Bitcoin looks great on LTF, and may work to create more of a bullish argument on higher timeframes.
I like the way it's looking as it's consolidating near highs.
Would ideally like for it to breakout soon to 1) $8800 and then maybe 2) $9800
Keeping an eye out, and expect ETH to follow
I believe the bottom is in, and there is a ton of confluence to support that.
The halvening is closer than many people think. It's mere months away.
IT IS NOT PRICED IN!
I believe a breakout of this falling wedge/channel structure will cause never before seen FOMO, as people realize how the halvening fundamentally changes things.
This realization will be...
BTCUSD looks like it'll soon follow ETH in its bullish moving ways.
ETH has broken out of an ascending triangle, after being bullish at resistance. BTC is painting a similar picture, and I fully expect it to do the same.
The targets are highlighted above. We're looking good so far.
Ultimate Target = $5500
This is what I expect BTCUSD to do to start the New Year off
We are still quite oversold on macro timeframes, and this Inverse H/S everyone is watching is painting out like a work of art. This is what I expect to happen.
In the event the price breaks through the neckline (~$4300), long the bullish retest and enjoy the gains up to $5500!
Happy New Years!
This past week offered a great opportunity to short the stock market on this bearish retest of what was support now turned resistance.
We're in a macro bear territory, and officially in a bear market for all indices in the US markets.
My personal target is 18,000 in Fall of 2019.
Above is a prediction of the price action, but the general idea is that we go...
This is a smaller time frame bullish continuation pattern that seems to be playing out.
Look for a touch of $4200+
This recent move is extremely bullish. The macro inverse h/s is surely playing out with a bigger target of ($5500).
Keeping things simple.
BTCUSD painting a very clear Inverse H & S pattern, on a fairly large time frame. A bull's dream in the making.
All eyes on this, to see if it plays out, we're 75% through forming this right shoulder
A target of $5500 in sight if this works out.
Keepin' things simple
Trade Safe, Happy Holidays!
BTCUSD has been grinding away this past week, but good things must come to an end for the time being.
Looking at a rising wedge that is getting tested as support repeatedly, expect it to break down shortly and target the $3550 - $3650 range.
The range highlighted would be ideal long opportunity (BTFD).
Keeping things simple