rfc4

rfc4

Potential bullish falling wedge on #bitcoin $BTC. Finding support on the volume profile. Still doing some battles with the VWAPs. Keep an eye out for a big volume move + a close above the VWAPs for confirmation and further upwards movement.

rfc4 Updated 

$BTC #Bitcoin Short-term potential head and shoulders pattern. Max retrace likely to $53k-54k. Above $64k and it should be negated.

rfc4 Updated 

Weekly log scale chart showing wedge. Price is respecting short-term EMA clouds and 8W VWAP. Suspect a retest of prior high of $64k in the coming weeks with a longer test up to $87k.

rfc4

Feels like only a matter of time. Large wedge. Still holding the idea that the next leg up will test ~$87k.

rfc4

$TZA broke long-term EMA cloud and is going to test the 200D VWAP along with the most recent trend line. If structural decline continues to happen on $SPY (looking like it will for at least another day or so this week) then this could be a good play.