Boom💥 Lets get above the 200s now 🦾 Resistance flipped to support, broke out of falling wedge!
#BTC above 200s if you look at my previous posts I knew a explosive move was coming as it started flowing from the low to mid TF's, lets see if we can break out of this range one and for all 1m ✅ 3m ✅ 5m ✅ 15m ✅ 30m ✅ 45m ✅ 1h ✅ 2h ✅ 3h ✅ 4h ✅ 6h ✅ 8h✅ 12h👀 1d👀
Falling wedge, lets see if we can break out of it! the 200 ema is resistance right now on the 4h, all time frames below it are above the 200s
We are getting above the 200s on the low time frames 4h we are above it as well, lets see if we can close above the 200 MA on the 6h, so far flowing nice, I will be really bullish once above 200s on the higher time frames!
the bounce from previous post was a epic breakout of the descending channel, forming a nice S, my next level of interest is now the $34.6k area, keep in mind we are still in a massive range and we will resume rally after breaking $41347
brokedown to S2 if we dont bounce there can come down to S1 levels, hoping we do bounce reclaim and break out of the dashed line which is where the descending channel is
since my last update for #bitcoin we ended up breaking out, I have readjusted my trendlines and I would like for us to now flip that R into S, all eyes on bitcoin here, can be a very explosive move if volume comes in!
Above 200s UPTREND Below 200s DOWNTREND I have pointed this out before on the weekly and will again, the 34 EMA has acted as resistance and the 55 EMA has acted as support, the ranging of 2 months has mentally tested everyone, the current situation we are in I am not alarmed at all as we have visited the bottom of the range before, I would like for us to flip the...
resistance flipped to support now we want to break out of that channel!
bulls did not want to visit S1 again, stepped in and reclaimed inside of the channel, flipping resistance to support! hoping we can do the same thing with R1 today depending on @elonmusk @jack @CathieDWood conference today which could be a nice catalyst
We broke down from the channel and we are revisiting the bottom of the range! Hoping for a bounce there!
for 4 days we were moving sideways within the descending channel, we just broke down of S3, which could lead to breakdown from the channel and visiting the bottom of the range again, bullish scenario is we reclaim S3 and break up of the channel which can hopefully break out of this range once and for all
Lets see if we can flip R1 into a support level, my next TP will be TP2, if it fails to flip, I will definitely be entering at S1