Falling Wedge down towards 'double-bottom' level on the daily. The 4H + 1D StochRSI should be floored, as well as a large Falling Wedge at play. If we do bounce here, then I expect a bullish push up towards the top resistance line.
$BTC is currently touching the 1-Week bottom Bollinger Band. >>EVERY<< single time it has touched the bottom 1W BB, it has had a significant bounce (indicated by the blue arrows). It is also close to hitting the LONG TERM uptrend line (blue line) which has ALSO provided significant support & bounces since the dawn of time.... :O.... Ok, a little over-dramatic...
ICXBTC Has a big catalyst coming up, which includes a main net swap + token burn + staking!!! 3 big events all in 1. Even if it doesn't do a parabolic rally, if this is the beginning of another altcoin spring then just HODLing the coins for staking would bring in the passive income that many investors look for, and with altcoins rallying over time that income will...
#PampIt #MakeBitcoinGreatAgain #Bulliever
Price currently sitting on support within an ascending triangle. Target is around 1500s. Low volume now, but should pump with market as altcoins get cycled through.
Looks bullish. Resistance Level + Inclined Support = Ascending Triangle.
Re-drew my harmonic to match a Gartley... If it does bounce around current levels (oversold on the daily, so chances could be good) then there are 2 very bullish things to look for. 1st would be the fact that we are making a higher low. 2nd would be if we break the downtrend. If we do these 2 things, then we should have a significant rally upwards. Possible...
So, this is a bit over-stretching... but.... 1D Bullish Engulfing on the Ichimoku Support can pin this baby in a shark (or w/e the fuck you want to call it) harmonic.. If so.. we could see this baby rally for quite some time. Again, too early to call it... but I got my eyes on this. Also, fuck EURO... stupid shitcoin. Short that shit to $8. (Inside joke)
I think we will break bearish and whales will accumulate a bit more below, because market is just way too bullish rn. Smart play = Be hedged @ center of diamond and stop yourself out @ confirmed breakouts.
I'll probably long ETH soon. Don't bother setting any TP points. Just follow Bitcoin to see when you should exit. Also, follow bitcoin to see if you should even enter ETH. When BTC bounces, I'll enter ETH. People can talk shit about ETH being a shitcoin all they want.... I'm just in it for the money.
EXY headed to fill a gap from the 29th. Once it does, it'll most likely hit hard resistance and complete a harmonic pattern.
Harmonic + Diamond Pattern. DXY Also looking like its about to correct upwards.
3 TP targets set AUDUSD also looks bullish af with an inverse H&S playing out. Guess AUD going for a run.
So, the last swing trade went through pretty great... on paper. Since my dumb ass didn't hodl my 400K long @ 6260 and was caught holding my d#%^ until the trend reversal where I got a shitty little short at play... -.- Anyways.... I think we'll see something like this. We are oversold on the weekly still and the large Falling Wedge is the first pattern to get...