Breakout of flag / trinagle (accumulation). Retested. Ready to go up. Target anywhere between 1.40 - 1.55. Can't wait to see how this plays out.
Potential wedge forming for BTC. Can see this forming over the next few weeks. Think we continue to trend sideways before breaking out
The pattern I am looking to play out is: - a rise to resistence of the downward trendling, around 53k - followed by a breakout and a retest of the downard trendline - finally move higher off that trendline to test the all time high again
In a wedge on the 4h timeframe. Looking to break higher and move past local high.
Looking for a breakdown and a support around 25k
Looking to see if BTC creates an ascending triangle or if it breaksdown and corrects to 20k. (previous breakout). Keep the stops tight if shorting when it breaksdown.
Lower volume, less volatility. Chances are bitcoin is setting up to break down. Looking to hit the bottom of the trendline around 18,800 Opening up a short with a tight stop loss if it shoots higher above overhead resistance.
I'm watching to see if there is a rally with AUD against USD, then to break if there is a bearish setup. Could break and rally higher and I will change my idea if it breaks out of the daily downward trend.
BTC potential cup and handle forming and then expected breakout
Watching this closly, break above 7k could see a run to 7,800 where it will lilkely hit resistance
Once the struckture breaks, looking to go long or short depending on the break direciton.
Looking for a break above or below the wedge. I will short at 67.5 - down to 67.
My Prediction on what I think will play out over the next few months. Publishing this so I can look back and see how close I was.