A move on either side of this zone could be a big one. Brought to you by Pizza Hut.
Previous support around 1500 becomes new resistance. Do we see a bounce off 1500 and some consolidation before another move up?
YOURE BE HIGHWAY TO THE DANGERZONE IF YOU DONT SELL YOUR BTC RIGHT NOW BOI FORECAST CALLS FOR PARTLY SUNNY WITH 100% CHANCE OF DROOPENING
A larger descending triangle breakout along with a smaller ascending triangle breakout
There it is, or at least there it might be. Wait for a breakout on the handle for confirmation. Not financial advice.
not financial advice or even advice or even financial cuz this shit isnt even real money
The correction appears to be taking the shape of a falling wedge on the 4H chart. Possible reentry around 9350 if support is held and the falling wedge plays out to the upside.
A really simplified approach to the uptrend followed by a basic correction back to 5500. Fib levels seem to agree, although I still think it's possible we get one last push up.
Upward channel forming that looks very similar to the one that formed right before the apex of the last bull run. If it breaks the upward channel and clears 10k there's no telling where it might end up. However, RSI divergence on the weekly indicates the upward trend may be over. I think we see a big move in the next week or two.
Very obvious head and shoulders pattern on the 1D chart. Neckline 7500, top of head 9000, 1500 in movement. If it drops 1500 below 7500 that leaves us at our old trusty support of 6k. I wouldn't doubt if this drop happened dramatically and within the next 3 days. You can also see the ichimoku cloud supporting this idea