1st seen on 15min time frame, but also seeing it form now on the 1hr. from a bearish abcd pattern, the resistances level became support which will lead into a ihs breakout
cup/handle breakout inside the flag
watch the 1hr for breakout above 9200
looking for support to hold on the .618 fib level
spotted a cup/handle pattern, saw the bearish c wave down. if handle holds, and volume kicks in, price action will move higher back up to the supply zone. 1hr chart also looks bullish
nice flag on the AD showing link ready for $5 breakout
finding support on 15min tf and showing a flag, I expect a retest back to the supply zone
waiting for AD to give way to breakout of this pennant, which will lead to higher prices with an upward breakout. note the point to 0.23
ascending triangle created by AD showing target of 9600, will monitor
ready for another ride to 9200
in addition im waiting and watching the AD to give confirmation of the weekly downtrend breakout. The price is currently approaching the October 2019 high, we'll see if the AD pushes up and bulls take control even more going into the halving.
disclosure long
waiting for macd to break previous high to lead to new daily high and higher breakout
looking for bullish continuation to continue, projecting a 30% move to invalidate the right shoulder.
currently shorts in control, but look for bulls to take action on a c wave buy
btc update target 9200 still remains