WickFillerDude

WickFillerDude

BTC following my short term trend line and approaching the end of this wedge with the next major resistance zone around the 45k level. I would like to see BTC break the next major resistance level rather sooner than later as we have had multiple fake outs at this level. If BTC fails to break through again, I believe it will come back down to retest my long term...

WickFillerDude

BTC did exactly what I wanted yesterday, closing above the 43,3k level. It is now currently making a retest on this level on the 4h chart, a rejection from this level means we will head to the next major resistance zone around the 45k level. It is essential that we finally break and close above the next major resistance level as this area has had multiple fake...

WickFillerDude

BTC managed to bounce off my minor trend line and close the wick zone we had to the left. What I would like to see now is a close above the 43,4k level on the higher timeframes (4h and Daily), before moving towards the next major resistance level at the 45k level.

WickFillerDude

BTC is currently following a minor trend line and approaching the end of this wedge. A break below the trend line will see BTC move back down to my major trend line. A break above the next major resistance level will see BTC continue upwards back to the next hurdle at 50k.

WickFillerDude

BTC started the day with a big bullish push towards the next major resistance level. This is only good if BTC can end the day off strong bullish and close well above the 42,6k level with the big rejection wick to the left. If BTC rejects the 42,6k level and closes either weak bullish or even flip bearish, I believe BTC will continue down towards my major trend line.

WickFillerDude

Today I will be waiting to see if BTC can flip bullish on the daily timeframe after making an early retest. If this happens I expect BTC to break previous day's high's and continue to the next major resistance level. This could be an important day for BTC and the crypto market.

WickFillerDude

As BTC is still pretty much ranging in between my trend line and next major resistance zone, I have decided to analyse the weekly as this is the first proper bullish bar to fill previous top wicks. When in doubt, zoom out and get a bigger picture.

WickFillerDude

BTC still ranging as we approach the end of the week. The weekly timeframe is looking good, a top wick fill from the previous week will show good bullish momentum around the 42,5k level. As BTC is still respecting my trend lines, I remain bullish.

WickFillerDude

BTC ending the previous day bullish. I am still waiting for a close above the next major resistance zone around 45k to confirm the start of the next bull run. If BTC closes below my major trend lines, I will be bearish on BTC.

WickFillerDude

BTC still consolidating with the big news events coming up today. An early push like this before the news can be good and bad. If BTC continues upwards and pushes past the next major resistance level, we may see the start of the next bull run. If BTC continues downwards and breaks my major trend line nr. 2 I will be bearish on BTC.

WickFillerDude

Potential buys above 1935,20 if we have a bottom wick fill on the 4h and start rejecting this level, also flipping bullish on the 4h then is a good indication for further upwards movement. Sells are looking tricky on the smaller timeframes with a lot of levels in between, will wait and see what happens but not looking like sells are an option today.

WickFillerDude

BTC still ranging as expected before the major news events taking place throughout the week. We might see some early volume spikes as the market will try to work in the price ahead of the news.

WickFillerDude

Gold currently trading at daily support, therefore I will wait for a close below support on the smaller timeframe before looking for sells. A rejection from support and closes above resistance at 1966,33 looks good for buys.

WickFillerDude

With BTC still ranging I decided to do a weekly outlook instead. As long as BTC respect the major trend line, I will remain bullish on BTC. With some big news coming up this week for the USD, I want to see BTC finally fill previous weeks top wicks and continue past the major resistance level at 45k.

WickFillerDude

BTC still ranging. We have big news coming up this week. The consolidation on the higher timeframes tells me that the market is currently waiting and preparing for the news. I remain bullish on BTC as long as the major trend lines are respected.

WickFillerDude

BTC still ranging between my first major trend line and the next major resistance area around 45k. I believe a big move is imminent in the near future as we approach the end of the wedge.

WickFillerDude

Ultimately I am waiting for sells on gold today. If the weekly bar flips bearish we could see a major fake out on the weekly time frame and see gold come back down all the way to next major support around 1888. Although buys above 2008 are looking good as well with clean traffic to the left.

WickFillerDude

BTC still ranging within this wedge between my major trend line nr. 1 and the next major resistance level around 45k. Good short term buys are an option if we can see a bar close above the minor resistance around 39,5k with clean traffic all the way back to 42,5k.