BTC-HONDA

BTC-HONDA

BTC: My views have not changed and I am still extremely bullish to 90k-100k On the monthly chart, we have been consolidating for months on declining volume. It looks like a symmetrical triangle getting read for 90k-100k This pattern looks very good and falls within our break out time frame range in the coming weeks/months All we've been doing is grinding side...

BTC-HONDA Updated 

We were watching a falling wedge on declining volume and anticipating a move to 66.5k. We got the breakout, had a nice spike in buy volume, made a uptrend high, and got to 65k. It was looking really good actually until it got rug pulled. This invalidated the setup and I don't see a new setup atm. I've been watching all this as a massive consolidation for...

BTC-HONDA

No change from my last update. Weekend was boring but the falling wedge consolidation has been tightening really nicely on declining volume. I am still looking for 66.5k from this setup when it breakout today or tomorrow. I will re-evaluate on a failure to the downisde

BTC-HONDA

The last update I mentioned a minor consolidation I was anticipating to break up. It broke down and took us towards the 62k level. However, It seems like this breakdown is forming a new falling wedge pattern on declining volume for the weekend. I expect it to be relatively boring with a little more downside before we bounce back to 66.5k

BTC-HONDA

We are consolidating around the bottom of this patterns bottom trend line. Seems like we are getting support for a bounce soon back towards the top of the pattern. Nothing has changed for me on the big picture. I am still looking for 90k over the coming months

BTC-HONDA

The rising wedge on BTC broke down on a spike in sell volume and has hit very close to our target(63k) at 63.5k. We can still go a little lower but most of this move has played out and I am going to start looking for the next consolidation

BTC-HONDA

The falling wedge from the previous update has been playing out but at a weak pace. It's been taking longer than anticipated. The sell off we got right before the breakout took a lot of steam from the move and made 25.k a difficult level to beat. We've gotten pretty close to the low end of the target(67.7k) now but we seem to be making a new consolidation on the...

BTC-HONDA

No change from last update. I am still watching BTC in a falling wedge on declining volume looking to rebound back to 67.7k and up to 69k possible. The sell off we were expecting was slightly deeper than anticipated but it hasn't invalidated the structure. We are currently making a minor consolidation at the bottom of the pattern on declining volume. I think we...

BTC-HONDA

I haven't changed my opinion much and am expecting us to recover from here up to 67.k or up to 69k from this falling wedge on declining volume.

BTC-HONDA

BTC is in a massive symmetrical triangle looking to continue to 90k this year for the Halvening. We have really nice declining volume within the pattern and the target should be 90k. The time frame can be from a few weeks to a month or a little more. Theres a couple other scenarios that can play out before the break out, but this is where I am leaning for the time...

BTC-HONDA Updated 

BTC is playing out from the last consolidation we discussed. This price action makes me extremely bullish for 90k in the coming month or two. It confirms the macro triangle(White) for continuation to higher prices. we can still go to the lower 60k region from here but most of the move is playing out. I will be looking for the next setup which will most likely be...

BTC-HONDA

No change. we have coiled up really tightly on declining volume and are about to make a move. Most likely in the next couple of days but no later than Tuesday If this pattern(Red) breaks up, I will look for 75k and it will invalidate our macro pattern(Dark blue). A breakdown will take us to 65k. I am anticipating it to break down. My short term bearish bias is...

BTC-HONDA

If we get a nice rejection here to the low 60k region, or continue to respect this upper trend line, I'm going to suspect that we've been forming a larger continuation pattern for the past few weeks and are gearing up for the Halvening in April. We have nice declining volume on the weekly/daily so far as a continuation pattern. This would line up with the break...

BTC-HONDA

BTC looks like it is in a consolidation on low declining volume about to make a move. I am personally bias toward the break up which would take us to 39k-40k. If we fail, We can revisit 30k before getting relief.

BTC-HONDA

BTC has broken from its symmetrical triangle and is starting to tap our targets. We can still touch 31k before selling off but I'm unsure if we will will get it. Today CPI will be released which I am expecting to be a bearish catalyst. Most likely drag the Stock market down and bring BTC with it

BTC-HONDA Updated 

BTC price action has been extremely boring lately as we consolidate for the next move. We are in a symmetrical triangle on declining volume getting really close to making a move. THe pattern are normally continuations so I will be looking for the bullish target at 30-31k. IF THIS PATTERN FAILS, I will start looking for 25k. But I will wait until invalidation to...

BTC-HONDA Updated 

BTC is in a tight consolidation on declining volume about to make a break out. It looks like a continuation pattern(Symmetrical triangle)that will push us to 30k on a spike in volume. If this pattern fails, 24-25k retest is what I would look for. This move will Most be likely influenced by the stock markets next move. I am bullish until invalidation

BTC-HONDA

The SPY looks like its in a rising wedge on declining volume getting ready to break down to 383. If this setup fails and breaks up, we can see 415 to 422 again. But I am bearish until invalidation. If this can hang sideways in the pattern a bit longer before breaking down,BTC can keep breathing and see the 29k area before selling off from the strong resistance near 30k