BrianCisco

BrianCisco Updated 

still a little bit of time until the halving event in March 2024. Historical bottoms appear to come in doubles. The market hasn't made that confirmation and potentially could, because of very little volume of trading activity is light within the Red lines where the frowning face is located. Since the MACD is just now reaching Positive on the weekly will we see...

BrianCisco

If there is a consolidation here expect GETTEX:48K Pre-Halving sell off, If no sell of now, then the 1.618 is the target and possibly seeing a distribution event at that point, and possibly 32% retrace back to the 68k area. from there the next stop will be the 2.618 fib which is the at $154k yielding 123% gains from 68k. a possible sell off expected... let's see...

BrianCisco

Hidden Bullish Divergence on the BTC.D appearing within an ascending triangle. This could be the impulse needed to break upward within the pattern, and through the top!

BrianCisco Updated 

(I) would expect a pullback around 6600 if my lines are accurately predicting the parabolic increase up to the black resistance line from last year, right before the bubble. Levels to cost average buy are 5200, 4600, and finally 3500; but I'd have to look a little longer to confirm those levels.

BrianCisco Updated 

Inverse H&S may push the price up by next week and retest the top of the resistance lines. I think it's a greater chance than a rejection of the price rise.

BrianCisco Updated 

Happy Trading! Major support Levels: 10K, 6K, 2.5K Let’s hope one of the top 3 trend lines hold, Look for the Pennant to break at least by January 8th as it will test the first trendline at 13.5K. Buy Long in at 12k, 10.5k, or 8.6k.

BrianCisco

There may be a payment channel that if the bulls can push the price back into. This week should be a deciding factor to see if it will take the blue route or the red route.