Green lines are supports, red lines are resistance, and yellow is being contested. This is all conjecture.
Cup and Handle forming on the 4H. Green lines are supports, red lines are resistances, and yellow is contested.
When bitcoin hit $3000 for the first time we experience a ~38% correction. If we experience a similar correction after hitting $5000 it puts us at the longer term trend line and major support at $3000.
I should have mentioned in the NEO/BTC idea that these all rely very heavily on bitcoin's price being normal (lol)
RSI broke up, 2h Kumo cloud struggle. Wait for the price to break the cloud, pull back and confirm cloud support, before considering a position.