zippy1day

Cat amongst pigeons and all that!!! www.youtube.com

Both could be argued but with similar outcomes target $11700+ tutorials.topstockresearch.com

For us to achieve $10K we need some sort of pattern like this, however target looks to fall short at the moment at $9970 but this is a calculated target! thepatternsite.com

Conflicted here between PnF horizontal count from local "Triple Bottom" and Falling Wedge pattern? So target ranging between these two targets at present.

Could be argued this is not a Cup & Handle but has similarities! However the Falling Wedge is in no doubt so would expect this target to be met?

Why a target of $11550 is possible using Bulkowski Formulae! Break : $5600 High : $11700 Low : $3200 Target : $11550 Highest high or B + ((H – L) * 70%) thepatternsite.com

This is in my opinion a Wyckoff Accumulation Chart with low volume spring playing out at the moment? Of course there is a bit of time yet before this confirms!

All targets for recent local "Triple Bottom" being hit! Next target Falling Wedge : £7300+

Displaying elements of a "Descending Broadening Wedge" so going along with it for time being! thepatternsite.com NB: It would also fit in with the possibility of the "Handle" of the larger Cup?

If we manage another cross close above the red line resistance then the first Target 1 is achievable $11550 ~ $12000! Also if we compare historically then the yellow circled timeframe has similarities which saw a 134% rise which long term if repeated takes us to $17.4K ~$17.5K.

Still bullish with bitcoin above "Long Term Trendline". The wish being for BTC to pullback to fill the gap (CME chart)~ but will it?

Well the "Diamond Pattern" came within spitting distance of reaching its target! However, this just may have been part if a larger Elliott Wave Triangle which I originally thought might in play as part of the Wave 4 correction? If this would be the case the Symmetrical triangle target estimated as break not known exactly would be...

Although this signifies the possibility of a Top it does not mean necessarily it is the ultimate top! I have used category Triangle as they often are observed as back to back triangles. Targets to be calculated as per link below for each scenario....of course the path may just keep going sideways which would probably invalidate this...

The question everyone seems to be asking is whether or not we will continue up in this channel or will we consolidate here around the Pivot in an ABCDE triangle pattern as historically happened back in 2015?

The extreme spike most talking about in my opinion was a "Bullish Pin Bar". We can probably expect more of these as we move in a upward trend which is your friend!

Using the vertical count on this pennant I have a target $11800? This would take us to the neckline/cup lip if these patterns are in play?

This would take us to the equivalent of $11100+ if it was to play out! www.accendomarkets.com see fellow trader link for idea on ltc & btc:-

It seems possible this formation is in play but not certain! The same pattern was self evident at the last "All Time High" but can also break up(throw-over) initially as well as down! thepatternsite.com