In daily chart ALL MA and EMA s are great. EMA5 > EMA20 > EMA50 > EMA200 and MA50 > MA200 and the price is above all of them. Also we can see symmetrical triangle and Kijun Sen held price to fall. Triangle breakout is very possible for bullish run
if this triangle pattern break up side, we can take a profit round about 46%
Few graphical representations for why I've executed an entry. Ignoring the RSI, MACD looks good. The handle of the cup has been supported by large spikes of volume in its formation, emblematic of an imminent bull run. Expecting a move within the next few days. Fingers crossed. May take longer, these things never run as you expect Let me know your thoughts :)
Hi All, This bird is going to fly high, now is a great opportunity to get aboard. Enjoy the flight. EP; 230 SP; 340 potential 48% Trade period; Late Feb up to Early March P.S I'm not a financial advisor, do your own diligence before investing into anything!
Price broke outside the triangle pattern. Looking for futher upside. Targets in chart. I'll really appreciate if you would leave a like. Follow to get notified for further analysis. Read other analysis below. ( Over 90 % accuracy so far)
(1) Ascending support line (2) RSI Support (3) FIB Support. Possible target around 270-300 (provided BTC should not dump)
Double top break down Target Confirmed leading to Potential double bottom
Respecting trend line, 227 sat support level, which has confluence with .786 retracement from local high of 307 sats.