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Wedgeapex

Nov2022 - BTC (3D) - Next Peak $200-250k by 2025 + Risk FactorsDear anons, Provided another longterm projections based on past BTC peaks, dated back to 2017 & 2021, respectively. 💡Summary: NEXT PEAK > time target: mid/Dec 2024 > price target: $200k, 220k, 250k **factors affecting targets marked on-chart .. 💬 Extra Note: with various forms of hidden/blatant power wrestles ongoing btw China & US dat includes COVID plandemic aka engineered supply shock & globe-wide inflation Fed rate hikes aka exporting inflation everywhere else by weaponizing Dollar Ukraine war aka engineered gas & food inflation China zero-covid lockdowns aka weaponizing supply chain who knows wats next... Taiwan? CBDC's? Plandemic 2.0? based on above ongoing or potential macro developments, we're likely to overshoot on next peak target, with high certainty. think: $250k in REAL terms w depreciating dollar... ;p See you in 2025! cheers~ 🥂🔥
BITFINEX:BTCUSDLong
by jeanne_k
1
KIWI wedge apexJust an informational chart chat on what I find interesting about the wedge pattern and its apex and continuing trend lines. This week NZDUSD opened with a continued push higher followed by consolidation in a symmetrical wedge pattern and the again broke out in continuation to the upside. What I find interesting is the action at the apex of the consolidation wedge and its extended trend lines. The apex often signals the endpoint or exhaustion of the extended move as in this example. Then, as we follow the wedge trendlines further, the price action in this example tends to balance itself along the rising trendline like a magnet first as support then as resistance.
by L_Abondant