BTC Wants to Complete 1-year Wedge Before Breakout to new ATHs

2021年12月30日

The breakout from the descending tightening wedge that formed over the past 2 weeks seems to have failed, despite printing an uncanny similarity to previous breakouts.

- 1 last touch on wedge at 39K area would be the third touch and thus completing a standard ascending tightening wedge printing since about October 2020. I suspect it will break to the upside for new ATHs
- Many bearish fibs correlating with 39k. For the sake of sharing a clean chart I drew only one. 12/18 swing high to 12/27. The 1.272 extension correlates with 39k.
- Weekly Ichimoku wants 39K
- EMA 70 wants 39K (my favorite EMA for BTC)
- 39K correlates with upper boundary of the next volume cluster (VPVR)

2022年1月5日

交易开始

Nothing changed. 1.618 correlates with bottom of ascending wedge which correlates with where volume cluster begins and where the knife has a strong possibility of being caught.