BTC (Prj.2019.P03.E11).Breakout imminent?

8 ส.ค. 2019

There are some Fractal at play from 2017 bull run.
As per chart, we have a price that refuses to go down and consolidation taking place under a main resistance line.
Also some time back, I stated the level required to confirm its a bullish trend, open and closing on the daily to take it as a sign.

Fractal at play: Both have the same run up, ALT and then a formation of a bullish pattern and then a breakout, consolidation and up trend (expected)



Another common factor:
2 EMAs and 1 MA crossing over on the 4 HRLY has in the past, indicated a bullish uptrend.

8 ส.ค. 2019

บันทึก

8 ส.ค. 2019

บันทึก

Possibly ?

8 ส.ค. 2019

บันทึก

8 ส.ค. 2019

บันทึก

This seems to be the pattern. If it breaks down below this, then we will most likely test the next level down. As for now, its also possible with this bounce we might break the pattern upwards.

8 ส.ค. 2019

บันทึก

bullish divergence,,it should kick in now?