coriandertrader

coriandertrader

In 2020, there was a channel and it broke above it, and went non-stop to previous ATH. Will we see the same happening ?

coriandertrader Updated 

Looking at the whole time period, btc seems due for a correction. The fib at 1067 proved to be quite a challenge for btc at the moment. Some say it will go back to 1120 but path of least resistance seems to be downwards. In all, IF cup and handle assumption is correct, then we will go back to 750 and then up again.

coriandertrader

Previous pitchfork's top was broken. New one may be forming. If this is true, we might see 6k before reversal. Hodl on tight!

coriandertrader

The drop stopped right before the ascending channel. Let's see where this takes us next.

coriandertrader Updated 

Price broke out of the ascending channel, heading to the mean at around 1168. RSi at 43 on 4h indicating more room for downward motion in the short term

coriandertrader

DIP follows trend line and pitchfork. RSI stopping nicely. Might want to wait til RSI bounces up or MA to cross before continuing uptrend

coriandertrader Updated 

IamSatoshi PitchFork rang 100% true! Should retrace to... 800-ish. Cheers!