BTC path to new highs PART2.1 technical.
Hello.
This is an in-between TA for BTC as we now have a successful breakout on our last call. There are many interesting resistances and patterns emerging as time goes on and I wanted to show my little more precise hypothesis moving on from here. We will likely see a breakout of this upper line we are stuck on now between the range of 12,7k to 13,2k(in mid November it'll be more like 13,4k) and this is likely printing out a bull flag or pennant during the next couple of weeks before we are ready to take on the massive RSI wedge breakout.
If you are long since last post, you might want to renew it at some lower point here but keep in mind the range is 12,7k to 13,2k.
if you are waiting for a position, this is neutral grounds now, work you strat.
Breakout confirmation is at 13,5k.
All in all, this is leveling nicely in really bullish territory, we are likely seeing an minor ALT-season next during this flag correction on BTC.
Stay Safe,
B
This is an in-between TA for BTC as we now have a successful breakout on our last call. There are many interesting resistances and patterns emerging as time goes on and I wanted to show my little more precise hypothesis moving on from here. We will likely see a breakout of this upper line we are stuck on now between the range of 12,7k to 13,2k(in mid November it'll be more like 13,4k) and this is likely printing out a bull flag or pennant during the next couple of weeks before we are ready to take on the massive RSI wedge breakout.
If you are long since last post, you might want to renew it at some lower point here but keep in mind the range is 12,7k to 13,2k.
if you are waiting for a position, this is neutral grounds now, work you strat.
Breakout confirmation is at 13,5k.
All in all, this is leveling nicely in really bullish territory, we are likely seeing an minor ALT-season next during this flag correction on BTC.
Stay Safe,
B
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