if we get a clear break above the downward resistance then we will retest previous highs of $0.79 .
a break above $0.79 will push prices higher and my next target i will be looking is around $1 range .
but knowing that crypo is so volatile we might blow pass $1 and into the $2-$3 very easily .
everyone just look at the monthly chart . major engulfing candle , bigger then anything we have seen in the pass 2 years.
the last monthly candle to come close was back in april 2018 and it only went up 111% . we have nearly tripple that this month and the monthly closes in less then 2 days .
so all im saying is right now is when we should have our eyes fully focused on the crypto space because its either about to pump reaaaaaal hard or its about to have one major correction.
if we really start pumping then this bull run of 2021 will be so massive because retail hasn't even stepped into the space yet. no news coverage really or none of the hype we had back in 2017 . right now its real traders and investors moving the market and that is a sign for a possible bull run . i say this because once the market starts pumping and bitcoin breaks 20k ,it will pump hard and it will go virile and then everybody will be trying to get in because of F.o.m.o. just like back in 2017 .
the last pump started on the weekly chart on December 11 2017 .
this December 11 2020 there will be a government shutdown during a worldwide pandemic from coronavirus . I believe this might be the start of the real pump and we will see some nice gains .
what do you guys think ? if we hold this uptrend will we break previous highs ?
a break above $0.79 will push prices higher and my next target i will be looking is around $1 range .
but knowing that crypo is so volatile we might blow pass $1 and into the $2-$3 very easily .
everyone just look at the monthly chart . major engulfing candle , bigger then anything we have seen in the pass 2 years.
the last monthly candle to come close was back in april 2018 and it only went up 111% . we have nearly tripple that this month and the monthly closes in less then 2 days .
so all im saying is right now is when we should have our eyes fully focused on the crypto space because its either about to pump reaaaaaal hard or its about to have one major correction.
if we really start pumping then this bull run of 2021 will be so massive because retail hasn't even stepped into the space yet. no news coverage really or none of the hype we had back in 2017 . right now its real traders and investors moving the market and that is a sign for a possible bull run . i say this because once the market starts pumping and bitcoin breaks 20k ,it will pump hard and it will go virile and then everybody will be trying to get in because of F.o.m.o. just like back in 2017 .
the last pump started on the weekly chart on December 11 2017 .
this December 11 2020 there will be a government shutdown during a worldwide pandemic from coronavirus . I believe this might be the start of the real pump and we will see some nice gains .
what do you guys think ? if we hold this uptrend will we break previous highs ?