tsellucf
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tsellucf
I think BTC wrestles with the top and bottom of this box before continuing this recent moveIt pumped straight into .618 fib resistance at 64.5k, and has a .382 fib support at 63kYou can see in the 1st pic that this has been a respected zone for months. Look for 63k to hold for a move towards the top of the descending broadening wedge 67.2-69k
tsellucf
On the daily chart bitcoin is clearly in a huge ascedning triangle. The A and B points are set so we know the breakout target will roughly be 105k.Pretty cool how well price is currently respecting the triangle and trying to stay within it.Think the C and D points shift to different lows/highs and this triangle expands which will be more bullish allowing price to breakout farther away from the apex
tsellucf
tsellucf
We got a bearish Gartley on the bitcoin hourly. This would print a downside target of 57.9k. Will most likely be decided after CPI tmrw
tsellucf
tsellucf
Nice little XABCD pattern on the hourly for bitcoin should take us to 60-62.4k if it plays out
tsellucf
Really clean c&h on the weekly. The measured move from this breakout should take us to 125-132k. Some hopium during this selloff lol
tsellucf
Might be possible that BTC is forming a massive bullish pennant on the daily, and maybe that's why it's respected the 60-70k range so well. A breakout from a pennant of that size would send us well over 100k
tsellucf
BTC looking good on the 1 hour. If it stays in its current regression and keeps riding the trend line from the 63k lows it should launch out of its triangle Monday night at the latest (pinnacle 69.8k). Target remains at 71k (top of tl on daily) BBWP also indicating it's ready for its next move
tsellucf
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