I'm back on my horse... ascending triangle + upward 4hr MFI & MACD... Feeling good about this. My last post was bit off but not quite a full L. Bad enough that I had to bail though. Lets see if we can a decisive break one way or another (but i'm biased towards the bullish side because of the weekly MACD).
So we're hearing that the next levels are 17200, 20k, 30k then 100k... i see a bull flag forming ready to launch ASAP
we have a short term bearish divergence forming a double bottom.... BTC is fun.
with all that we are seeing and charting analysis let's hit the fundamentals again... like my previous post "dali's tea cup" we can see a fundamental pattern forming... the bull market will be kept alive, waiting to see if we gap down to 9500/9600 before we take off or do we take off now? i have a buy set at 9601.02, hoping not have to use it... im ready for...
if you look at this chart you can see a deformed cup and handle... what does this mean? it means i am cautiously optimistic of a further bull run. While a lot of folks out there are claiming similar downturns to FEB/MAR 2020, ichmoku's cloud, etc... i'm seeing something more positive & optimistic.. we need BTC to break 10018 for any near term confirmation but...