large base to cup/handle forming on bitcoin.. first rise to 57,203 target based on AD showing an ascending triangle. Then look to follow wave pattern, and have breakout from the handle
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this was the original cup/handle pattern I saw when charting those two bearish cypher patterns, the AD showed rise above key resistances levels, point to an Ascending triangle negating bearishness in the current market trend. Follow the money, the rest is noise and distraction. Esp, in the Chat. Cheers
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cup/handle breakout off the 3rd wave, these cup/handle patterns will continue higher. this is trading between multiple time frames til an invalidation. with the larger base of the cup/handle pattern setting up on a higher time frame i.e. the original chart posted...
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cup and handle now on the 15min tf
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we have to take stair steps up 5/15/30/45/1hr etc you will see these continuations of cup and handle patterns til breakout of higher time frames, the only reason they would stop is for a total invalidation
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if im up, i'll point out the volume breakout
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if you look closely at the AD, you'll see a cup/handle breakout in purple ..
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boom ad showing me 60k
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around 170 billion is needed to get bitcoin back over wave 3
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watch this 1hr desc. triangle
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live track of desc. triangle breakout set up
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AD showing me 75k, conservatively I can see much move happening by end of January 2022.. def. by next spring, see you at the top