After recent price surge to new ATH's, a correction is in place. After 5 waves ABC correction usually occurs, where wave C extends usually to 1.618 of wave A. Current B wave looks to create a lower high which indicates lower prices. This correction would put the price around 54k and just in time for the halving event. Happy trading
Very clear triple top ends the Phase B of ABC correction. Wave A was the downward move from 73k to 61k which then transitioned into the Wave B. Next leg down is going to be the Wave C and it should end the ABC correction, around 54k.
Bearish RSI divergence is going to bring the BTC.D down and ALTS are going to skyrocket
ROSE is staying beautifully on trend and aiming towards next resistance around $0.17. Next key levels to look for after that are $0.20 and $0.25. With Bitcoin going bullish I firmly believe alts will follow along
Bitcoin is drawing up a nice symmetrical triangle on the 4h. MFI has returned to sustainable levels and it indeed looks like next target is the ATH of 69k.
Mega bullish candle pointing straight to next resistance around 59k
Beautiful symmetrical triangle forming on the 4h. Probably going to break upwards towards our next big resistance around 48k.
Oasis Network (ROSE) has made a huge upside move towards a major resistance around 11.5 cents. If the current weekly candle, which closes in 2d17h, closes above it there is little-to-no resistance after that for a long time. Then it's smooth sailing towards 20 cents.
Rose providing us another beautiful bull flag towards a minor resistance at 10 cents.
My top prediction for Bitcoin is 2.618 fib from last cycle. Three years from the cycle bottom (12/2022).
We have seen the big leg up from the ascending triangle and moved towards the resistance around 42k. We broke through it like it was paper. These moves often start people getting in to shorts and "betting" against the market. It's a natural instinct, like getting 10 reds in a row in roulette, soon it has to be black, right? No. The smart move is to move with the...
Classic Ascending triangle pattern spotted on the daily. Upwards motion towards 40k is coming.
Target aligns with .786 fib and price around 10 cents. Consider taking profits around this level
Classic flag and pole pattern on ROSE. Wait for breakouts and support retests for entries. With Bitcoin gaining momentum this pattern might prove to be very profitable.
Trendline resistance broken for the upside, this invalidates the last call. Wait for trendline retest for entries.
Bearish divergence spotted in the 4h, retracement to .382 possible.
Bitcoin has met the local resistance around 44,5k and is looking for at least a brief pull back. Tight stop loss should be used. NFA
Bitcoin is currently at the 44k area resistance but has broken through the triangle to the upside. This means bullish sentiment is in play. A good entry for longs appear in the retest of the previous resistance turned support. (aka the orange circle)