BTC breaking out Inverse h&s pattern. TO support this diamond pattern has been broken on 4hr. waiting for that four hr candle close
RSI pattern almost identical. Falling wedge previously bullish, should still be bullish as long as weekly low is not broken, around 42k
If history repeats itself, you can see how I expect it to plan out using the ghost bars, as well as the fib target. The next days will be telling.
after this pattern fake out was complete, previously we pumped 50% time will tell
Gusian acts as a super strong support, falling wedge with bullish target, must wait till end of day candle close to ensure we don't close outside the wedge.
RSI looking good, looking for close outside, this pattern can expect large volume towards the end of the day. Whales seem to be moving btc to exchanges, so prepare for some price manipulation
BTC could be about to breakout on the RSI keeping a close eye on this one... Whales have been accumlating huge move inbound
RSI we have fallen back within the sym traingle which is typical of a conitunation patten. Which still suggest bullish, as this is how we entered it to start. Candles are also riding the bottom of the boolenger band aswell as riding the previous dip VWAP. With RSI almost at where it was on the previous dip suggesting it is oversold. DXY is doing crazy things...
Rsi looks to be forming the same pattern that was created on the previous bounch with the W bottom pattern. The 0.786 fib level seems to be a new floor of support. To support this level the anochered VWAP from the September W bottom, would also create a less than fair price is the current price breaks below 0.786 fib. We can also see similarities in the candles...
possible bear flag on the lower time frame, could be the creation of our new ascending channel. Based on previous cycles I would expect one more dump week, before the run up to the 200k BTC price.
although the triangle is not confimed it would take us back to the 558 level that we have just test possiblty for a doubl ebottom
RSI Trend formed, first time we bounced 30% the second time 20% will we see another bounce from here, waiting on chart confimirmation as the RSI is a leading indicator
bounce about to happen in the crypto market if this trend is respected, we have to close the week above the trend line.
LTC RSI leading indicator breakout, waiting for the confirmation.
Inerse H&S nearly confirmed, with price targe back inside the ascending trading range
target of wedge is 60 000 poissiblt broken waiting for confirmation, could be a fake out for more liquidations.
Dump leg complete followed by the pump moon, everyone is expecting 53k this is why we probably dont reach it or we dump harder than that, im going for the first. Also Fear and greed is in fear so we have reset enough to pump in the coming days. There is no way this run is over. Its just getting started.
Similarities between previous peak cycles and fib levels. Parabola starts at 70 000, due to fib + previous cycle + curved bull cycle resistance broken