Daily needs a close above 16.80 breakdown candle high. Above that, it can squeeze to 30 by 8/20
420 gap fill may have to wait
Looks like a rounding top on bitcoin daily but before that gets resolved, there is still room in the arc for a push higher into 50k. We are also at support. If we do break down, i expect us to go as low as 24k but I dont believe it is time for that yet.
looking for a possible bounce on BNB with this backtest. small 4hr divergence building.
Im more excited about the alt coins than i am about bitcoin. i think dominance can fall further as alts really have a blow off
I think we see a rotation out of BTC and more into alts. Alt marketcap looks like it still has room to go
Breaking parabolic support but still trading in current rising channel. ::POPCORN::
Bouncing off the parabolic support. Buy all the dips!!
If markets can remain in the blue megaphone, we can see a push towards year end to 5k.I do expect some choppiness in the short term and can see us pulling back to ~3800 or even backtesting the green trendline. A move to 5k would be the measured move on this bull flag we are in
Strong momentum and riding the parabola. I dont think we reach the 10k mark on this parabola. i think there is strong resistance at 5k but if we breakout, the run from 5k to 10k can happen fast
currently hammering on parabolic support. a move up would negate the head and shoulders and failed breakdowns lead to monster breakouts.
1k is the measured move target. from there i can see a breakout to the upside or a selloff back to parabolic support.
AMC has cup and handle vibes with measured move to 30
Dollar going lower