1. Asc wedge, followed by H&S, then BBB (Bye Bye Bitcoin)

We have a very nice ascending wedge on the daily, marked in yellow,
If the wedge plays out (orange curve) then we will achieve the area where the huge H & S get confirmed.
Once H & S is confirmed BTC will (free) fall in the area 6.9 / 7.1 or below.
I'm curious if this will happen.
The only chance for the bulls to escape is to go upwards ... NOW and QUICK

Kommentera:

And - btw - if the daily candle will close in this area we have an evening doji star, means trend reversal in an upward trend.

Kommentera:

...and a good chance to touch MA 50 again - currently at about 7.3, you can see it in the chart.
It‘s a long time ago and hence very overdue to get in contact with MA 50

Order avbruten:

idea unvalid - bulls escaped to the north .. ;-) .... at least for the time being - until they will met the Night King there...

New ascending wedge already build and instead of H&S now I guess it's a huge symmetrical triangle wich will break down in a few days.
I'm still convinced we will see BTC under 7k in near future - maybe even under 6k.