Cryptolover333

Cryptolover333

Bitcoin seems to be breaking out from this bullish pennant and it could be in the way to hit a target of $142,500 to $144,000 by the end of next Month most probably at least if is not before, I have posted an idea before in the 4 hours chart but this is an update on this daily chart, is looking good and as expected, happy trading everyone!

Cryptolover333

Bitcoin seems to be completing a massive symmetrical triangle or a Bullish pennant (Blue line), it doesn't matter what it is because the target is the same, we could observe a huge move soon this week most probably or by next one maximum after breakout if is not fake again, Bitcoin have many fake outs but soon it could make a start to the target line!

Cryptolover333

The Falling Wedge posted on my previous idea has now breakout and retested, it is very likely that bitcoin could follow the candles pattern I put in this idea and hit the target , I think this is only the beginning of a massive move that could be about to explode soon for a couple of Months, fingers crossed.

Cryptolover333

Bitcoin finally seems to be forming a Falling Wedge here in this daily Chart, it has been really boring the last few weeks and that is the reason why I didn't posted any idea for a while, now Bitcoin could start what I believe to me a possible next supper rally before the next Bear Market starts, the initial target could be the top of this Wedge sitting at...

Cryptolover333

Bitcoin has broken up the Symmetrical triangle a bit sooner than expected but it has finally happened, the previous target was around $106,000 but it is a bit more now because this earlier breakout and is sitting now around $107,000 or $108,000 in the starting target, it is possible that we could see a correction after to continue to the upside later on, this...

Cryptolover333

Bitcoin is keeping forming this beautiful Symmetrical triangle, it is most likely that this could break to the upside at any time but I think it is a bit of room left for this to complete, but it could break up any time anyway, I have many indicators also to believe that this could happen sooner or later, it is all going as expected according to my previous ideas...

Cryptolover333

Bitcoin seems to be still forming a Symmetrical triangle that could potentially break to the upside I think next year, there is still a lot of room left to fill this up but it can break at any time, my target here for a breakout it would be over $106,000 most probably in 2025, I think we could make support again or go straight up from here to the resistance line...

Cryptolover333

Bitcoin has made support this week in the Symmetrical triangle in this Weekly chart you can clearly see perfectly it bounced back there in the support line and this was before my expectations, so for sure Bitcoin is now forming this pattern and not the descending broadening wedge mentioned in my previous idea also, lets see when this breaks most probably to the...

Cryptolover333

Bitcoin is forming two Bullish patterns that could take till next year to break, any of them, whatever it follows, and this could be till at least in the spring of next year 2025, bitcoin could go parabolic after breaking any of this patterns, so be patience, things are looking bullish here even if it breaks down the Symmetrical triangle and continue forming the...

Cryptolover333

Bitcoin will continue to the upside eventually whatever pattern creates here, at the moment it seems to be creating a Symmetrical triangle in this weekly chart and is also respecting the parabolic curve, but if it breaks to the downside it could create a descending broadening wedge that is a bullish continuation pattern too, there is not doubt of that, there are a...

Cryptolover333

Unfortunately a double top has been confirmed this week after breaking down the neckline, there are 3 strong support lines here sitting up at around $53,000, I think there would be an impulsive move after that to the upside, 3 support lines pass for the same point, it can retest the neckline again and the parabolic curve too, and a soon as the parabolic curve line...

Cryptolover333

In this Weekly Chart you can clearly see a Symmetrical Triangle that makes you think it could also be a double top, but with a few touches at the top and bottom of this Triangle, to me it looks more than a Symmetrical triangle that takes time to complete, this should be a continuation pattern that could break up after this summer and until Christmas, in the case...

Cryptolover333

Bitcoin has been sideways since a few Months ago and has been a bit boring, this is why I didn't posted any idea for a while, it was not clear where it could go, finally I am observing something here in this daily chart that could potentially break to the upside after completing it, but in my personal opinion I think this could be happening the end of this summer...

Cryptolover333

Bitcoin is been forming a falling wedge in this one hour chart, also visible in 4 Hours chart but more clear here, I am long after breaking this most likely to the upside.

Cryptolover333

There is not doubt that Bitcoin is forming a Symmetrical Triangle, the old support line could still act as a support if it breaks the new support line, but the most important thing here is that soon or later when it breaks out most probably to the upside as a continuation, it could hit a target of above $85,000 so be patient and wait to see the fireworks! (this is...

Cryptolover333

Do not worry, I think a Symmetrical triangle it could be forming right now, I have been keeping an eye on this possible triangle since it was touching resistance there but I was not sure completely, now it is definitely looks like it could be really that, so not need to panic, I will open a long position at the bottom line, good luck everyone and fingers crossed!

Cryptolover333

Bitcoin has retested the Falling Wedge two times in this four hours chart, and what was looking a possible double Bottom now is looking more an inverse head and shoulders that could potentially give the same target as the double bottom, $76,000, so lets hope that this breakout of this Wedge is not a fake out and this inverted head and shoulders play out!.

Cryptolover333

Bitcoin is finally breaking out from this Falling Wedge mentioned in my last idea from yesterday, last night it was a fake out that normally happens a lot in the bitcoin charts but it is finally breaking up with a target on the beginning of the wedge at $73,835, but the good news here is that it could also form a doubled bottom with a potential target of at least...