TOMOUSDT bounced off the falling wedge support as expected from my previous analysis.
Price is testing the wedge resistance.
We could see a breakout above the falling wedge resistance ⬆️ or a rejection of the resistance level ⬇️.
Its about time this dumped, CME gap waiting at around $9,000 im sure.
Nice set up on the 4H timeframe at prior monthly candle and wick PA where it dumped from $20k before.
Fib retracement aligns with top TL of wedge, want this 4H to close below 78.6 bit of an impulse entry..
See what the week brings, 27th Nov seems a good day to send it.
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So i can see price pushing up to $20,000 before a retest of $16,000 before bulls take a hold of price again pushing it past all time highs as most countries are pushing for a cashless society. If you are not holding any BTC now...
I am firmly bullish for the long term. Major institutions are stacking sats very quickly and price has rocketed nearly 120% YTD. Bitcoin has seen many records broken this year, it’s only a matter of time until the retail FOMO begins. Price has found resistance at the 78.6% fib level (~$16,500). Currently waiting for the price to break up above this level where...
But i did not report it as the thief spends less than my wife! Hahaha.
This is not a true story but i wish it was, if anyone would like to come steal my wallet and save me thousands of £££££ a week i will leave it on the seafront in Rhyl Wales tomorrow.
Anyway as Eminem says "Lets get down to business, i dont have no time to play around, what is this"
BLZUSDT is testing the ascending channel support.
Price action is printing a minor ascending triangle.
Buy entry ⬆️ - breakout above the minor ascending triangle resistance.
Target 🎯 - fibonacci extension levels.
FLMUSDT is consolidating in an ascending triangle pattern.
Breakout is imminent.
We could see a breakout above the ascending triangle resistance ⬆️ or a breakdown below the ascending triangle support ⬇️.
XLMUSD has had a great couple of weeks, well done to anyone who has held long term. I am keeping a keen eye on the PA behind this coin and think we might have found short term support, to avoid a sell off back down towards Fibonacci. This being, the upside have a better confirmation, as and when the price is able to hold above the Fibonacci resistance line shown,...