Bitcoin buy zone is the triangle

Best Long/Short time is before the 26/8 august time stamp

Comment:

added an extra 2 channel lines in orange

Trade active:

Reached The upper boundary of the triangle ( 9800 )

i suspect
1) current weekly candle to make a wick towards 8800~9000 area
only to close a red doji candle
candle close in 60 Hours

2) next weekly candle wick a bigger area 8600~9000

classic Ta school
price is forming a falling wedge targeting 11700

both schools confirms the movement
Date of 26 Aug is far away from the expected price action
so lets keep the date for that time

Comment:

whichever side gets the breakout , will trade accordingly

in case of a break to the upside . 8800~9000 buy area is cancelled for now and we immediately go for 11700

Comment:

price denied by the diagonal found here

back to the triangle again for buy
+ date of 26th is growing near

Comment:

Price reached triangle
Coupled with baakt news to support the analysis

we should see 13k or even 14k before end of current month
then correct by the time zones

Comment:

Channel that will occupy price for the duration
condition is a 4hr close above 10400 for the channel to be valid

breaking channel to the upside will result in further acceleration in speed

Comment:

above channel is invalid

as price was "late" in moving inside the channel
acceleration in the speed of rally will occur
target of 13~14.4k by end of month is still valid

Some important timezones coming up this week ,including mercury on the 24th
also i got a reading of date 14/9 being a bottom

Comment:

forgot to post this yesterday as i was hitting the bed

here is what i expect the price to do ,Explanation in the comment above