Shark Harmonic Bullish extension. Most indicators are red with a shade of orange. It might be wise just waiting a day or two for some whaling activity as volume increases , I will be taking an opportunity on the first sighting. I'm am still hopeful of one more wave up. HODL wave has not yet fired it's peak but we shall not rely on one indicator alone. Volume , support and resistance , Fibo and trend lines have always, correction: ALMOST always paid dividends.
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Waiting for RSI to popNote
We have gained a positive result if we waited patiently for bulls to return to the market . Target 1 which was support coming down is now offering resistance going up. Bulls may retreat a little to rebuild forces and make another charge at the resistance zone @ 44-45,000. If Bulls can crack it, the hype will produce what is needed for higher highs and higher lows..... The moon ? .... or a crash landing ?. What do you think.Note
Bulls are trying hard to break and stay above the 44-45,000. The bull charge seems to be a repeat of it's last attempt when it broke through..... Patience is needed.
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BTC making a massive bull run... patience ... hodl ... It ain't over till it's over!Note
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If we get another bounce off the 41K down to the bottom trendline, This could be the last entry before it goes KaBOOM
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.