Two bullish patterns converging ... first breakout from falling wedge targeting 31k, after that we just enter in bullish magaphone ( series of higher highs and lower lows , enter from downside) ... if we braek rising trendline we can expect 36-39 k probaly till june.
Lots of indicators and signals are pointing that bull run just started ( weekly bullish...
New high 48.5 then 38 k or lower ... be ready ...
Divergences on day time frame are ready with new high ... so when everybody turn bullish time to short ...
Of course this is idea ... but every time I was right ... posted two ... look and prepare for big move down
Simple as it can be ...
Rising wedge broken to downside, didnt have any bullish DIV on higher TF ( day, week ... ) ... target is bottom of wedge ... 29-30 k ...
Simple TA pattern target.
DXY is going higher ... btc opposite ...
Think that we will visit 30 k again.
Any comment ?
Only charts and patterns
We have several bearish patterns converging in to possible cascade dump
Big monthy bearish divergence ( not shown on the chart beacuse it is daily )... is this road to 30 k ... ?
Monthly RSI extreamly overbought around 92 ...
