BitcoinLong
Turnaround Bottom?
red white and blue TL's are very deep rooted and all have been on this chart for days to months, I have not added anything new for days ,
except...
the dotted green, which are speculative!
I have had very good accuracy when this unlikely star pattern develops. I believe we will ride it up to yellow arrow on 1 and 4 hour, if we break it we will go to bottom of descending wedge (bottom right leg of star). If BTC breaks and closes on daily above on daily and hourlies, we then have that final confluence of TL's which I forgot to mark, if longs overtake, that becomes support and we have bottomed until we test 34 range again, and potentially since trend reversal from ATH??
70% confidence in prediction.
Long
except...
the dotted green, which are speculative!
I have had very good accuracy when this unlikely star pattern develops. I believe we will ride it up to yellow arrow on 1 and 4 hour, if we break it we will go to bottom of descending wedge (bottom right leg of star). If BTC breaks and closes on daily above on daily and hourlies, we then have that final confluence of TL's which I forgot to mark, if longs overtake, that becomes support and we have bottomed until we test 34 range again, and potentially since trend reversal from ATH??
70% confidence in prediction.
Long
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