Bouncing off wedge support With BTC bouncing off weekly support too -- High target .62
Pltr is in descending triangle yet we had huge momentum at weekly support w/ that nice intuitional candle. Inside bullish engulfing close yday - Divergence spotted on daily With them being a major league defense player, fundamentally its likely they get even more activated by US gov to combat the pipeline attack and future similar at
Strong move supported by Long term up channel and 50MA Bounce off of 200MA DMA cross imminent Target last resistance
Retracement likely at this level Caught major support with nice divergence apparent on daily. Target 50K ish
Daily back above 200MA H4 closing above 50MA Strong momentum following wave 2 Next Stop 711 ish
We all know BTC runs the show. My theory is that because the 50MA and the 200 MA are converging --coupled with the bullish daily momentum divergence on price with "W' forming-- Bullish until BTC hits 50K again being that this may just be a retracement from the current down trend BTC is in. BTC shows major resistance at 49,500\50K range. First Target Golden area of...
Still awaiting confirmation but if the up channel is holds in the next few days we can expect to head back up
Caught Support on longer term up trend line--Nice W plotting Daily Divergence spotted
BTC looks to be rejecting trend line from last high
Up trend from year beginning has been breeched We go lower from here Weekly momentum trending downward Daily broke 50MA
Nice divergence plot on daily Weekly support hit and being held up Push outside of curve imminent Inside bars being plotted inside Cypher Pattern
Looking at the waves -- 52k ish likely before descending to the weekly support @ 30k ish
Nice double bottom on daily Momentum rolling in Looking to break outside of trend Target 48.59
Reached the ending of triangle - expecting a push up but waiting for confirmation