Hello together,
Enclosed is again like every day my daily update on the BTC price.
At the moment it looks like we are forming 2 different chart patterns. One is a Semmetric Triangle (red/purple), the other is a Descending Triangle. We now have to keep a close eye on our support (red line). If we manage to break above our purple line, I will personally wait for a retest and then open a new position. I expect a breakout by 21:00 this evening at the latest, which will then give us direction.
If we fall down we still have our Ascending Triangle and will probably bounce in it (yellow) for a while. Here I expect then a breakout until tomorrow around 21:00.
Our W pattern as described yesterday is of course still active. This has only dragged on a little longer and has become a larger pattern than expected.
Today, my analysis is a bit shorter, because everyone is waiting for the directional move at the moment. If we break out to the top and leave the ATH behind us, there will again be a jumping pump up to about 40,000$.
Many expect again a correction of at least 15% downward....at the moment I can not quite share this opinion.
What do you think?
I also wanted to thank you all! The support from you is really crass! Thank you!!! :)
Stay healthy and take care of yourselves!
Your Schueco
P.s.: As always, liken and Follow not forgotten, so you miss nothing more!
Enclosed is again like every day my daily update on the BTC price.
At the moment it looks like we are forming 2 different chart patterns. One is a Semmetric Triangle (red/purple), the other is a Descending Triangle. We now have to keep a close eye on our support (red line). If we manage to break above our purple line, I will personally wait for a retest and then open a new position. I expect a breakout by 21:00 this evening at the latest, which will then give us direction.
If we fall down we still have our Ascending Triangle and will probably bounce in it (yellow) for a while. Here I expect then a breakout until tomorrow around 21:00.
Our W pattern as described yesterday is of course still active. This has only dragged on a little longer and has become a larger pattern than expected.
Today, my analysis is a bit shorter, because everyone is waiting for the directional move at the moment. If we break out to the top and leave the ATH behind us, there will again be a jumping pump up to about 40,000$.
Many expect again a correction of at least 15% downward....at the moment I can not quite share this opinion.
What do you think?
I also wanted to thank you all! The support from you is really crass! Thank you!!! :)
Stay healthy and take care of yourselves!
Your Schueco
P.s.: As always, liken and Follow not forgotten, so you miss nothing more!
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www.youtube.com/channel/UCh8EqZyAUunyl1ryHeZAaSw
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www.youtube.com/channel/UCh8EqZyAUunyl1ryHeZAaSw
Krypto Ausbildung:
bitbull-trading.com/kickstarter2.0
Free Telegram Group:
t.me/BK_btc_trading