BensBitcoinINC
bearish diamond forming lets see what happens.
Got support at the 4hr 200 VPVR POC and centerline of the triangle it broke out of let's see if it holds .Hopefully we stay below 9200 before CME opens so we can fill the gap to the upside.4HR bearish cross of the MACD about to happen tho.
Trends still perfect weekly.sell and buys ..BTC not ready yet .. Follow for more long term plays.
right now headed to a lot of support 6800-7500 fib retracement and fib extension from 200-20000. The last sell-off before breaking out of this huge triangle targets by end of year 40-60k then retest 20k as support mid next year. Then ATH 2022-2023 target $240k
not yet most likely pull back to 8 k and if 8 k is broken 7500 target . then 6800 then 4200 .but in totality still in this huge triangle so trade it stack those SATS so you can chill when 10500 is broken I'm DCAing a long long fuck the short term just get ready for the biggest wealth transfer in history.
You can see here that a trend line starting in 2013 is still relevant .This is true in all markets even the dow jones .you can pull trend lines on ant time frame and forum patterns in the future.
pull the trend lines from years ago still valid .past trends great future patterns .simple people.
break out of triangle .measured move has been met at 10k
if the weekly candle closes above 10100 targets is 30-40k .if we close below 10k target is 5200 .there is bearish divergence on RSI MACD STOC .so 5200 more likely. historically we see a dump on the halving so that's what I'm seeing .ether ways long term looking amazing .
If we continue the trend IDk loos good to me
Some fractals and TA on Boeing
based off other china new years and the top of the %40 wick 10300 is a good level to watch. right now 14% up and i am expecting 25% every thing lines up to that nice .
Broke out of channel since $13800 with a retest last week.ride sideways or retest the legacy trend line would be totally healthy .
just something i noticed though i would share since we just broke a pattern with the 10sma 21ema crossing the 50sma that has always played out .BTC shaking people out still.
Not bullish or bearish till 10500 break or 9800 siting neutral. Still a overall bullish market with no break of structure just wild bitcoin hurting peoples feelings and sheep-ale following them .
Every time in the past this happens in the past we see 100-160% moves over the course of a few months .first measured move is 13k then 18k