$BTC - finally moving - 68.5K target
I have been getting very tempted to completely derisk as we just weren't moving up at all, was feeling a bit toppy
Huge bull flag break and no move up at all - first time this has happened since we cracked the 20K ATH
But if you look on the 1D chart the sell offs from range highs of 60K have been getting continuously smaller, with HL's printing each time
Gave it a bit more time, we had a little scare on the 7th April, which ended up being a deviation of the micro blue range marked, as we got a bounce from the previous weekly open
Big bull flag broke into a smaller bull flag break, bullish accumululation x2, both target almost the same number using the measurement method - 68.5K
The bigger bull flag also held it's mid-point so it will still be valid also
Good green volume on this break, which is very good to see
A retest of the micro range high 59560 - level we could not flip for weeks, or the previous deviation high - 60400
IMO I would increase some BTC exposure especially if we flip the previous ATH which I expect to happen!
Huge bull flag break and no move up at all - first time this has happened since we cracked the 20K ATH
But if you look on the 1D chart the sell offs from range highs of 60K have been getting continuously smaller, with HL's printing each time
Gave it a bit more time, we had a little scare on the 7th April, which ended up being a deviation of the micro blue range marked, as we got a bounce from the previous weekly open
Big bull flag broke into a smaller bull flag break, bullish accumululation x2, both target almost the same number using the measurement method - 68.5K
The bigger bull flag also held it's mid-point so it will still be valid also
Good green volume on this break, which is very good to see
A retest of the micro range high 59560 - level we could not flip for weeks, or the previous deviation high - 60400
IMO I would increase some BTC exposure especially if we flip the previous ATH which I expect to happen!
Nota
this is defo gonna pop in the coming daysI expect some XXXUSD pairs to continue rising with it, the big caps, ETH LTC etc., but most will likely chill on the side, maybe see little draw down
Any XXXBTC pairs will drop in sats value so maybe take some profits on these positions if you can
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.