Weekly
In this situation we have a bull flag that looks beautiful… I took the distance of the pole and copied it. It is funny how the length of the pole meets a resistance at 17246. If price can stay above the weekly 21 MA, there is a good chance for the bulls to continue in
Daily
In this situation, everybody is seeing if the triangle will be respected or will price close above the trendline that forms the triangle. If the triangle closes above the trendline, that will be a key indicator that bitcoin is on a massive surge to the upside. If it is respected, there is still a chance that price might fall
4HR
On the 4HR, Bitcoin made a major drop into consolidation. There is a good concensus that the consolidation will break into a buy. The question is, how far will it go. Price can retrace to the trend line, and push right back down or it can continue until it reaches the daily trendline.
Again I would love to hear you guys thoughts on this one
In this situation we have a bull flag that looks beautiful… I took the distance of the pole and copied it. It is funny how the length of the pole meets a resistance at 17246. If price can stay above the weekly 21 MA, there is a good chance for the bulls to continue in
Daily
In this situation, everybody is seeing if the triangle will be respected or will price close above the trendline that forms the triangle. If the triangle closes above the trendline, that will be a key indicator that bitcoin is on a massive surge to the upside. If it is respected, there is still a chance that price might fall
4HR
On the 4HR, Bitcoin made a major drop into consolidation. There is a good concensus that the consolidation will break into a buy. The question is, how far will it go. Price can retrace to the trend line, and push right back down or it can continue until it reaches the daily trendline.
Again I would love to hear you guys thoughts on this one