Following the previous chart nicely. Updated with a "ridiculous FOMO wick" no one should chase.
No sell target. I'm moving my Stop-Loss every day and letting this winner run.
I'll be monitoring more proactively in late June.
Speculative date of death first week of July which doesn't matter if your Stop-Loss is trialing by .001 -.0015 sats
EX. If it...
Two possible scenarios showing on the weekly Ltc/Btc Chart.
Price has bounced between the channel shown and is on it's 5th attempt at breakout.
Target 1) .018
Target 2) .022
Eyeing the first week of July for potential confluence.
Disclaimer: Rookie Trader.
Published for Journaling purposes.
I show a chart of a potential busted ascending triangle on the daily scale. The ascending triangle is outlined with Blue trend lines. Price pierces the top trendline at (A) and confirms the chart pattern with an upward breakout. However, price does not rise far before it reverses. If price closes below the bottom of the triangle, which occurs at B, it busts the...
BTC pushed it's way to the top of the target zone and kissed the 9400 mark before bouncing back. Major support at 8900. I expect a few retests of 9400 before breaking upwards and meeting resistance between 9750/9900
Update from last post:
Trend line fully broken as btc consolidates at 8k. The bull flag I was hoping for is forming just north of the area previously outlined (no adjustments made) Look for breakout before confirmation. Upside target between 9200 & 9400 with downside major support at 6800. We retouched the path to 100k before quickly retracing just as before....
Bullish
Overnight BTC spiked to just over over $8,000 testing the trend line marked in red before settling just below. Some good news here as we follow the Adam and eve double bottom pattern which would confirm above $11,400.
What I'd like to see is a bull flag forming which would push us past the trend line and right into the A&E confirmation zone. ...
