A new week and looking better. We have a weekly order block at 68.5k. The question is if we break through or consolidate under or above this coming resistance. I am expecting a resolution either this or the coming week. Senkou Span A and the weekly 50 SMA have worked flawlessly, keeping the bullish trend intact. #Bitcoin #Ethereum #LINK CRYPTOCAP:BTC ...
#BTC I made this channel 13th of June 2022 right at the first yearly bottom of this year. Weekly timeframe. Since then, I have never touched this trend channel. Today, we have been testing this trend channel several times on the daily chart since the 23rd of June of this year. Our chances of breaking out are increasing with daily attempts to break the trend...
The 2021 BTC double top anomaly is in my opinion a result of the covid crash in 2020. Double tops are rare. This one was the first of its kind for BTC. (gladly correct me if I am wrong) The double top of BTC on 2021 ended on an almost clean close at the 2.272 fib level. Most of people in the space know what this fib level represents. The next bull cycle top...