We all know that the S2F and 4 year cycle models got broken this year. There's nothing to base any predictions on, so this is just a guess of what might happen.
Tons of people were posting about multi-year bear market just a couple of weeks back - it's still a concept rooted in everyone's brain. Everyone still expects it to happen after a sharp downturn, just...
Almost at the apex of its descending triangle (or a bullflag, depends on how you draw it). The first higher high would be considered the breakout - price crossing 0.0641 BTC. You could set an alert or a stop-buy there. Once that happens, the closest resistance levels would be:
0.08-0.0825 - top of the pattern;
0.1 - major psychological level;
0.115 - measured...
This isn't really actionable, I'm just throwing it out there. A potential scenario if the pattern of the previous correction repeats itself. It will be interesting to see how it plays out in the next month or so.
The title says it all. Bullish pennant breakout. Currently in price discovery mode. Next potential resistance zone should be around 51800 sats, based on Fibonacci retracement alone. Stop-loss should be placed at 34200 sats.
Pretty convincing cloud entry, confirmed with volume. Standard edge to edge trade. It's finally time for high-caps to shine.
Possible resistance levels based on flat cloud zones: 5415, 5720, 6275.
Massive high timeframe bull div on RSI, Tenkan/Kijun just crossed bullish. Breaking out of consolidation now. It barely moved this cycle, it seems like now is finally the time. TP1 - cloud's bottom edge, TP2 - 200EMA, TP3 - flat cloud + previous orderblock S/R level. SL - 2700.
Simple setup, triangle breakout. SL below breakout candle - crossing it would invalidate the setup. Resistance levels highlighted in the chart.
Also, kumo breakout on June 4, cloud's top retest on June 17th. Undeniably bullish trend, and now there's a decent setup to get in.
Almost 2 months of consolidation.
The triangle is almost reaching it's apex. Descending volume profile fits the pattern as well. For it to be proven valid, the breakout should happen this week, probably in the next 2-6 days.
After the breakout, next resistance level should be around $11300. Not shown in the chart, but it's the weekly ichimoku cloud's upper edge.
Very standard setup. Cloud entry, retest of cloud's bottom, bounce. Time to complete that edge to edge trade. Resistance levels, based on flat cloud zones, highlighted in the chart. SL at 1765 - dropping below cloud.
Ichimoku cloud's bottom has held, and after forming a bull flag, ELF has now broken out of it. First resistance level is at 1071 - daily cloud's top + flag's top confluence. SL - 908 sats. Very obvious setup.
Very standard setup. 50EMA, which previously acted as resistance, has now been breached. Tenkan/Kijun has crossed bullish, and the price has entered cloud. Aiming for an edge to edge trade here. Possible resistance levels highlighted in the chart. SL - 0.004580.