nicholas287

nicholas287

Falling wedge breakout target back to previous local high at 215 before resuming uptrend momentum of the highee timeframe inverse head & shoulder breaout.

nicholas287

I am looking at this triangle that is still in play for bitcoin which is also a bullflag. BTC is due to breakout soon in around 10-14hours. Reasons: 1HR Ichimoku Cloud Support Aligns with our support for the descending triangle. I am looking at the possible 1hr ichimoku cloud acting as a perfect support at 22.3k before we bounce up to our next ath ~26k. Will...

nicholas287

As BTC breaks ATH today at 20k, we are heading to extreme volatility zones and an unknown territory. Our next immediate targets are looking to be at the 21,000 mark as we can clearly see bitcoin is in an ascending channel (Blue lines) with an overhead resistance at 21k. If BTC breaks out of this ascending channel, we can look at the possible ascending...

nicholas287

BTC is now forming in a bigger symmetrical triangle on the 4hr chart with an expected price movement towards -21000 (break upside) -17200 (breaks downside ,which is also a resistance level with multiple touchpoints) BTC is still holding well above the 4hr ema ribbon, which if there is a confirmation break below the 4hr ema ribbon (18670) it would initiate more...