Prediction based on previous performance of Bitcoin from 2013, from Halving to breaking previous ATH to setting a new ATH. Yellow lines indicate the Halving. Projected Halving date of May 6 2024. Purple line indicate the days after the halving the ATH was broke. Green line is days after the halving the ATH was set. 2021 Green lines were placed on chart prior...
If we run into strong resistance at the previous top of $13,868, it may be looking bad for the bulls. There is potential for a high time frame double top that could push the price down to $7,000 or $6,000. Best case scenario is we have a clean break and shot up over $14,000. Next best would be a cup and handle into early 2021 with little price action and a dip to...
Potential for a 4 hour cup and handle if the 4 hour starts to pull back. A break of the previous low will likely form a double top. Lots of room to form the handle.
Possible Mega bullish pattern of a weekly inverse head and shoulders pattern. Waiting to see how the next few days close. The Yellow line is projected halving. COINBASE:BTCUSD
Litecoin is looking for a break of this tightening range. Solid resistance along the top red line as it has touched 10+ times since the original dump. Need to see volume to expect a break up or down. If we break up we could be looking at the most recent high as closest resistance. Break down will be looking to test the low. Good trades for bulls or bears. Good luck.
Watch the red line, a break above it will result in a trend change from a long term bear market. but a break below the green line will continue with the bear market. PS: This is my first chart