Supported a by 4 hourly demand zone from 202-245 SL below 185 ideas is reclaim of pivot point and moon to r1 at 518. Hidden bull div spotted with higher lows and lower decreasing volume, which implies decreasing selling activities.
based on my crystal ball, my meme lines tell me that we will see a top of 55 dollars before we crash to 5 dollars. Therefore, you must all in your life savings in the 4th industrial revolution with the best digital asset ever created.
various pivot points idea is consolidate around 88594 and long to 99489
First resistance 1.71 Hidden bull div with higher lows and decreasing volume. Long CMP Target 1.85
If we hold above the parabolic trend line, you know where we are going ;) Chainlink, however, faces tough resistance, from here to 94-104keks where we will need sustained knocks at the supply zone. If successful, new ATHs will be in sight. If however, we do not hold and consolidate nicely above the previous supply zone at 70keks, then it could be start of a lower...
It's a very simple game now. Demand zone at 64k-70k. If it doesn't hold we are going to see 38k again. If it holds and consolidates nicely we get to test 94k ish. Pray for chainlink. LINK MARINES RISE UP
TA: As we can see, there is a daily resistance supply zone from 64keks to 70keks, with the 20day ma also acting as resistance which gives confluence. As such chadlink has to consolidate for awhile, before it can swiftly reclaim the 20day ma to break resistance of the supply zone at 64keks to flip it into a support zone. Doing so will reclaim the parabolic trend...
As we can see, from 21dec to 3rd Jan there was a lower low, however volume is increasing. This is a strong bullish divergence. This pattern is followed up with an inverted head and shoulders with nice volume pattern confirmations, as there is a declining volume on the way down on the left shoulder, and increasing volume on the way up, with the same applying for...
Keep holding. 160 sats minimum. Lower low but massive increase in volume.
Capital rotation from bitcoin should be flowing into alts soon. We're hardly at 2017 levels. The 5th test of resistance should break it to really see euphoric levels that we should then be wary of.
if dxy rekt, then we moon
Btc Dominance at 200 day ma support on the daily, we should be due for a bounce here. It could form the right shoulder for the H&S to set it up for a downside movement, or it can form a higher high and continue the uptrend.
So what is happening with bitcoin? As long as the 20day ma is still holding without a solid candle close below, the uptrend is still valid. But as we can see, the price is being sandwiched in a very tight zone between the 8day ma and the 20day ma suggesting a violent break to either side. Bitcoin faces tough resistance above 38k. Closest supports are 28k and...
Moon shot. Long .93-.96 and .69 and .76. SL 0.62 TP 5 dollars