iricha1

iricha1

On the daily chart it looks like we could be forming a huge inverse H&S by EOY 2024

iricha1

As you can see it appears we are forming a traditional C&H formation on the 45min chart. We should see a continuation of the recent bullishness on btc. Of course many will say bull-trap, but I disagree, looking for medium term gains over next few weeks. Good luck & god bless.

iricha1 Updated 

$BTC will rise again after a slow bleed the next 2 weeks to around the 18k level. After this, I believe, the chart shows that we will continue to move along the upwards slope of the parabola continuation. The FED news hasnt really shaken BTC over the past few announcements which I believe shows we have reached bedrock bottom and are slowly moving back up but we...

iricha1

Will btc pump soon from around 19.3k or will it wick down to 17k faking out the bears before pumping hard again back into the cup shape?

iricha1

Long term daily downward sloping triangle inside these long term reverse head & shoulder pattern makes me oh so bullish. Break-out is imminent!

iricha1

Chart clearly shows the price has been suppressed by yellow dome curve and has also been in a cup shape holding supports...soon these two shapes will meet and likely cause new price discovery.

iricha1

Fat BOTTOM girls you make the rocking world go round!

iricha1

Looks like May 7th might be the last day of sideways action

iricha1

We are bottoming out the right shoulder of inverted head and shoulder pattern within an even bigger bullish harmonic pattern. Supposed to be a volotile week but I think were going up from here with a few pull backs along the way to 72-73k.

iricha1

I mean pretty textbook situation here if btc holds up which its looking like it is, so im buying here.

iricha1

Pretty clear were traveling up the side of a huge cup thats inside a very strong long term channel. I think we see pump soon after this last shoulder has formed for inverted h&S pattern.

iricha1

All about the parabolics baby! Surprising how well these parabalas hold up :)

iricha1

BUTTERFLY is a reversal pattern usually signifying a change in direction...well i guess this is bullish pattern then :)

iricha1

We just hit the top of our bearish channel. I hope im wrong..golden cross may end up being a death cross.

iricha1

Look at highlighted points along the arch..pull-back is coming soon. This last pull back will form the last shoulder of inverse h&S pattern inside a larger cup formation up to 60k. This recent mini-bull run is a small bull trap for mid-term bears. The bull-trap is actually inside a much bigger bear-trap if that makes sense by looking at the chart lol.

iricha1

Looks like were about to see 30k again over next week to bottom out the right inverted shoulder of inverted H&S pattern. Then we get back to 40k, then we move beyond to previous all time highs and beyond.

iricha1

Squeezing appears to finalize by 7.21 but could happen sooner based on possible h&s formation playing out.

iricha1

As we begin forming the right inverted shoulder of a large H&S pattern we should see btc bottoming around 30-32k before breaking out and moving back towards ATHs again.