Price has been tapping $700 right at the top of the channel. Price has just closed on the 30m chart. Waiting for a retest to confirm continuation.
Comparing the 2017 bull run to this years bull run, we can see there is a very similar pattern emerging. Price broke up from the highlighted zone and created the first 4 EWT waves before consolidating between a range for several days before making it's move higher. It looks like the same scenario is playing out now. RSI and MACD are also looking fairly similar on...
XRP has rocketed around 138% since it broke out of the major zone highlighted in red. A correction is forming which looks like it could be the 4th impulse wave and is currently testing support at 0.60000. From here, the 5th impulse wave should take us to the next resistance at 0.87500, where we’ll likely create an ABC pattern before continuing up again. It looks...
Make your own judgement. It's taken the NASDAQ over 6x longer than bitcoin to create this same pattern. By this metric we'll be hitting $50,000 by autumn next year.
Price broke out over the weekend above the previous supply zone at ~0.32700 and gained over 50% at its peak in 24 hours. The last time price broke this zone, price rallied 1400% in 4 weeks. Price has consolidated and created an ascending triangle pattern and I’m currently waiting for the triangle to break and a candle to close above 0.47400. There is a minor...
Price has been ranging between $17,370 and $18,200. It has formed a nice ascending triangle and has now broken out of both the range and the triangle, very little resistance from here, $20,000 target.
I am firmly bullish for the long term. Major institutions are stacking sats very quickly and price has rocketed nearly 120% YTD. Bitcoin has seen many records broken this year, it’s only a matter of time until the retail FOMO begins. Price has found resistance at the 78.6% fib level (~$16,500). Currently waiting for the price to break up above this level where...
If BTCUSD breaks out of this triangle and clears $16,000, we’re going to continue to the $16,500 area or more.