Good day traders! Bitcoin is ready for yet another breach of the all-time high. While BTCUSD(or BTCUSDT if you want) has been silent, you may want to gear up for the next move. Please like and subscribe for more posts like this.
○Explanation about why BTC is ready to blast○
Here is why:
1. EffDi v2 breaks its own resistance EARLY, based on similar events, BTC is going rocket up
The Effective Divergence Indicator v2(releasing soon) breaks its own resistance. Looking back at the previous resistances, the break means that a coming up move is coming. We had a breach in the current one, so should be short the bottom? Of course no.
2. Volume lesser every time, a volume spike with an ATH(all time high) break should be good to activate some FOMO mode among traders
Look at the Tesla-related BTC pump. There was a strong FOMO element in the area because of the ATH break and a Strong volume. It was backed up by the No. 1 evidence.
3. Bullish Triangle Pattern Formation nearing completion
Yes, a triangle pattern. The triangle pattern can explain the low volume and price silence. We already have the ABCD, we just need the E and we can go blast good times.
4. Average True Range's historical zone, when touched gives an almost inevitable move
The ATR 500 level is the point where a move usually comes, based on previous moves in the past days. ATR is going to trigger a move again.
5. when The plotted Cyclic lines(scroll back to see it all) are touched, there is usually an up move after
Yes. You can scroll back to see it all. This cyclic line tells a bottom/incoming upmove. Do not neglect the cyclic lines: very powerful and mysterious.
Do not neglect! The next move is coming! Good luck, and keep safe!
Do not forget to like and subscribe! How was my content? Tell me in the comments below!
○Explanation about why BTC is ready to blast○
Here is why:
1. EffDi v2 breaks its own resistance EARLY, based on similar events, BTC is going rocket up
The Effective Divergence Indicator v2(releasing soon) breaks its own resistance. Looking back at the previous resistances, the break means that a coming up move is coming. We had a breach in the current one, so should be short the bottom? Of course no.
2. Volume lesser every time, a volume spike with an ATH(all time high) break should be good to activate some FOMO mode among traders
Look at the Tesla-related BTC pump. There was a strong FOMO element in the area because of the ATH break and a Strong volume. It was backed up by the No. 1 evidence.
3. Bullish Triangle Pattern Formation nearing completion
Yes, a triangle pattern. The triangle pattern can explain the low volume and price silence. We already have the ABCD, we just need the E and we can go blast good times.
4. Average True Range's historical zone, when touched gives an almost inevitable move
The ATR 500 level is the point where a move usually comes, based on previous moves in the past days. ATR is going to trigger a move again.
5. when The plotted Cyclic lines(scroll back to see it all) are touched, there is usually an up move after
Yes. You can scroll back to see it all. This cyclic line tells a bottom/incoming upmove. Do not neglect the cyclic lines: very powerful and mysterious.
Do not neglect! The next move is coming! Good luck, and keep safe!
Do not forget to like and subscribe! How was my content? Tell me in the comments below!
