3 supports can be viewed laddering in on these levels, also the not FA but the green log curve has always been a great place for accumulating even in a downtrend. Also, I'm in it for the tech : ' )
Cloud support held last time, it's all noise unless we break this cloud. The more coiling we preform without breaking this important support, the higher move we can expect to the upside, the cloud has to be broken through in order for the cloud to not be relevant.(not just touched)
price target of 90, possible rising wedge just broke below
The cloud that we are approaching on the weekly held on the last retrace, which led to a large impulsive pace to the upside. If we are to bounce again from this cloud, we will be looking to create a new all-time high to ensure that no one can call it as another dead cat bounce.
super trend just painted a sell signal, which is typically reliable for non-bullish behavior for a significant period of time,
I expect the support of the first ath bull market to hold, if this breaks my bias changes to bearish.
Another fake h&s to grab liquidity on shooters. hash rate is at the highest it ever has been, massive divergence between the price and strength of the network.
Probably near the bottom, but the bottom process can take time, will wait for confirmation on this chart
Powerful Z pattern. Super bullish pattern. Z pattern consists of a bullish pennant, once the breakout was confirmed we then entered the broadening wedge which we entered a bullish manor; which suggests continuation from the previous patterns. Note that the ascending wedge, is typically 45.8% chance of upside and 54.2% downside. I will not be surprised if we...
Zoomed out, breakdown of the areas I am watching. Support levels. Big patterns in play. Market top. Market bottom.
Strong indicator with previous accuracy predicting a small dump, and this hour isnt the break.
Last time BTC broke out of this RSI on the D we pumped the last 3 times. Times ticking not long left till RSI breaks out or dumps to the floor, in the bull market it is more likely to go up. We have already tested the RSI floor imo. not FA
43210 price fibs holding Holding the yearly fair price. Looks bullish
Bull: BTC holding the yellow log curve which acts as immense support, I expect us to test the bottom of this log curve again (today or tomorrow). Previously, a BTC breakout of this large RSI resistance led to a 70% price increase. I predict that by the 16th of December we see the continuation of the bull market +/- 3-4 days. Still creating Higher Lows on the...
The Gaussian channel has also been a support in previous bull markets, whilst tested we have not fallen into it; once the bull scenario had started. Even in the May dump. It was entered once, during the virus dump ¬¬ We are holding: * trend line, still on the weekly. * Gaussian entry holding. * EMA 55 close. Reconsider my bias if these listed structures...
4hr bull flag formed, if the previous breakout was a fake out, and did not cancel the structure confirmation. Price target 60000
Last time two times BTC tested this trend line and the base of the RSI pattern we rocket up 40% and 70%. The RSI pattern looks to be coiling up for a final explosive move for now, with an RSI target of 74.35. With the market currently being in fear on the fear and greed index, I will be adding more to my position, on this trend line retouch with a tight stop...
Weekly chart. RSI falling wedge with a bullish RSI target of 94.82. Expecting retest of this wedge before lift off. To support this, trend is still unchallenged on the weekly chart, as you can see. Lastly, the EMA 20 and 55 are about to kiss on the daily chart, which happened last time we retested our major trend line. Price target: 152157 in next 4-8 weeks.