Road to 10500-11000
Diupdate
My previous BTC idea worked 100%.
There are many reasons why i think 10500-11000 is possible now.
On 2h and 4h rsi formed beautiful falling wedge. MACD on 4h has bullish convergence. on weekly timeframe stoch rsi has some room to go and macd just crossed bullish.
Also we have confirmed bump and run scheme, we have very similar inverted fractal from late 2019.
There are many reasons why i think 10500-11000 is possible now.
On 2h and 4h rsi formed beautiful falling wedge. MACD on 4h has bullish convergence. on weekly timeframe stoch rsi has some room to go and macd just crossed bullish.
Also we have confirmed bump and run scheme, we have very similar inverted fractal from late 2019.
Note
Also, very interesting moment. If you look on 1d chart, there is a trendline on MACD from all price peaks between 2017 and 2020. and now you can actually see that this trendline has been broken to the upside. the same can be said on RSI.
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