BitcoinLong
BITCOIN continuation pennants...Huge break out soon!!
BITCOIN has been forming Continuation Pennants on the 1hr chart back to back. This is a very Bullish indication. A small pull back may be in due for this next pennant continuation that is unfolding and the one after that, which will lead to full on break out. 3 strikes and you are out! Same as 3 pennants and you are mooning!!
I expect BTC to continue upwards all the way into mid march or a week before. This micro is apart of a much larger macro wave that is unfolding. This is the 3rd leg on the impulse that I have made previously and that is working out.
In the technical analysis you can see in this micro layer that the RSI is due for a small pullback for the current continuation. Also you can see the 7 is well above the 77 and even broke the 231 that was resistance. Shortly in a few days-weeks you will see the other 2 MA (77, and 231) shooting upwards as well and this will form the holy trinity.
At this rate Bitcoin will break 20k by end of April and will be sitting at 30- 50k in end of July.
I expect BTC to continue upwards all the way into mid march or a week before. This micro is apart of a much larger macro wave that is unfolding. This is the 3rd leg on the impulse that I have made previously and that is working out.
In the technical analysis you can see in this micro layer that the RSI is due for a small pullback for the current continuation. Also you can see the 7 is well above the 77 and even broke the 231 that was resistance. Shortly in a few days-weeks you will see the other 2 MA (77, and 231) shooting upwards as well and this will form the holy trinity.
At this rate Bitcoin will break 20k by end of April and will be sitting at 30- 50k in end of July.
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