HEY ALL - I HOPE EVERYONE'S HAVING A GREAT START TO THE WEEK!
MY APOLOGIES FOR THE LACK OF UPDATES OVER THE LAST COUPLE OF DAYS -1. I HAVEN'T BEEN IN ANY TRADES AND 2. I HAVEN'T SEEN ANYTHING WORTH MENTIONING ABOUT THE BITCOIN PRICE (UNTIL NOW) AND 3. I'VE BEEN WORKING ON GETTING A TON OF SH!T TOGETHER TO BRING YOU ALL SOME MORE OF.. WELL. ME :)
SUMMARY. I BELIEVE THIS IS A BUMP AND RUN BOTTOM (BULLISH) REVERSAL PATTERN.
IT'S TEXT BOOK.
BUT -THE WAY PA HAS BEEN LATELY, I AM NOT PUTTING ALL OF MY EGGS IN THIS BASKET.
MEASURED TARGET: $12366 - $13420.
LOOKING FOR A 4HR CANDLE CLOSE ABOVE THE LEADING TREND LINE, SITTING AT $7190, AND A CANDLE BODY CLOSE ABOVE THE 50MA (DAILY).
IF BITCOIN IS ABLE TO CLOSE ABOVE THESE TWO KEY RESISTANCE LEVELS, I WILL BE MEGA BULLISH ON BITCOIN HEADING INTO THE HALVING.
IF BITCOIN DOES NOT CONFIRM THE BREAK OUT, NO WORRIES FAM! BITCOIN WILL JUST GIVE US ANOTHER AWESOME OPPORTUNITY TO BUY MORE, AS THE PRICE COULD HEAD DOWN TO BELOW $6K -POTENTIALLY SETTING UP NICELY FOR A DOUBLE BOTTOM PATTERN.
WE SHOULD HAVE A DECISION FROM BITCOIN NO LATER THAN APRIL 18TH. SO KEEP YOUR EYES PEELED!
ARE YOU GUYS (AND LADIES) SEEING ANYTHING ELSE? AM I MISSING ANYTHING? DO YOU THINK THIS IS A BEAR FLAG? IF SO -WHY?
PLEASE LIKE AND LEAVE YOUR COMMENTS BELOW!
ALSO -ONE OF THE NEAT THINGS I'M HELPING WORK ON -THE 3 CANDLE COLLECTIVE. I CAN'T TELL YOU ALL TOO MUCH NOW, BUT I CAN GIVE YOU THE WEBSITE!
WWW.3CANDLECOLLECTIVE.COM
MY APOLOGIES FOR THE LACK OF UPDATES OVER THE LAST COUPLE OF DAYS -1. I HAVEN'T BEEN IN ANY TRADES AND 2. I HAVEN'T SEEN ANYTHING WORTH MENTIONING ABOUT THE BITCOIN PRICE (UNTIL NOW) AND 3. I'VE BEEN WORKING ON GETTING A TON OF SH!T TOGETHER TO BRING YOU ALL SOME MORE OF.. WELL. ME :)
SUMMARY. I BELIEVE THIS IS A BUMP AND RUN BOTTOM (BULLISH) REVERSAL PATTERN.
IT'S TEXT BOOK.
BUT -THE WAY PA HAS BEEN LATELY, I AM NOT PUTTING ALL OF MY EGGS IN THIS BASKET.
MEASURED TARGET: $12366 - $13420.
LOOKING FOR A 4HR CANDLE CLOSE ABOVE THE LEADING TREND LINE, SITTING AT $7190, AND A CANDLE BODY CLOSE ABOVE THE 50MA (DAILY).
IF BITCOIN IS ABLE TO CLOSE ABOVE THESE TWO KEY RESISTANCE LEVELS, I WILL BE MEGA BULLISH ON BITCOIN HEADING INTO THE HALVING.
IF BITCOIN DOES NOT CONFIRM THE BREAK OUT, NO WORRIES FAM! BITCOIN WILL JUST GIVE US ANOTHER AWESOME OPPORTUNITY TO BUY MORE, AS THE PRICE COULD HEAD DOWN TO BELOW $6K -POTENTIALLY SETTING UP NICELY FOR A DOUBLE BOTTOM PATTERN.
WE SHOULD HAVE A DECISION FROM BITCOIN NO LATER THAN APRIL 18TH. SO KEEP YOUR EYES PEELED!
ARE YOU GUYS (AND LADIES) SEEING ANYTHING ELSE? AM I MISSING ANYTHING? DO YOU THINK THIS IS A BEAR FLAG? IF SO -WHY?
PLEASE LIKE AND LEAVE YOUR COMMENTS BELOW!
ALSO -ONE OF THE NEAT THINGS I'M HELPING WORK ON -THE 3 CANDLE COLLECTIVE. I CAN'T TELL YOU ALL TOO MUCH NOW, BUT I CAN GIVE YOU THE WEBSITE!
WWW.3CANDLECOLLECTIVE.COM
Note
S&P500 looking BULLISH -looks like we could be breaking the 50MA pretty soon, the 21MA is getting close to a new GOLDEN CROSS.
ON CHAIN VOLUME + HASH RIBBONS. Using them to help ID any whale activity with all of the stablecoins sitting on exchanges ready to BUY.
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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.
Disclaimer
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.