Double C wave/ Double Bottom forming $xrpusd $linkusd

12 апр. 2020 г.

previous resistance now attempting to act as support, we could have a double C wave form and a double bottom on bitcoin. The chart shows previous resistances now acting as support, we need to continue to monitor the price action to determine at which level C wave will form. Gut tells me shorts think this will form into a head and shoulder. That is true it could, if it doesnt break $7400 again, it could dip sub 7k one more time and form c wave there, which there still is support from the previous resistances. Imho I see this as a bear trap and jet fuel for a breakout above $7400, which leads to a run of $9200 A target I seen formed by the AD, which gave me an Ascending triangle. I posted this in previous charts.

Disclosure: long xrpusd, bitcoin on c-wave w/ confirmation stay tune

12 апр. 2020 г.

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12 апр. 2020 г.

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c wave activated?

12 апр. 2020 г.

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xrpusd tracking same as bitcoin

13 апр. 2020 г.

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A front row seat

13 апр. 2020 г.

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and there it is again

13 апр. 2020 г.

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Previous resistances acting as support

13 апр. 2020 г.

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now watch how the parallel channel helped me find the bull flag come out and play

13 апр. 2020 г.

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Intraday resistances level

17 апр. 2020 г.

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flag breakout on the 1hr time frame

17 апр. 2020 г.

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another flag breakout looming