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2024-09-23 06:46:13

OrriginalCrypto on Nostr: #Bitcoin has been banging up against resistance all weekend, as suggested on Friday ...

#Bitcoin has been banging up against resistance all weekend, as suggested on Friday and we are now very possibly about to see a draw back. Look at that Candle for today.. That shows a Lot of indecision.
Now, I maybe being Hopeful here but we could print an inverse Head and Shoulders pattern. - BULLISH
A Measured move from that takes us to 74K usdt
~And it has to be said, that despite all the Bleating last week about how "This is It" and "Bull Run returns", we are STILL IN RANGE since March this year.
IF this Inverse H&S become valid, it will take us to the upper trendline of that range... where there is a WALL toi cross
Do not get me wrong, We Will do it...But I am not going to dance and say we have escaped the range....untill we have escaped it.
And it has to be said, the RSI is high on 1 and 4 hour and Daily charts
TIME TO COOL OFF MAYBE - untill that happens, Lets keep our eyes open

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