JourneyBTC

JourneyBTC

This is a rough PnF analysis of the FRM token, assuming continuation of the bull run. Analysis shows targets of ~40c in close future and ~78c for longer term targets

JourneyBTC Updated 

The 490-year beautiful accumulation range screamed buy! Are hedge funds so clueless?

JourneyBTC

Orange or green? What's your view?

JourneyBTC

We are all waiting for BTC to do something, but institutions are a lot more patient. Seems like Bitcoin is still early in reaccumulation phase. If we see BTC setting higher lows going forward I suspect we will head for an uptrust then a major Spring may come before we continue the bull run! Lets see how this post ages.

JourneyBTC

If the breakout happens target is ATH?

JourneyBTC

Seems like fresh supply came at higher levels preventing the accumulation range to break upwards. Forming a new TR within the larger TR. Monitoring the volume signature closely. If supply doesn't show sign of exhaustion and doesn't record higher lows, we will be back at the wider TR.