BTC - Bearish Symmetrical Triangle Invalidated on the 4hr
Updated
A Quick BTC 4hr Chart Update:
BTC is above its Bollinger Bands Middle Band Basis which is a 20 Period SMA.
The Upper and Lower Bollinger Bands are expanding away from each other indicating upwards volatility is increasing because notice the candle testing the Upper Bollinger Band.
BTC is above its 50EMA for this 4hr timeframe.
BTC is above its Volume Point of Control (POC) for this visible range.
BTC is back above its Least Squares Moving Average (LSMA) for this 4hr timeframe.
BTC is in the Equilibrium Zone of the Ichimoku Cloud for this 4hr timeframe.
BTC is back above its descending Pitchfork Median Line.
BTC is above its Volume Point of Control (POC) for this visible range on this 4hr timeframe.
The Average Directional Index (ADX DI) is showing the ADX (Yellow Line) has crossed the 20 Threshold and is at 20.50 above its 9 Period EMA (White Line) which is at 18.05. The =DI (Green Line) is at 23.90 above its -DI (Red Line) at 11.88. Notice how the +DI (Green line) is starting to curve upwards and the -DI (red Line) is starting to turn downwards indicating increased positive momentum.
Notice that the distance between the Leading Span A (Senkou Span A) cloud support and Leading Span B (Senkou Span B) cloud resistance has narrowed. If you are waiting for full Bullish Confirmation then you would wait for the Leading Span A (Senkou Span A) to cross back above the Leading Span B Senkou Span B) cloud creating a Kumo Twist creating a new green bullish cloud.
BTC has broke out upwards from its Bearish Symmetrical Triangle for this 4hr timeframe. BTC has tested it as support and has risen upwards. This is is very good sign & has invalidated the Bearish Symmetrical Triangle on the 4hr. A very good sign will be if this Daily Candle closes above it which it looks like BTC will do.
Next port of call is the upper Green Pitchfork Resistance Line, then the Leading Span B (Senkou Span B) cloud resistance & then hopefully BTC will get in to the Bullish Zone on the 4hr timeframe very soon.
Here is a closer look at the ADX DI.
I hope this quick daily chart post is helpful with your Trading and Hodl-ing.
BTC is above its Bollinger Bands Middle Band Basis which is a 20 Period SMA.
The Upper and Lower Bollinger Bands are expanding away from each other indicating upwards volatility is increasing because notice the candle testing the Upper Bollinger Band.
BTC is above its 50EMA for this 4hr timeframe.
BTC is above its Volume Point of Control (POC) for this visible range.
BTC is back above its Least Squares Moving Average (LSMA) for this 4hr timeframe.
BTC is in the Equilibrium Zone of the Ichimoku Cloud for this 4hr timeframe.
BTC is back above its descending Pitchfork Median Line.
BTC is above its Volume Point of Control (POC) for this visible range on this 4hr timeframe.
The Average Directional Index (ADX DI) is showing the ADX (Yellow Line) has crossed the 20 Threshold and is at 20.50 above its 9 Period EMA (White Line) which is at 18.05. The =DI (Green Line) is at 23.90 above its -DI (Red Line) at 11.88. Notice how the +DI (Green line) is starting to curve upwards and the -DI (red Line) is starting to turn downwards indicating increased positive momentum.
Notice that the distance between the Leading Span A (Senkou Span A) cloud support and Leading Span B (Senkou Span B) cloud resistance has narrowed. If you are waiting for full Bullish Confirmation then you would wait for the Leading Span A (Senkou Span A) to cross back above the Leading Span B Senkou Span B) cloud creating a Kumo Twist creating a new green bullish cloud.
BTC has broke out upwards from its Bearish Symmetrical Triangle for this 4hr timeframe. BTC has tested it as support and has risen upwards. This is is very good sign & has invalidated the Bearish Symmetrical Triangle on the 4hr. A very good sign will be if this Daily Candle closes above it which it looks like BTC will do.
Next port of call is the upper Green Pitchfork Resistance Line, then the Leading Span B (Senkou Span B) cloud resistance & then hopefully BTC will get in to the Bullish Zone on the 4hr timeframe very soon.
Here is a closer look at the ADX DI.
I hope this quick daily chart post is helpful with your Trading and Hodl-ing.
Note
Here is a look at the weekly with the Longterm Pitchfork Patten, 50EMA and the RSI. Notice how BTC is above its 50EMA and the Pitchfork Median Line. The weekly is looking very good. 
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