It has broken out of the red bull flag and the small green bull flag is broken too. Target is the new all time highs.
The golden uptrend was broken and backtested twice. Now the red bull flag is broken which calls for new all time highs.
It's been consolidating inside the golden wedge. Should be targeting 45+ once it breaks out.
The red uptrend should hold to send it to higher to clear the golden resistance and get to new highs.
The bounce off the perfect double support has taken it to the green top band resistance. We may see another pullback from there but after that, I'm expecting a major breakout to get to new all time highs.
It has bounced off the horizontal support zone and it has cleared the blue resistance. More upside towards 100 is next.
The direction of the break out of this triangle should decide which way RUN is gonna run.
It has broken and backtested the green resistance. It can rally only if it can break the red resistance at 5.5. If it breaks, the golden bottom band, more downside awaits.
Royal Bank of Canada is out of this textbook bull flag so it should target new all time highs from here.
Caterpillar will probably touch the giant long term blue resistance once more around 300-320. If it can clear it, the golden top band top band above 675.
More upside from here as long as the red bull flag is not breached.
This strong uptrend is targeting the top bands of these two channels.
This blue channel seems to be breaking to the downside which would take #bitcoin all the way to the green bottom band.
The break of the red channel caused a selloff and that red bottom band is now getting backtested which will probably hold and send Bitcoin down again.
Either a massive sell off or a nice strong rally just around the corner.
The break up of the bull flag would be super bullish. The green support has 3 hits. If Kiwi stays within the declining channel and breaks down that green support, it would clearly open the space underneath for a steep drop. All in all, it is a great technical picture which can be played both ways depending on the direction of the break out.
Trade both ways depending on the breakout direction