We are bouncing off of the top of the wedge nicely. Break above the purple line and we are cooking with crisco.
looking like another break out is imminent. bullish flag or wedge is forming on the 15 min.
bullish breakout happening right now of the descending wedge. we got the 4 hour close above the trendline and we are probably going to back test before pushing forward to 52k.
If we can close above the trend lines forming the downward wedge I am super bullish that we are bottoming out and on or way back up!
Looking for a bounce out of this wedge on the 4 hr. Breakdown would mean 41-42k imminent but still bullish on that being the bottom
breaking down out of symmetrical triangle. 42k likely.
Flagging on the fifteen...hourly looks good too. Could it be the moment we bounce back hard? Watching very closely here!
Spinning top reversal possible here on the 1hr.
Resistance levels to watch...plus rising wedge possible on 1 hr
We are seeing the Middle of the M area on the 4 hour as resistance now. 52k would be my next resistance area if it can break past the red box area. Green box at around 43-44k is support. Waiting for confirmation to see where we will be heading from here.
M ended up completing formation and now we are looking to see if it will breakdown below trend line and most recent bottom. That will signal 42-43k to me.
Looking for the break of the middle of the M forming. We broke out of the ascending wedge/triangle we were in and now downward we go. Looking for support retest at 46k then 42k if we break that.
A lot rides on the 52k level. Close above the 52k level would signal a good long opp to retest the 56k range. Rejection at 51-52k again and I will be looking for 42-43k range as a good support area.
Watching for a big move soon. We have been consolidating in a wedge upward for the last 4 days and I think we will breakout to 50k soon or breakdown to 44k rejected.
Ascending wedge in the ascending channel we have been in for a while now. Looking for a breakout or breakdown within the next few days. Low target 1600-1650. Breakout gets us to 1950-2000.
watching for a break out here. good entry point with tight stop. #bitcoin $btc
Looking like we just closed 3 white soldiers pattern on the 1 hour. bullllish #bitcoin $btc
Looking for confirmation of new downward channel off of most recent top at 48k. Will be looking for a bounce off of 46k range to potentially retest 42-43k range. Always looking for more sat stacking opportunities! #bitcoin $btc