Hey guys, BTC just made a nice U-Turn after healthy consolidation on the 4H like I suggested yesterday. We perfectly held the EMAs as support, before shooting up to the upside (Hello Bart Simpson)
=> One can argue, if individual whales are responsible for this kind of action, but the fact of the matter is: it doesn't matter. Like I have described previously here: U-turns happen very often, when the bears lose momentum on a bear break, or vice versa.
Watch out now for the upside: We have at least potential to reach the 6850 double top resistance area with the wicks . But beware: We have the potential of a bear flag, unless we break through it with high conviction.
If you find my analysis helpful, please like & subscribe, watch my videos, I will be doing those daily from now on! ;)
About myself: Global citizen & early Bitcoin adopter from Germany. I invested in the 2nd rally from 50 to 1.000 Dollars in BTC.
=> One can argue, if individual whales are responsible for this kind of action, but the fact of the matter is: it doesn't matter. Like I have described previously here: U-turns happen very often, when the bears lose momentum on a bear break, or vice versa.
Watch out now for the upside: We have at least potential to reach the 6850 double top resistance area with the wicks . But beware: We have the potential of a bear flag, unless we break through it with high conviction.
If you find my analysis helpful, please like & subscribe, watch my videos, I will be doing those daily from now on! ;)
About myself: Global citizen & early Bitcoin adopter from Germany. I invested in the 2nd rally from 50 to 1.000 Dollars in BTC.