UnknownUnicorn11758942

UnknownUnicorn11758942

;)

UnknownUnicorn11758942

Looking for the trend to hold (EW and trend confluence) and one more impulse to the downside ( wave 5) before a potential reversal to the upside or further continuation to the downside.

UnknownUnicorn11758942

If previous resistance(purple) that turned into support holds, Cardano will establish a lower low which may be the first sign that we are entering the next parabolic bull cycle. Of course this is purely speculative and it heavily depends on the performance of bitcoin over its next cycle. Lets see what happens.

UnknownUnicorn11758942

Looking for a break or rejection at the upper wedge resistance for a direction of the next wave.

UnknownUnicorn11758942

its all on the chart

UnknownUnicorn11758942

Beautiful setup after ABCD pattern

UnknownUnicorn11758942

clean

UnknownUnicorn11758942

After flipping the 12k Head and shoulders Neckline into support, bitcoin may test 14k (1.618 Fib) given the broadening wedge plays out. TP1 13k TP2 14k

UnknownUnicorn11758942

Also printing a nice bullflag on the 15

UnknownUnicorn11758942

Fibs are lining up nicely with support and resistance levels. IF neckline of 12k Head and Shoulders is breached then further upside continuation is likely.