BTC, Chainlink and BAT
BTC, Chainlink and BAT


Hello Crypto Friends!!

I hope everyone is well! 

Its time! The opportunity of a lifetime has come! If you have been following me then you will know that all targets have been hit!

Lets start with BTC -

351665157-bf25f31bf1025e0098488ade89f23f4d219f59418e4fe9dab3647d83a8c08a56.png

351665157-e27180dcee3eddba2a0b894af6d049e8054a110cac7df9146e3133846d6065b9.png

So, we had the Head and Shoulders form after the rising wedge, which broke down. Then we had a little consolidation and weekend pump.

Now we have -

351665157-8289ec9d14b6162f96eefbf57231f1b0c8dfa015224738fc6f4ebbceaf50b4e2.png 

Completed the move down to my target of 7600-7700. We have dipped out the bottom of the wedge and touched the legacy trend line.

Oh it doesn't get much better than this!! 

What i expect now, is for the price to get back into the wedge, and from there, break up. 

For those that do not know, if a falling wedge has a "dip" out the bottom, then the probability of it breaking upwards and hitting the target is higher.

Of course we still have to get back into the wedge, so i am speculating here. This is not financial advice.

Warren Buffet - "Buy when there is blood in the street."

 

Chainlink-

351665157-65fa7a86ae3a22f96d09f82864ac3efb555fb7afc5937539e7c153ea4b1dc3b8.png

Previously, i said Chainlink was in a Megaphone structure, and that any test of the bottom trendline would be a massive buy signal.

Well -

351665157-6953a8b115043d1a63ea68599ffaf8c445078b323ee89e86b5f4f1444d3dcda5.png

We got that test.... I am now looking at the $7 mark for Chainlink. 

Of course any break below that trendline, and we could see a big decline, however with the strength that Chianlink has shown, i don't think its likely.

 

BAT-

351665157-6c765ce903cae0e3a982dbb818ad785274872b5c07f7bea7e89dd957f067b4fe.png

I was looking for a test of the .786 with a dip below the trend line. We have gotten that. 

In a falling wedge pattern. I think we stay below the trend line for little while, with some sideways movement, then i expect a break up.

All in all everything is looking good. I am excited for the future!

 

Happy Trading!

 

 



Cryptocurrency trading tips and tricks
Cryptocurrency trading tips and tricks

This blog is all about trading, after over 2 years of trading crypto i thought i would share my experience and knowledge in the hopes that others can benefit from it!

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