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Look at it, there is a hidden bullish divergence, perhaps it's time to go long and hold.
According to this graph, there is a bullish divergence. Moreover, there is also an ascending triangle.
Should buy some, then wait for the breakout.
Maybe, next one will be to re-test the 12k resistance, if it doesn't break it, probably will re-test support at 10.3k.
Hopefully for a bounce anytime now to keep the bullish alive!
Look at it right now, it almost re-enter the cloud again to above. Hence, a bullish movement.
But, if BTC is bearish again, surely, this thing will be affected.
Waiting for another breakout.
LET'S GO AGAIN
After the break out of the falling wedge, it's still falling out of Fibonacci Fan support.
See you at the another bottom LTC.
Waiting for another breakout of the ascending triangle.
Buy when it happens.
Hoping another break out soon. There is a bullish divergence there too.
After breaking out of the symmetrical triangle, next one will break out of the ascending triangle.
Entering the cloud, break out of the ascending/bullish triangle.
Let's fly again.
Still could go either way. Waiting for a breakout for confirmation.
Currently in the last correction wave. Waiting for next confirmation will it go up again to test 12k resistance or down to test 9k support.
A bullish divergence is confirmed both on 1H and 4H TF.
The blue box is the TP area. Once it hits the upper resistance, it could go down to at least 10.3 USD (calculated using Elliot Waves), or free falling the deeper bottom. If it breaks out of the resistance, will see a new high.
Play smart, most importantly, play safely.
It's flying time. Let's go.
Once it breaks out officially (candle closed) expected FOMO to start kicking in.
Remember to TP distributed :)