KurtisDunphy

Inverse Head & Shoulders forming, potential entry point.

International expansion.Banking facilities to come.Rewards of 5x greater value than CDC.Referral system recently launched.Limited supply with an anticipated supply shock.The exponential increase in sign-up volume.Metal cards, layer-2 & NFT support are in the works.___I'm probably missing something.... but need I to say more.___Plutus has been exceptionally stable over recent months, something that cannot be said about 99% of crypto assets. Plutus has value because it is built entirely on utility, not hype.Not your keys, not your crypto - Do your own research.

The final level of support for Bitcoin to complete its 2nd false macro H&S in the past 12 months.I anticipate a higher low to form in the days and weeks to follow should this trade play out correctly.A break below $39,600 would signal a restest of 37.3k.

Possible inverse head & shoulders about to play out, look for a break of the neckline for confirmation.TP: 51.5K - 53KSL: 43.8K

BTC has broken through our first level of resistance - the micro falling wedge that we identified as a bullish formation.BTC is now flirting with our next level of resistance that has been respected since the 10th of Novemeber (illustrated by the blue line).A break of 50k will signal a potential end of the recent downwards price movement, a possible outcome that is backed by our MACD indicators, which are also signalling potential bearish exhaustion. Analysis of previos Chrristmas BTC price action shows that historically the asset can be quite boring. With the exception of course being in 2017, where bitcoin saw a significant correction follwing its 45% sell-off, rising approximatley 30% in the week that followed._______What do you think? Will this Christmas be another boring day for Bitcoin, or will we see the start of a new bullish wave like we did in 2017?My bets are towards the upside!

It's certainly going to be an intersting christmas in the world of crypto, with bitcoin approaching the end of the falling wedge that it currently finds itself in.Falling wedges are usually a bullish formation, however, with increasing fear throughout the global financial markets, we can safley assume that a black swan event could be just round the croner, sending crypto even further into the red.Personally, I favour the opinion that the current downwards momentum has been exhausted, and that a bullish breakout will occur.Building a long position in this price reigion with stop losses just outside of the wedge formation will allow for a low risk / reward swing trade, where by if we break to the downside, a low % loss will be incurred, where as if we break to the upside, the positon can be held into the weeks and months a head whilst the crypto market regains its strength.

Rinse & repeat.Sentiment & fundamentals are extremely bullish. Widespread option for retail through Crypto.com and intituions through Greyscale. The number of crrypto holders is growing exponentially, and will very likely be reflected soon when the bullish momentum returns.We are currently sat in a perfect accumlation zone (51-56k).Concerns: potential FUD to come as a result of Evergrande collapse. Use stop losses accordingly.

Inverse Head & Shoulders, possibly pointing towards a reversal in the recent down trend.What are your thoughts?

Great risk reward ratio if you can average in a good position close to the support line.Nice and simple, look for a confirmation break.Take profit: $63900Stop Loss: $57500

With BTC now toying with its previous ATH, we can safely assume it is prepped for a significant move.I am cautiously optimistic, favouring the upside where we may enter the frenzied bull market period, similar to what we had seen in 2018.Once we re-enter the price discovery zone, coupled with media attention and further announcements of institutional adoption, the sky is the limit.I will be taking profit and every significant price point, i.e. 69k, 74k, etc., should we reach these price levels.I am cautious because, at a glance, it looks like we could be topping out. However, with ETH putting in a new ATH as we speak, plus the overall bullish sentiment of the market in general, one can assume that BTC will follow suit in the weeks to come.It is also worth mentioning that the winter months are usually the best performing period for crypto assets.