BTC retested the neckline of a double bottom , it has bullish divergence on 4h. Everything looks perfect for a long. Supports 9150-9200-9230. First resistance to break is 9250.
Remember that 8700-9k has been a reload zone for whales.
If we break the downtrend resistance, 9600-9700 might be in play. If we continue and break 9600, 9800-10k is possible. Let's go!!
Remember that 8700-9k has been a reload zone for whales.
If we break the downtrend resistance, 9600-9700 might be in play. If we continue and break 9600, 9800-10k is possible. Let's go!!
Comment:
BTC breaking out of a symmetrical triangle. Approaching first target of this idea: 9450
BTC breaking out of a symmetrical triangle. Approaching first target of this idea: 9450
Comment:
Target 1 9450 done.
Currently 9580 is very important for me, i think if we break 9580 with good volume we can directly go to 9976 approximately.
Currently 9580 is very important for me, i think if we break 9580 with good volume we can directly go to 9976 approximately.
Comment:
First resistance 9700 hit. Next is 9970
Comment:
BTC target 9970 and 10.2 hit. Next target and final will be 10.5. Btc will probably break 10.5 and go to 11.8 i have another weekly idea posted
Trade closed: target reached:
All targets achieved. Continuation:
View of the supposed bull flag on 4h. On daily we might have a hammer today. I hope bulls can manage to print it, if we lose 9100 or 9050 we can still look for a long near the area if there is a big bounce.