Two potential Plays for BITCOIN

29 thg 11, 2023

From analysis on the Weekly chart, bitcoin could continue pushing towards 44k before retracing or could soon retrace back to trend line before blasting off.

4 thg 12, 2023

Ghi chú

Bitcoin went with Plan A. Now expecting a pullback around the 44/45k area

6 thg 12, 2023

Ghi chú

impulsive push to the upside mitigating weekly supply as expected. Looking for a pullback to the trend line before next impulse.

11 thg 12, 2023

Ghi chú

Playing out as expected.

30 thg 12, 2023

Ghi chú

On the daily time Frame bitcoin is playing out a bullish Pennant. Price could push up to around 46k on positive ETF news and then drop further to the Trendline before taking off around halving time.

cdn.corporatefinanceinstitute.com/assets/pennant-pattern-1.png

1 thg 1

Ghi chú

Dropped down to 4h time to see how price is developing. 1H order flow is bullish and just got a fractal change of character on 4h. (all bullish signals). Looking from price to close and hold above 44k

2 thg 1

Ghi chú

price broke closed above 44k and broke out of pennant!! Tomorrow is going to be a great day for the mining stocks

12 thg 1

Ghi chú

Break and close below 40k and we heading down

13 thg 1

Ghi chú

This area is key...could go up from here after a 4th trendline touch or retrace further. seeing a lot of divergence so I have a feeling it may go lower

15 thg 1

Ghi chú

Seeing some a nice reaction. Lets see if it can hold

23 thg 1

Ghi chú

23 thg 1

Ghi chú

24 thg 1

Ghi chú

26 thg 1

Ghi chú

28 thg 1

Ghi chú

4h switched bullish to help facilitate pullback. My guards are still up

8 thg 2

Ghi chú

11 thg 2

Ghi chú

7 thg 4

Ghi chú

looks like a triangle is playing out right before the halving. We could see a break to the upside.

8 thg 4

Ghi chú

BTC broke out of triangle and can see a push to 80k