BTC - Ranging since Feb. Oct 20 Trendline Still in Tact. Buy!
Our October of 2020 trendline is still intact. We hit that and bounced hard. On this 4 hour chart, you can see we're currently resting on our trendline from Feb. of this year. I think between these two trendlines providing enormous support and the fact that we have been ranging between 50k and 60k since Feb., BTC has never looked more bullish to me.
For several years I have been calling 80k this year. And actually, this chart, along with recent daily price action, has been enough to convince me that I am wrong again. We're not going to 80k this year. We are going to 100-120k. I can think of nothing more bullish than what I am seeing on these charts.
Happy trading all!
For several years I have been calling 80k this year. And actually, this chart, along with recent daily price action, has been enough to convince me that I am wrong again. We're not going to 80k this year. We are going to 100-120k. I can think of nothing more bullish than what I am seeing on these charts.
Happy trading all!
Komen:
And now.
You can see how strong the Oct 5, 2020 trendline really is!
We go up from here.
And now.
You can see how strong the Oct 5, 2020 trendline really is!
We go up from here.
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Prophesying the price action of markets one chart at a time.
Crypto predictions, targets, how-tos, and much, much more!
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stewdam.us
12 hours ago.