$BTC bulls will look to keep the higher highs and higher lows pattern coming into this week.
We'll need an ATH to keep the bull momentum in the long term.
Feels like heavy price suppression as close to 60k as the bulls can get. 58k support has moved up to 59k-60k recently which bodes well for another leg up.
Let's see if we can get enough volume to...
That's 3 in a row on the 1HR chart.
REALLY IMPORTANT price targets coming up here. With the bottom of the red Ichimoku cloud, and 200 MA working as resistance right now.
We were using the 58K as support for a while pair that with breaking below the 200 day MA, Ichi could... bad news BEARS.
Will need to see some heavy bull volume to regain 58K as support and...
PLAY THIS CHANNEL!
I've been making this call for months. Bulls bounced RIGHT off the bottom of the channel and moved up. Still a good entry zone.
Bulls in control... channel is a bull channel and it's been playing for OVER two months now.
I actually don't hate this latest dip for a few reasons.
1. Bulls can create a higher low on the daily chart in attempts to regain control.
2. Allowed RSI to cool off on some of the lower time frames, and in a solid range on daily and weekly charts.
3. Bulls are still in full control of the weekly chart.
It doesn't feel like there is enough bullish volume to...
$MATIC break bearish on the last wedge I was following, so we're zoomed out to the 4HR chart.
Bulls are holding support on the 61.8% Fib Levels as they attempt to break the downtrend after the ATH.
Currently in a decent buy zone. Would take some HEAVY bear volume to break below the 61.8/.347.
Let's see if the bulls can regroup and gain control.
Bulls maintaining a higher low on the weekly chart. To maintain control, bulls will need to create a higher high and establish a new ATH. Last ATH we broke, we only saw a 5% price increase. I'll be looking for a more significant price move to give me confidence that the bulls haven't run out of steam.
We're also about to clsoe an inside bar on the weekly which...
BTC bulls failed to create a new ATH and create a higher low. Bulls are fighting to stay above $53,000 to stay in control.
If not, I'll be zooming out to the weekly chart to see if the bulls can hold long-term control.
Bollinger Bands are getting tight.
No major price moves in the last few hours.
4HR BB's are getting tight again as well.
If the Bulls can hold the 200 day MA, we should see a move up. Good place to set a stop-loss.
If you've been following my $XTZ posts, hopefully you grabbed some 10% gains as well!
Took profit as we approach the 200 day MA. Shaping up to be an A-B-C-D pattern here. Check my last post to see the projected trend.
Buying back in at C.
If you've been following my content, you know I've been following this parallel channel on Tezos since early February.
We're approaching the bottom of the trendline again which I'll be taking a larger position.
I've drawn out what I'd roughly imagine the bounce looks like, with a target buy zone between $3.75-$3.85
Playing an A-B-C-D pattern here, with my buy...