Has been very boring for a while
But the pattern is becoming quite clear.
A bullflag or fallinfnwedge is building nicely.
As long as btc remains above 24800 and doesn’t break and close beneath this can be setting up for a bullish consildation
We have been patiently waiting for weeks for soemthinf to show up. Finally
The pattern is almost complete.
We are at the lower end so we need to see bulls step up and get prepared to push us through 27300 other conviction. Once this occurs the breakout will be ready!
A fallinfnwedge only targets the prvious high of 31k area Howver a bull flag here actually targets 37k!
Get ready for the Btc bulls. Daily bullish divergents is sitting right there too which helps us get an idea of where we could be headed.
Just rember if Btc decides to lose this pattern and break 24,800 then we could break structure and head a lot lower. So wait for 27,300 to break and hold for entry
But the pattern is becoming quite clear.
A bullflag or fallinfnwedge is building nicely.
As long as btc remains above 24800 and doesn’t break and close beneath this can be setting up for a bullish consildation
We have been patiently waiting for weeks for soemthinf to show up. Finally
The pattern is almost complete.
We are at the lower end so we need to see bulls step up and get prepared to push us through 27300 other conviction. Once this occurs the breakout will be ready!
A fallinfnwedge only targets the prvious high of 31k area Howver a bull flag here actually targets 37k!
Get ready for the Btc bulls. Daily bullish divergents is sitting right there too which helps us get an idea of where we could be headed.
Just rember if Btc decides to lose this pattern and break 24,800 then we could break structure and head a lot lower. So wait for 27,300 to break and hold for entry