Neo wave time cycle study gives me the confidence. weekly clossing on friday(06/18) is the end for corrective cycle 4/A. An EXTRACTING TRIANGLE pattern completed today gives additional cushion with stop loss Buying pressure and, weakness in gold and stocks will boost this crypto for 2 months for 4/B upto 51600 Levels given for long and shorts . ENJOY CRYPTO TRADING!!
Price has broken out of the LTF correction channel Price formed a triple bottom before breakout
This is my view on Vechan, after completing wave 5 on the way are ABC corrective waves. So I will look to buy it around 0.16 highlited area.
After peaking above the resistance level at $7684 briefly, price level took an immediate drop down before gaining support at the 0.618 FIB level. Now with support and resistance between $7400 / $7450, bulls are due to continue their moon mission after surpassing $7450 and closing there. The battle of the comes up at $10.5K. Until then we feast.
Im trying to visualize a cup and handle on BTC ...