Hello everyone.
I know some of you were left in the dark in the last few days. I didn't update you as y view didn't change since the last time.
Now we have finally the breakout I called about for the last week. BTC has finally started moving, breaking out of the bullish pennant. Although we all want BTC to hit 100K tomorrow, that want happen till the beginning of December. I have been talking in chats about BTC painting a three raising methods four days ago, A bullish engulfing on the daily and 12 h frame yesterday and today we have the good move. Also, the BB was predicting high volatility, today the volatility has come. The candle on the 12h has closed right above the BB outer resistance forecasting higher prices. Volume is starting to pick up. Although some of you feel uncomfortable with the volume decreasing daily, there is no need. BTC is still below the ATH. The heavy volume will flow when we have a clear breakout of the ATH, which will happen between today and tomorrow. However, as I marked in the chart, the volume has already started to expand as per pattern breakout. I expect now BTC to reach the previous target of 74 in the next 2 days with a small retracement and then a push to 80k. When 80k is hit, that s when things will start to get wonky. I expect BTC to retrace and test the resistance turned support at 66k, which will also wipe out the overleveraged positions in the market. After that reset, the road to 107k is paved. Enjoy this ride.
FOLLOW ME, SHARE, LIKE and COMMENT
I know some of you were left in the dark in the last few days. I didn't update you as y view didn't change since the last time.
Now we have finally the breakout I called about for the last week. BTC has finally started moving, breaking out of the bullish pennant. Although we all want BTC to hit 100K tomorrow, that want happen till the beginning of December. I have been talking in chats about BTC painting a three raising methods four days ago, A bullish engulfing on the daily and 12 h frame yesterday and today we have the good move. Also, the BB was predicting high volatility, today the volatility has come. The candle on the 12h has closed right above the BB outer resistance forecasting higher prices. Volume is starting to pick up. Although some of you feel uncomfortable with the volume decreasing daily, there is no need. BTC is still below the ATH. The heavy volume will flow when we have a clear breakout of the ATH, which will happen between today and tomorrow. However, as I marked in the chart, the volume has already started to expand as per pattern breakout. I expect now BTC to reach the previous target of 74 in the next 2 days with a small retracement and then a push to 80k. When 80k is hit, that s when things will start to get wonky. I expect BTC to retrace and test the resistance turned support at 66k, which will also wipe out the overleveraged positions in the market. After that reset, the road to 107k is paved. Enjoy this ride.
FOLLOW ME, SHARE, LIKE and COMMENT
CFcryptoTA
check the youtube channel out
youtube.com/channel/UC1nxHmfbU0pyoX7Bp-ayDuA
Telegram channel for 1 to 1 chat: t.me/TAEW4
check the youtube channel out
youtube.com/channel/UC1nxHmfbU0pyoX7Bp-ayDuA
Telegram channel for 1 to 1 chat: t.me/TAEW4
