Crypto Market Cap, BTC/USD, ETH/USD, USDT/USD, XRP/USD, Bitcoin
GBP/USD, GBP/EUR, GBP/JPY, EUR/USD, USD/CNY, DXY
LAND SECURITIES GROUP PLC ORD 10 2/3P, BURFORD CAPITAL LIMITED ORD NPV (DI), SMITH & NEPHEW PLC ORD USD0.20, BIDSTACK GROUP PLC ORD 0.5P, LLOYDS BANKING GROUP PLC ORD 10P, BARCLAYS PLC ORD 25P
FTSE 100, DAX Index, Euro Stoxx 50, S&P 500, Nasdaq Composite, Nikkei 225
Gold, Silver, Crude Oil, Brent Oil, Natural Gas, Bitcoin
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
We appear to have made a "Bull Flag" in wave 4 and now reaching for wave 5 of the impulse?
Most recent targets have been met and now it looks as if most recent resistance broken!
I link back to an older chart I did to show possible short term outcome and larger macro target $13.8K/14K?
This "Diamond Pattern" signifies a possible throwback before moving back up.... see Bulkowski scenarios:- thepatternsite.com
I have put the two targets on of which one has been met the Bulkowski calculation and the other being the measured move!
Classic symmetrical triangle with Pivot passing through APEX and consequent indecision in the market.....moves soon in either direction possible!
Nice TV like the new colour scheme!
Probable reasoning why we stopped at this level using Bulkowski formula:-
Wedges, Rising, down breakout Target =0.032729 Break=0.03542 High=0.03717 Low =0.03132 [Lowest low or B - ((H – L) * 46%)}
As bizarre as it seems I think we could remain in this channel for sometime (black lines and broken median)!
H&S local top front run in my opinion from measured target but met Bulkowski parameters.
Caught me napping though the signs were there....did it you?
Possible outcome bullish scenario!
It seems to me btc in holding pattern whilst it navigates through these significant trend lines!
In my honest opinion we have just made this target with a possible doubling if Bulkowski chart pattern analysis plays out?
Although the week has a couple of days to close the candle has already broken the cloud!
We seem to be making a leading diagonal in wave (3) of a higher Wave 5 of the most recent push up from the lows in March!
I still like the earlier macro "Descending Broadening Wedge" target in the area of $13880.
Is this the signal to climb?
Because we are making higher highs and higher lows it is possible we are in Wave iv looking to break out now to a higher degree?
Are we doing some sort of "Triple Combo Wave" in a higher Wave iv before taking off?
Since the rounded bottom or C&H whichever you prefer we have been on a "tear"!