Hi everyone,
Thank you for considering reading my idea.
Before reading this idea, I suggest you read my previous ideas on BTCUSD. See "Related Ideas" below. (Idea A) Inverse Head and Shoulders Idea; (Idea B) Wyckoff Accumulation Phase.
In this chart, we are potentially forming a bull flag with a target at 43K. We may get rejected at 36.6K near the SuperTrend resistance line.
The very bottom of this flag could be at 34K which is also the bottom of our RIGHT SHOULDER in our Idea A. The very bottom of this flag is also our TEST signal for our Idea B.
All these ideas are related to each other and somehow playing out. Let's see if it will continue to play out and reach our target at 43-46K. Note that the price projection will not EXACTLY play out as plotted on the charts.
Like this idea and follow me for more analysis like this. TAYOR.
Cheers,
Juvs
Thank you for considering reading my idea.
Before reading this idea, I suggest you read my previous ideas on BTCUSD. See "Related Ideas" below. (Idea A) Inverse Head and Shoulders Idea; (Idea B) Wyckoff Accumulation Phase.
In this chart, we are potentially forming a bull flag with a target at 43K. We may get rejected at 36.6K near the SuperTrend resistance line.
The very bottom of this flag could be at 34K which is also the bottom of our RIGHT SHOULDER in our Idea A. The very bottom of this flag is also our TEST signal for our Idea B.
All these ideas are related to each other and somehow playing out. Let's see if it will continue to play out and reach our target at 43-46K. Note that the price projection will not EXACTLY play out as plotted on the charts.
Like this idea and follow me for more analysis like this. TAYOR.
Cheers,
Juvs
Comment:
We broke out earlier than I expected.
Comment:
Target almost reached
