BTC - BULL IS COMING - If we break this resistance...
We are testing a key resistance right now!
If we manage to break through we are close to a HUGE breakout.
We will be in full BULL MODE once we break out of the huge falling wedge.
Most of the time we also see a retracement to the breakout level of the wedge, so if you want to play it safe wait for drop.
Note
If we don't break through this resistance and we we will follow the red line, else I predict the market to follow the Elliot Wave
Note
PS: You even got a bullish head and shoulders pattern to support the bullish movement
Note
If you think this information is helpful, please support my posts by your LIKEs! It will motivate me to write more posts and share with you my ideas about the markets. Thank you!
Note
Small Update (full first elliott wave + target) mainly because this one is not that pretty ;)
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.