Shaping up for a HAPPY NEW YEAR????

After Christmas .... bellys are full , wallets are empty and WAVES ( BTC ) are all we have left.... But is that a bad thing? Personally, I think we are gearing up for a real HAPPY NEW YEAR.. Market sentiment has been improving as bitcoin is showing signs of some ( SHORT TERM ) life and that's moving a lot of alts. The chart above shows our current situation which appears to be a BULL PENNANT. After a run up big time price has been slowly consolidating upwards and volume has also been decreasing. RSI & MACD have been respecting a bullish trend as well. TO GOOD TO BE TRUE? Could be.. and I may be wrong but the risk reward on this breakout could be huge. A WAVE of some sort is brewing... will you paddle out and get ready to ride a potential swell of the year or will you get washed up into it.

Comment:

BROKE OUT of the PENNANT! Things to remember as we continue..... We need to see a solid break above .000142 with a huge green volume candle followed by a nice support bounce off that level. Once that is achieved we can continue being bullish. REMEMBER TO TAKE PROFITS !!!!!! Can't stress enough how fast 20 percent gains can be erased.

TP1- NOW .0001400

TP2- .00018-.00019

TP3- .00021-.00023