TopTraderJas
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TopTraderJas
BTC is creating a C&H pattern, with the target price just below $GETTEX:97K Will it go the extra mile to reach $100k?
TopTraderJas
You may notice a H&S pattern on the 6hr or less chart. It’s broken out, retraced, but showing slight signs of weakness, in volume, and structure. If it plays out, this could be the beginning of the next leg up to $70K and maybe beyond. A fall below ~ 59K -ish could confirm break of pattern and could confirm the pattern invalid. JasTarget has been reached hitting just about $64K.
TopTraderJas
Extending a Curved line to most of the Bear Market Lows, you can see there's strong support. If the price confirms below this line, I'll getting out, and seeing what happens,
TopTraderJas
As you can see BTC, is forming a cup and handle pattern, and descending channel, on the weekly chart. Both are a bullish pattern, and being on a higher timeframe, it could have more weight. Both price targets are the same, reaching approximately $127K Thank you. Jas
TopTraderJas
A long term overview of BTC, The long term trend lines from each bottom and top since the beginning, converging in 2027, forming several ideas, as ascending triangle, and ascending wedge. one bullish, one bearish the next 3 years will be very telling. Enjoy.
TopTraderJas
Bearish ideas forming around the recent price action of BTC.
TopTraderJas
Just some TA I gathered from drawing some lines, Could get rejected for not and carry that moment to the top of the head, bottom? If it plays, it would lead to a highly supported area, and more stronger support lines that could give it that bounce to continue to new ATHs
TopTraderJas
BTC is in a descending wedge, with a double bottom pattern, w/ divergence on the MFI.
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