UnknownUnicorn22804749

UnknownUnicorn22804749

ascending channel inside of the falling wedge, my 3 short term targets

UnknownUnicorn22804749

Bake has bottomed out imo and a very nice setup, also has decent volume, I am expecting a very explosive move to the upside from now till the first week of October!

UnknownUnicorn22804749

potential inverse head and shoulders, has very nice volume, you can enter on breakout of the white diagonal trendline!

UnknownUnicorn22804749

200 MA being nicely respected on the 4h tf, bollinger bands are also getting tighter!

UnknownUnicorn22804749

Cup and Handle Pattern 🟢green circle on chart Enter once 4h candle has closed above followed by SL or if we dip 🟠orange circle on chart Place limit orders here, once filled put a stop loss Whichever setup you choose dont forget 🔴 Stop loss

UnknownUnicorn22804749

#BTC on the 4h TF the 55 EMA has acted as strong support, when the 200 MA was lost. As long as we stay above the 200 MA on the 4h, target will be 49k!

UnknownUnicorn22804749

Double bottom pattern, playing out! you can see target!

UnknownUnicorn22804749

expecting a break out soon and breaking that resistance

UnknownUnicorn22804749

red circle you can see was our previous range high which wicked down, since then we have been in accumulation and now have formed a diamond pattern which if played out will put as above the 200 MA in most time frames which is what I would like especially the daily!

UnknownUnicorn22804749

start of Binance listing has a bit of accumulation phase, if we break out you can see potential target, if we break down I would add at green line support.

UnknownUnicorn22804749

green box would be a nice place to buy if you are able to, if not you can enter on the break out, and you can see both my targets!

UnknownUnicorn22804749

I would really like for us to hold the 55 EMA on the 4h time frame, if not I will enter at the bototm of the ascending channel which is where the 200 MA and 200 EMA is!

UnknownUnicorn22804749

If cup and handle plays out, you can see the potential target!

UnknownUnicorn22804749

ok so we retested, the bottom of the descending channel is still acting as resistance, we have also flipped resistance into support now, overall bullish!

UnknownUnicorn22804749

this coin started with a long accumulation period which formed a Descending Channel and a bit of accumulation again and now we have painted a classic cup and handle pattern which can potentially play out

UnknownUnicorn22804749

we broke out of the bullish pennant, I am now expecting a retest in the green circle area and also to act as support then a move up!

UnknownUnicorn22804749

We are around 15% away from all time low for bitcoin dominance, as this goes down we will see altcoins rise

UnknownUnicorn22804749

Since my last update, we did end up going sideaways and we are still holding the ema 12 on the daily, this chart below is the 4h time frame, we have formed a nice bullish pennant and if it plays out we will reclaim back inside the channel and breaking 2 R levels