-liquidity pools at white lines
-triangle formation atop fast move up
-gan fan from recent move and one dating back to Nov '22 coincide
-lost support of 50ma on 12h tf
conclusion: before any significant move upward,
i think that bitcoin will first reclaim liquidity around
the 97,700-99,988k zone. if support lost there, next zone below would be ~90,225k. this...
An extreme local inverse head and shoulders formation can be observed in the area circled in white.
trading just under local VWAP, great entry for anyone lacking potassium.
HL double bottom observable on the daily chart.
if recent trends continue to develop, a strong surge past $0.00162477 could lead to a increase in momentum.
$0.00210914 would be...
