BTC 🔵 or 🔴 ?

16 févr. 2023

Roses are red, violets are blue. Bitcoin pumping⛽ but currently being below trendline resistance. I have 2 bullish scenarios in my head how we could get to the target. Blue🔵 or red🔴? We could hit the target in few weeks anyway. Target being projection of the previous range 100%-0%, it's just measured move added to the range high (100% @ 21480). Simple yet powerful technique. See the REKTanglez😁 on pic below, and it should be clear.


PS: Hover over the BIZ circle and you will find a treasure!

Check my other stuff in related ideas.

Please boost🚀, comment🗣️, follow me✒️, enjoy📺!

⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.

16 févr. 2023

Note

Are we going to test these rising wedge edges? Currently @ 26100-26500.

16 févr. 2023

Note

Price still attracted by that macro Uptrendline:


Closer look:

16 févr. 2023

Note

The last 2 charts above with cyan macro uptrendline are log scale.

👇 Major Downtrendline (also log scale) broken and backtested. Sent the price up making higher high:

17 févr. 2023

Note

Seems like BTC is going the blue way. Rejected by the yellow uptrendline resistance and now testing the support level @ 23450. Bounce up? Break down could mean drop to the channel lower edge + cyan downtrendline confluence

17 févr. 2023

Note

Check the pic down below for lilttle update:

18 févr. 2023

Note

It's going quicker than expected but BTC is following the blue path precisely. Check the updated chart with details down below. Are we ready to the ride up to the 25537 resistance?

19 févr. 2023

Note

Update:

19 févr. 2023

Note

Another bullish argument👇