase...
CME:BTC1!
by Hedgehog_king
BTC falling wedge target 10kBtc seems to be making a huge falling wedge that has inside 2 more falling wedges, and it will possible form a 3rd one. We are currently at 2nd falling wedge with target of $7090 and very likely $7700/$7800 then down again to go to$4900/$5200 bottom of the Huge falling wedge formed since January There is also a consistence of dates and the amount of time for uptrend about 27 days Regarding current situation we can expect 2 scenarios 1) pum $ 6440 lvl (downtrend resistance of current small falling wedge) back down to about 5950 then up to target 7090 and 7700/7800 2) Or direct breakout of the structure to $ 6.800 looking at indicators i believe scenario one more likely, also most of the falling wedges breakout after a double bottom and we have only made one at $5800 I marked the number of touches of the price hitting the downtrend line of the wedge and they usually fail to breakout 3 times and this pump to 6400 should be the 3rd try. also notice there was a daily bullish divergence at first wedge just like the one we have now If this idea gets invalidated i will update.
BITFINEX:BTCUSDLong
by bitcoinwizard1
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