I am predicting bitcoin's target if a second shoulder forms, creating a reverse head and shoulders. A successful breakout would put the target at around 16K.
First BITSTAMP:BTCUSD must come down to between 6500 and 7500 to form the last shoulder to blast off from to hit our target.
It will be nice to see bitcoin gives us fireworks for the...
Possible short-term pullback.
TD Sequential: 9 (possible pullback)
Rising Wedge: BTC is nearing the top of a rising wedge in line with the TD 9.
Fib: It would be healthy for bitcoin to pullback to .786 on the Fib for a breather before resuming to new all time 2020 highs! 💥🚀🌛
Please smash the like button if you agree so other people can see it.
There are two new CME gaps and BTC appears to be finishing the fifth impulse wave before an ABC correction. This makes sense since the correction would fill both CME gaps (BTC like to fill CME gaps pretty quickly after they are made before taking off again).
If there is a strong rejection around were we are now I will consider an ABC correction is in play at...
Hello friends! Please smash the like and follow (if you are not yet) so more people can see this. Thank you!
BTC COINBASE:BTCUSD broke out of the 200 MA!
If we break $9200 next target is $9500.
Hello friends, please hit the Like and Follow button. And without further ado, BTCUSD has broken out of an ascending wedge and is headed into a descending triangle to test broken resistance. If new support fails I will short and long if we bounce!
I will keep you all updated as things progress. Thank you!
Friends, do not forget the big picture before going too crazy from Crypto Twitter's euphoria like you're a cat on catnip or Scarface with your face in a table full of powder! If you are trading use stop losses! If you are investing, buy the dips. NEVER invest more than you can afford to lose, and last but not least, if you did not understand any of the above,...
BTC is in a rising wedge standing on the shoulders of its recent breakout of an IHS. Let’s start with it testing the support line before calling a breakdown. That said, I took a short position with my target at $8470.
BINANCE:BNBUSDT formed a weekly Hammer candle mid Dec. and has been in an upward movement inside a bullish falling wedge pattern since then, putting the odds in favor of a breakout for BNB.
BNB on the verge of a possible breakout.
Falling Wedge: Important Bull Market Results
Overall performance rank for up/down breakouts (1 is best): 49 out of 56/19 out of...
Hi friends, please smash the Like button! This is an update to my last BTC post on December 22 of my early prediction of an Inverse Head and Shoulder forming, long before it became the pattern everyone is charting and making YouTube videos of today.
Needless to say, the right shoulder has formed! Not only that, but we also now have an ascending triangle, and a...