Looks to be building out an huge Bull Flag — There are two possible scenarios
1. Heading upwards now to hit (1) (where we need to break a lot of resistances as entire of SMA/EMA and includes Ichi Cloud which is really strong resistance since August)
2. Will come down (2) and breakout the bull flag afterwards (If 6,000 level support holds we could be...
On hourly, new higher low continuation, a big moving expected here
This will lead to one of two things;
1. Continuted fight here, then slow grind up before an huge breakout
2. Dump through support and make a new low, nuke on BTC down to 9k6 or lower possibility
I really like this wedge, all indicators giving lot of bullish sign as MA9 cuts MA25, MACD continuation its upward move. $LEND looks like it could pull a $TNB. It could easily break the 40 sat mark making for some serious gains...Breakout expected as soon as possible.
Here is my setup on BTC for now. From short time perspective improved its position and its forming a symmetric triangle on the daily that in case of playing out would lead the price exactly to the main confluence of resistances right here at 10,400$ coming from an horizontal level plus VPVR POC. The support area still the same between 9,500 - 9800$, several times...