BTC short term long. aggressive break above trend line and local poc
1. can carry on from current level 2. can go to confirm the broken trend line somewhere around 4520 and go up 3. or can go to make the potential double bottom Targets: 1. 4681 2. 4700 3. 4724 - 4757
□ consolidation about resistance □ solid volume □ potential brake of trend line
buy zone : 4386.5 - 4356 SL : 4308 TP : 4528 ...the correction is may be not over yet but its looks like today we can get some swing trades win.
□ broken trend line □ strong volume □ aggressive movement
the strong trend line from June 2021 is broken. looks like that consolidation is getting to be done and its ready to move. is gonna be confirmed when gets broke lower high on 1.162.
□ aggressively volume □ above main POC ( red line ) □ above pivot as well □ keeps higher low □ reached higher high
Silver is preparing to broke trend line and move up to 30 $. ... but probably not yet. Is is stil in the range and could stay there until March.
holds strong POC and broken super strong trend line with the confirmed higher high as well. TP 1 : 1832.3 TP 2 : 1876
I can see 2 scenarios. We have to wait through a bit to see if this is consolidation or distribution. 1. we are still in the bullish market and its gonna test 56200 - 57150 or 2. we are gonna broke super strong 41200k - 39500k and go to 29 000 - 27 000
The wave C is comin on the way....doesn't even has to get to 1.01 cus the golden pocket of the entire retracement goes along with a strong support on 3.6 $!...it is a great opportunity to buy it back anywhere around here!
1. abc correction ( wave B of big zig-zag ABC ) 2. 12345 with new high some around 68K
If we cannot hold 1676...will goes down..at least on 1646.5....or even deeper somewhere down to 1489 in the long term...possible.
it could touch ema 50-W thick orange line soon and then go back to finish big ABC
the next upward move could reach 2.0 extension or even higher (69500)
looks extremely bullish ... 61800 in the next few hours its no doubt!
the correction could be done at .382 of entire bullish cycle ...3676 ?! ...but technical forecast does not look good...the potential wedge is coming up which shows us most likely deeper downside movement.