Now... When you flip the chart back to normal, it reveals a pattern that really should be 'obvious' but it's quite difficult to remove the 'bearish bias' that most have, which is preventing them from seeing the large wedge on the daily chart...
Now that everyone is fearful, Smart money is acting greedy with regard to BTC...
BTC is deceiving us all.. It is silently mooning... Big money needed time to join the market...And their time is running out...
Get ready for the 'dump' (Actually means pump given the inverted chart)...
I've included an initial expected target upon breaking this major wedge & will re-assess once we've reached it. Stop-loss also added in event pattern is invalidated.
Previous BTC ideas below:
Good luck everyone, & good trades be with you.
*Ticker symbols below, ignore these*
BTCUSD SATSUSD BTCUSD BTCUSD BTCUSD BTCUSD BINANCEUS:BTCUSD BTCUSD BLX BLX BTCUSDT BTCUSDT BTCUSDT BTCUSDT BTCUSDT BTCUSDT
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Having a look at some of the weekly indicators, which are showing signs of potential bullish reversal!
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Here is a similar look on 3-day chart:
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Daily chart major bullish div on daily fisher transform
MacD daily bullish div
Stoch RSI showing both major & local bullish div.
Same situation with Ultimate Oscillator
Commodity channel index multiple bull div's
RSI double bull div
MacD daily bullish div
Stoch RSI showing both major & local bullish div.
Same situation with Ultimate Oscillator
Commodity channel index multiple bull div's
RSI double bull div
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Weekly fisher transform bullish signal
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2-week MFI hovering on support
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3-day MFI macro bulldiv + local indication of bullish reversal
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3-day CCI hinting to bullish continuation
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3-day RSI bullish signs
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Daily MacD
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Daily RSI
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Daily CCI
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Daily Fisher Transform
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Daily MFI
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12hr MFI
12hr RSI
12hr MacD
12hr CCI 12hr RSI
12hr MacD
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Renko confirming this ideas bias
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Related charts are scattered throughout this idea: