Double C wave/ Double Bottom forming $xrpusd $linkusd

12 thg 4, 2020

previous resistance now attempting to act as support, we could have a double C wave form and a double bottom on bitcoin. The chart shows previous resistances now acting as support, we need to continue to monitor the price action to determine at which level C wave will form. Gut tells me shorts think this will form into a head and shoulder. That is true it could, if it doesnt break $7400 again, it could dip sub 7k one more time and form c wave there, which there still is support from the previous resistances. Imho I see this as a bear trap and jet fuel for a breakout above $7400, which leads to a run of $9200 A target I seen formed by the AD, which gave me an Ascending triangle. I posted this in previous charts.

Disclosure: long xrpusd, bitcoin on c-wave w/ confirmation stay tune

12 thg 4, 2020

Ghi chú

12 thg 4, 2020

Ghi chú

c wave activated?

12 thg 4, 2020

Ghi chú

xrpusd tracking same as bitcoin

13 thg 4, 2020

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A front row seat

13 thg 4, 2020

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and there it is again

13 thg 4, 2020

Ghi chú

Previous resistances acting as support

13 thg 4, 2020

Ghi chú

now watch how the parallel channel helped me find the bull flag come out and play

13 thg 4, 2020

Ghi chú

Intraday resistances level

17 thg 4, 2020

Ghi chú

flag breakout on the 1hr time frame

17 thg 4, 2020

Ghi chú

another flag breakout looming