dean_rcg

dean_rcg

The NASDAQ dipped down to the bottom of a long term ascending channel, looking for a bounce back now

dean_rcg

If the halving pattern repeats BTC will reach $200k at the end of 2021, then go back to approx. $80k by the next halving, somewhere around May 2024.

dean_rcg

BTC is forming an ascending channel, next target is a bounce to the top of the channel.

dean_rcg

Looking for a good bounce now.

dean_rcg

As on chart, perfect bounce off the bottom of the channel yesterday, expecting a green week, next week.

dean_rcg

BTC has to decide one way or the other in the next few days...

dean_rcg

The NASDAQ is trading at the top of the channel and this has been followed by a drop down to support in the past. Indicators such as RSI are pointing down too. If this week's earnings reports are bad, this could happen quite quickly.

dean_rcg

For the past 13 weeks the NASDAQ has alternated between red and green weeks, so. We hit the top of the ascending channel and I believe it will drop back down to support now. If that happens it's a good buying opportunity, if it bursts through the top of the channel it's v. bullish.

dean_rcg

The last 10 weeks has seen the NASDAQ alternate between red and green weeks. Last week ended red as expected but will next week end green?? Looking at the chart it's very close to to support, which has held since April, if the price drops below support we could see big drop and a red week again. Given the continued rise in new cases of Covid 19 in the US this...

dean_rcg

The past 9 weeks have alternated between red and green, so expecting red this week. What could possibly go wrong, right!?

dean_rcg

So far the channel has played out near perfectly with 3 bounces off support.

dean_rcg

On the weekly chart it looks like a bearish reversal candlestick is forming.

dean_rcg

As per the chart the C&H handle could be about to complete, potentially leading to a break to the upside.

dean_rcg

BYND has broken out of the Bull Flag it had formed, I'm looking to sell at 180-185.

dean_rcg

It looks like BTC has finally broken out the Bull Flag channel that's been developing for months now.

dean_rcg

Been tracking it for a while and it still has a chance to play out as per the chart, though the odds of it doing so are maybe 50-50 at best in the current climate.

dean_rcg

See chart

dean_rcg

The large Bull Flag is still in play, if BTC drops to $8k then it should bounce back up to the top of the flag and then break through to go even higher.