Jolly_Rodger

Jolly_Rodger

Upward trending channel. Sanctions against Russian Uranium miners and increasing demand can drive this one higer

Jolly_Rodger

No entirely sure if Mr. Whyckoff would agree with upper resistance lines so far apart but let's see how this plays out..

Jolly_Rodger

If the bulls can muster the strength to pull us out of these neater regions the supporting trendline leads the way to to semi subspace. Pivot points tend to be a pretty good indicator of take profit zones like you can see around 76k. Short term the bears will most certainly toy around with the big coin.. That gives us opportunities to accumulate some more Satoshies.

Jolly_Rodger

Pure technical possibility one should consider when holding BTC. Of course I hope that the pattern will be invalidated by a breakout at the right shoulder and a following rally. But hope is not a strategy ;*)

Jolly_Rodger

Long posistion from a bounce on the bottom of the channel.

Jolly_Rodger

Hit first profit target now waiting for a retrace to complete and make a reversal to get back in

Jolly_Rodger

Seems like a buy to me. But maybe wait for a trendline break and retest