Nelty

Nelty

BTCUSD is forming Adam & Eve double bottom pattern on daily chart. As you can see, the first attempt to break 11.7-11.8k failed which caused this double bottom to form. Overall, the pattern suggests a bull run to the neckline but not necessarily higher. Key to understand with Cup & Handles, double bottoms, W-bottoms, Head & Shoulders, etc. is that price needs to...

Nelty Updated 

Bitcoin is stuck between two curve lines. Clear signs of consolidation before a LARGE break out. Dates seem to indicate a break out around Jan. 20. If it breaks out to the upside, we can expect a retest of ATH very fast and then continuation of the bull trend. Entry: now - 14 000 Stop-loss: 12 800

Nelty Updated 

Based on TA the support levels are 117 and 110, while resistance levels are 126 and 130. We should stay within that range for now. Doge should have decided which way to go before June 11th.