BITCOIN: inverse head and shoulders? 12'000$ BTC in september?
Hi dear crypto community.. its me again!
I noticed a inverse head and shoulders pattern being confirmed soon. If true.. expect a pump as long as the neckline of the pattern.. this means not only a pump past the resistance at 6800 and 7150 but as high as 7600 to 7700$ BTC! Also watch out for the wedge pattern closing on 2nd august. If we can enter in the wedge or even surpass it.. would also confirm a serious comeback!
This could be the start of the next bull cycle that will maybe come in august to september.. then only 10k (psychological barrier) and 12.2k (never touched again since january 28.) will stand in our way for a new ATH!
Feel the bull coming! ETF's being applied and SEC will run a decision starting mid august. If approved.. well ;)
green bottom line = bottom support at 6k
red line = 20 daily mm.a
green line = 50 daily mm.a
blue line = 200 daily mm.a
black rsi = between 40 and 60
I noticed a inverse head and shoulders pattern being confirmed soon. If true.. expect a pump as long as the neckline of the pattern.. this means not only a pump past the resistance at 6800 and 7150 but as high as 7600 to 7700$ BTC! Also watch out for the wedge pattern closing on 2nd august. If we can enter in the wedge or even surpass it.. would also confirm a serious comeback!
This could be the start of the next bull cycle that will maybe come in august to september.. then only 10k (psychological barrier) and 12.2k (never touched again since january 28.) will stand in our way for a new ATH!
Feel the bull coming! ETF's being applied and SEC will run a decision starting mid august. If approved.. well ;)
green bottom line = bottom support at 6k
red line = 20 daily mm.a
green line = 50 daily mm.a
blue line = 200 daily mm.a
black rsi = between 40 and 60
Trade closed: target reached:
We broke resistance on the bear line since january 20.! Now we are officially in a short term bull! Expect 8k soon and then alts will have enough air to rise from the ashes..
We broke resistance on the bear line since january 20.! Now we are officially in a short term bull! Expect 8k soon and then alts will have enough air to rise from the ashes..
