The real chart I am watching is this, and I will provide updates.
The things I am watching.
8k horizontal level(TEST COMPLETE) , the 12k horizontal level and the multiple points of contact on the trend line in the squares. imgur.com/a/I09qq
The LARGE inverted head and shoulders not drawn as it is obvious to the naked eye.
The large W with a LARGE M, not only on bitcoin, but through out most major cryptos.
Big patterns, tend to offer big moves. I think 11300 is first target, but the real short term destination is around 16-17.5k.
Again, this trend line with the squares is a magnet that IN MY OPINON, will 100% be tested very soon. Less than a week, maybe even under a day. It would also classify as a short squeeze event, and this is what could drive bitcoin not only to 11,300 in a flash, but also to 16-17k in a flash.
The things I am watching.
8k horizontal level(TEST COMPLETE) , the 12k horizontal level and the multiple points of contact on the trend line in the squares. imgur.com/a/I09qq
The LARGE inverted head and shoulders not drawn as it is obvious to the naked eye.
The large W with a LARGE M, not only on bitcoin, but through out most major cryptos.
Big patterns, tend to offer big moves. I think 11300 is first target, but the real short term destination is around 16-17.5k.
Again, this trend line with the squares is a magnet that IN MY OPINON, will 100% be tested very soon. Less than a week, maybe even under a day. It would also classify as a short squeeze event, and this is what could drive bitcoin not only to 11,300 in a flash, but also to 16-17k in a flash.
Comment:
See this chart please. And share your thoughts. imgur.com/a/I09qq
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