without_worries

6 days until April Gravestone DOJI confirms!

INDEX:BTCUSD   Bitcoin
In the month of April Bitcoin price action printed a technical Gravestone DOJI candle. To confirm this candle price action must close below the previous low. That was 60.5k

IF on July 1st price action is sitting under 60.5k, then the Gravestone DOJI candle is confirmed.

On confirmation the bull market FOR Bitcoin is over. And in particular, legacy cryptocurrencies.
Believe it or not there are a number of incredibly bullish alt tokens out there. Most folks forget that Chainlink returned over 6000% during the 2019 Bitcoin bear market. Not my opinion, a fact. There are a number of alt tokens today printing similar setups.

Should the Gravestone DOJI candle confirm, price action will then begin the journey to $34k as per the idea below. The correction should occur over the next 2 years.

The next update to this idea is “active” or “cancelled”.
You want cancelled!

Ww

$34k idea
Comment:
Status remains unchanged. However the 2-month candle printing as it is today would print a rising wedge. This would result in a reliable forecast to the $10-12k area.

The future of money right here folks ;-)

2 month
Comment:
Price action has 24hrs to prevent this Gravestone DOJI from printing. Currently it has printed.
Trade closed manually:
The 2 month Gravestone DOJI was NOT confirmed.
What does this mean?
It means anyone who sold on the belief of a confirmation will not like what happens next.
The absence of a confirmation results in a bullish move to the upside.


2 month
Comment:
Do you notice since the DOJI did not confirm the market reacts positively?
Expect this theme to continue throughout the summer.

BTC
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Allow 3-6 months on ideas. Not investment advice. DYOR
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