pepicaja

pepicaja

Historical resistance being broken on the hourly. Can also spot a cup and handle on 1H and 4H. The 4h still haven't crossed historic resistance fully, so if u enter, exercise caution. 1h n 4h hooked and shooted from the 9MA. Breaking the 0.15585 would confirm bias to the upside. Following tp would be 0.17 and 0.92

pepicaja

4h chart AAVE BTC, ascending triangle + RSI divergence 4h n also weekly

pepicaja

Next local top of BTC at 14.5k Looking at the 30% btc rallies (on average of 30 days, we still have 500usd before cooling down.

pepicaja

I expect to revisit last major resistance. Expect a fat order to be filled at 0.0249. *daily and 4h chart looking the same when zooming out

pepicaja

if we play by the books, 4h (and daily) shows last resistance soon to be tested as support after the up rally

pepicaja

Scenario 1: We have tried to break resistance at 372 5 times already, it seems the bears are tired. Ichimoku crossing confirms this. We might be making old 372usd resistance our support on a daily. I like this, but I personally prefer wait to see where we close today. Scenario 2: The we fail to make support at 372, hence we fall and tap for the 5th time old...