As you can see in the chart, the bitcoin price has formed almost perfectly the same pattern as at the end of September, after which there was a pump to 68k dollars. I don't want to say that the bitcoin price is pumping immediately, but it looks very similar. However, the price can still fall lower. Another possible scenario would be a repeat of the May-July...
- IOTA got a breakout of this huge triangle - technical target is the September High - still need a succesfull retest on the higher timeframes - probably huge move incoming
- possible long entry after close above 310usd - have to hold red and white line
- got a succesfull retest of the previous high (4550usd) - would long after close above 4587usd, at least on the 4h time frame - SL below previous high (golden horizontal line) - first target after 4600usd (psychological) would be the 1.272 fib level -> 1.414 -> ...
- Shiba is forming a Inverse Cup and Handle Pattern, which will lead to a >20% dump if it plays out - be carefull, this meme coins can still pump out of nothing, so take care of some Elon tweets etc xD - what do you think about it? leave a comment below
- we broke the golden line and got a succesfull retest - increasing moneyflow on the 6h to 1D timeframes - long oppertunity when we get a daily close above 23.9usd (red line)
- would enter a long position if we get a close above 2316usd - first target is the next blue line, if we get above next target would be the ATH
- got a breakout of the bullflag, retest an the 4 hour - technical price target 3$ - little trigger wave on the 8h, increasing moneyflow on higher time frames
- got a breakout and retest of the bullflag - long oppertunity if we get above previous rejection point - precious rejection point = 62.965usd - technical target is 66.400usd
- got a nice little trigger wave on the daily (still thicc in the green, but decreasing) - broke golden downwards sloping trendline + restest - price target at least 190$ if the daily will close above 163$
- got a breakout about 27,7usd, not confirmed to this point - first target would be the downwards sloping white line
- got a breakout above the golden falling trendline, retest, pump above the previous rejection point - money flow is coming up on the hourly timeframes, some nice tiggerwaves on the 8h and 12h - still got some resistance above, but maybe gonna retest the upper trendline of the upwards sloping chanel - could be also a W-pattern with a neckline at 144$ - technical...
-got a break of 232usd, not confimred to this point of time - after 8h close above 233, i think next target would be 237, then 242 - got a lot of triggerwaves and increasing money flow on the 8 and 12h
- got a break of the daily white resistance trendline - got a nice triggerwave tiny on the 8h, increasing moneyflow on higher time frames, upcoming momentum - still need at least a 8h close above 27.60usd (blue horizontal line) to enter a potential long Trade
- break and sucessfull restest of 1280usd after 4h close
- my most likely scenario according to what happened in 2017 (!only if we loose the green support lines!)