As mentioned earlier the red line acted as a strong support and resistance line during this bull run! I expect we gonna break this line and eventually touch 58K, small pull back, a retest resistance and voilà a "coupe and handle" just like the previous one we saw @ 41K before a new ATH! FOLLOW ME!!
If you bought the bottom you are in a 20% + profit.. who is in the train with me? I wish you all nice gains! FOLLOW ME!
YES! we broke out yesterday:) Bitcoin now needs to break above this red line to be unstoppable! FOLLOW ME!
We are forming a H&S on the lower timeframes, if we break down wait for a conformation before putting in a short trade. The target of the H&S is exactly at the bottom of the EMA Ribbon coincident? Perfect moment to step in btw! If we break the white descending resistance line we are closer and closer to create a MEGA inverse H&S , but we have to break 52k first...
If we also lose the 21 EMA than retest lower line EMA RIBBON and another falling wedge/Bullflag is made! Follow me for daily content.
It is inevitable! Follow if you like this content.
Red and green box acted perfectly as expected. Now we have to break true the red resistance box with a conformation to continue further. Have a nice day !! And if you like my ideas push that F#$&*CKING FOLLOW button!
Green box act as support we are forming a continuation channel. Red = resistance FOLLOW ME!
Green box next buy opportunity! See ya at the MOON!!! FOLLOW ME!
A bounce than some consolidation with a further drop to 41k is still my game plan. FOLLOW ME!
Excusi the chart looks a bit messy but my target is around 41K lines up perfectly with my indicators. - Lower line daily EMA RIBBON - Golden pocket - Strong support FOLLOW ME!