Continuation Diamond or Diamond Top idea: 14.8k Move BTC/USD
This is basically a almost confirmed Diamond idea. I'm generally Bullish at the moment, I need this weekly candle or close or even the next to confirm my fourth line sealing the pattern. This potentially could form a head and shoulders also... but anyway this is either a Diamond top or Diamond bottom, we are talking a 14.8k Move within a delicate lower volume well and a slightly protected but valid bullish optimism for 14.8k to the upside with some particular "profit taking areas" -if you will or resistance but essentially if it everything comes to fruition it will complete the 14.8k total in value and potentially push higher and the starting point would be roughly $47,900.
1. In 3 days... Hidden Bullish on the Monthly
2. Weekly TD 7 entering into TD 8 in 5 days = Bullish count
3. Slanted and Horizontal general support.
4. Space to go up without major stops on weekly/Bi-weekly timeframe
4. Potential Diamond forming either Diamond top or Diamond Bottom
5. Guaranteed move up or down 14.8k
Short Target: $33,100
Long Target: $62,700
Investigating direction as we speak, praying for a TTM Weekly squeeze or an A13 on the weekly maybe even daily depending on structure patterns that suggest accumulation.
1. In 3 days... Hidden Bullish on the Monthly
2. Weekly TD 7 entering into TD 8 in 5 days = Bullish count
3. Slanted and Horizontal general support.
4. Space to go up without major stops on weekly/Bi-weekly timeframe
4. Potential Diamond forming either Diamond top or Diamond Bottom
5. Guaranteed move up or down 14.8k
Short Target: $33,100
Long Target: $62,700
Investigating direction as we speak, praying for a TTM Weekly squeeze or an A13 on the weekly maybe even daily depending on structure patterns that suggest accumulation.
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