A simple bullflag breakout on the weekly could take us to 12.1k

22 ביוני 2019

Breakout target from the current weekly chart bullflag we are breaking out of is the 12.1k range 3 horizontal lines of resistance stand in between the breakout target and where we currently sit. I think these resistances may only prove temporary at best based on how insanely bullish btc has been and think the 3 white soldiers pattern we got just now on the daily chart was a big bullish signal but also when we closed as a bullish engulfing candle on the weekly last sunday that was a huge hint as well. I think reaching the 12.1 target even with those 3 horizontal resistance lines in between at this point is very probable. The big correction of 31-41 percent may not occur for a good while yet at this point so it is now much safer to only buy dips instead of selling or shorting.

26 ביוני 2019

הערה

Bull Flag target has been reached with authority only 3 days into the new weekly candle...impressive. it may retrace her but could also very easily continue up with the next potential resistance at 13050