Watch closely as we have a descending trend line forming that could lead to an EPIC bounce! Don't buy the initial break out (IMO) wait for the retest and resumption! Good luck out there and Have a Terrific Taco Tuesday!
Be aware that every weekend the CME is closed and any futures GAPS must be filled the following monday at or before 7:30. Take advantage of these price swings as they can be excellent bumps in your trading and/or great entry points for a good long
Bitcoin has just done it again! Braking through it's previous ALL TIME HIGH and catapulting into the low 60k range! Are we surprised? Not in the least.. but what's next for Ol'BITTY NEVER QUITTY! I see 3 main pathways to reaching a new ALL TIME HIGH and the most likely time frame for just that! I have averaged the last 2 main pumps this bull cycle and they're...
ADA BTC pair is finally getting released from it's shackles! Watching the bloodbath that was the ADA/BTC chart over the past 2 weeks. ADA is finally seeing the light of day! CAUTION! More Manipulation could still be in PLAY! I'm personally looking to long after a foothold over 0.00001900 is found but THINGS ARE LOOKING UP AND WE SHOULD BE READY FOR AN INTENSE BREAKOUT!
This is a look at the scenarios I think most likely for BTC in the next 12 hours.. I would definitely say we have a high probability of breaking the ATH by tomorrow however there is a 25% (IMO) that we fail to hold the short-term trend and break to lower support before we bounce. It is the weekend coming up so don't rule out foul play for OL' Bitty!
If this line breaks be prepared for a QUICK RUN to 61K and a mid-term run to 71k!
EXPECT these areas for pull backs! Hope Ya'll got on the train when I pointed it out!
I meant to have more waves at the end and forgot to add them! Also I realized that my CLONED wave was a bit off in reference to where the chart was, SO, the PREDICTED peaks / troughs have been adjusted accordingly!
Here is a very rudimentary way of breaking down where BTCUSDT pair is heading! We have been here before! Lets go NEW ATH!!
WATCH FOR A REBOUND OFF THE TRENDLINE! IF we bounce we could easily see a bigger move to new ATHs! Do not trade until we have a confirmed bounce! If you get in now I'm confident you'll be profitable within at least a week but we want to wait to see if we can get a better ticket on the train so to speak!
WHAT FOR CRITICAL SUPPORT around 2100 SATS! If this breaks too heavily we could be headed for the mid 1900s SATS BEFORE a V-SHAPED RECOVERY!!!! IF this happens or if it holds 2100, I expect a brand new buy round to begin with exponential GAINS!! KEEP YOUR EYES PEELED!!!
We will either continue from here to 53k-54k and consolidate or we will pull back to retest 49k in the short term then blast back to 53k-54k! Get on the BULL!!!
The price is currently being pushed down by large sells (Whales) However they can only get it down so far! There is buying pressure mounting and the chart is coiling tighter and tighter. We will soon see a breakout and retest of the 51k->55k zone in which WHEN (not if) we break above, we will see a HUGE leap to at least 62k possibly into the 75k-85k region. (I...
Anchor wave -> Medium Trigger Wave -> Small Trigger Wave (1hr chart and lower) pump incoming!
A double bottom has formed for the ADA and BTC trading pair AND it is breaking out of the descending triangle!! Be prepared for a major RALLY!!
WATCH FOR THE SECOND RESISTANCE LINE IN GREEN TO BREAK!! IF SO IT IS TIME FOR A BIG MOVE!!!!
As stated previously, The ADA BTC Pair is in a very bullish pattern. (eg the bull flag) but I found it interesting that both times it dipped to the low side out of the formation it dropped significantly and then was bought back up within a 5 minute time frame both times! This is a very good sign and I'm eager to see this develope further! Good Luck out there everyone!
This is a concept of what I believe to be ADA/Cardano's trajectory for this bull run! Keep in mind that on the way to these price points there WILL BE MAJOR CORRECTIONS of up to 40-60%!!!!! DONT FORGET IT! BE MENTALLY PREPARED!