Inflection point. This is the fork in the road and BTC makes a decision here We close above FWB:73K with volume and bull run continues or We close below $60K and draw down and consolidation begin I am choosing the latter with price target of $38,500.
BTC is accelerating and hitting my expected resistance area. Should expect some sideway action and retest of current highs before we have a nice retracement and consolidation. The more vertical this things goes up, the more violently it will retrace. Final pull back before we begin the official "golden bullrun".
Expect BTC to do 1 final retracement and consolidation before we leave the TR and begin the golden bull run. This seems to be in line with pre halvening pump and post halvening dump. Overthrow condition is met so now we wait for higher highs with lower volume as the signal to prepare for the pull back. Buckle up, this is the last opportunity to buy at bottom prices.
Expecting 1 good retracement and consolidation before we begin to leave the trading range. QQQ moves the market so this is what we use to gauge overall market conditions This is also the best time for re-entry
Expecting 1 good retracement and consolidation before we begin to leave the trading range and embark ok the biggest crypto bull run the human race has ever seen. This is also the best time for re-entry
Reentry 36k Next profit target is going to be in the ~100k range at which point we'll be looking for another steep correction.
$GE is going to run Profit target is $29
Primed to run. Have my TP set.
XRP Correction/Consolidation Complete. Continuation Upwards (1d, 3 hrs) 15min candles are printing doji candles 1hr Candle printing a doji MacD switching on smaller time frames 1hr and 4hr RSI oscillator cooled off Breakout Target: $.58 Price Target: $.88 to $.99 S/L: $.52 Some Notes: XRP can only run if bitcoin is trading sideways or trending...
With ETF and Baakt news looming over us in the near future, this could coincide with the end of the bear market. Using Wyckoff Method, which has been largely accurate so far, it’s obvious we’re nearing the end of the bear market. After the rejection at $7,450, we’ve managed to drop vertically -14% in <15 hours, while also printing a Higher Low (HL) of...
Just experimenting with Wyckoff method. Since the SPRING, bitcoin should print 2 Higher Lows (HL). If 6300 marks the 2nd HL, we may be on our way to test the 8500-8600 resistance. So far Wyckoff chart has been frighteningly accurate... For reference: Wyckoff Chart d.stockcharts.com Terminologies/Definitions: PS—preliminary support , where substantial buying...