another week is upon us for bitcoin, spotted bullish divergence among the AD again, looking for breakout of the AD on the 1hr, and for a c wave buy on the 1hr chart, which should lead us back over 10k again.
monitoring break out and run up to 10k
get ready for another $200 pump
after running up from c wave on the 15min chart, imho I believe we now need to retrace back down, but not invalidate the previous c wave run up. I see a retrace back to the .618 fib level, and then a move back over 10k
and the AD hasn't broken out yet, retest back to 10100. feel free to post a chart or comment
check my previous ascending triangle pinned on my twitter 9200 from 6300
if the price action can get above the trend line of 8844 or about 112 more from current level, bitcoin could easily retest $10k
ready for everything more so in linkusdt currently, that march 12 candle looking like support currently monitoring a potential move to the .5 fib level, I expect more volatility . the bottom BB curled up on the Daily above a key fib level, I dont see price action dipping below 4k imho (im in the BTFD camp)
look at how the price action has responded each time the macd has turned upward. Its also creating an inverse head and shoulders. Price broke out of a tight box consolidation in the last 24hrs. Link also has one of the lowest circulating supply among the Alts under 350 Million to be exact. Todays its moving upward against Bitcoin downward movement. I anticipate...
details on chart for 45min and 1hr breakout
details on chart
todays high, notice the volume big buys
looking to add on a dip after the run up where previous resistances shows us new support. details on chart
in order for Bitcoin to repeat an ATH, the AD must breakout on the weekly using an 18/50 ema cross strategy , it will allow for an early entry into price action for that weekly spike. I circle the AD in green at the bottom and will be monitoring that going into the halving next week. if this breaks through than it certainly increases the odds substantially that...
details on chart
looking to retest today high and breakout to 9600