Adam_Polinak

BTCUSD: A Pennant within a Flag

Adam_Polinak מעודכן   
COINBASE:BTCUSD   ביטקוין
We could see some explosive moves by close tonight. BTC is reaching near the end of a pennant which would also break out of the huge bull flag
הערה:
4h below but flag looks best on daily
הערה:
daily
הערה:
50/50 up vs sideways/little down like I said in my YT video yesterday... put this on charts until invalidated. It is the price action I have been watching that makes me a bit skeptical that the big move is now.
הערה:
Low volume. Everyone waiting for iH&S to break to buy in but I believe that was invalidated yesterday with a failed breakout
הערה:
New YT video up. I go through BTC EOS ETH and LTC. Link in signature and profile.
הערה:
Holy sh*t folks here we go !!
הערה:
We broke neckline for a bit.. now watch for a pullback and then a retest for the breakout
הערה:
5m
הערה:
welp if you watched my YT video you know the target for this move
הערה:
So I took a step back and looked at the daily instead of the lower time frames since this price action is unexpected (expecting big pump). Sometimes when you switch time frames the trendlines may be off. But on the daily it looks like we are still accumulating below the top of the flag and still waiting on the real break up.
הערה:
We got it folks! Also new YT video up where I compare the better investment right now: BTC vs TSLA
הערה:
Not much to update today here guys... My target is still 17K.
הערה:
Look at this guys ! beautiful support (previous resistance) right on the top of the flag. Looking good so far.
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