Nothing too complicated here. Price action breaks out of a falling wedge pattern with flagpole extension to the $1 area, which just so happens to be the 2018 market top.
Laterally on the weekly CVC / Bitcoin chart (below) price action has broken through the 100-week EMA and returned to confirm support. Fantastic.
1st target $1. Beyond that there’s no resistance.
Good luck!
WW
Weekly CVC / BTC chart:
Laterally on the weekly CVC / Bitcoin chart (below) price action has broken through the 100-week EMA and returned to confirm support. Fantastic.
1st target $1. Beyond that there’s no resistance.
Good luck!
WW
Weekly CVC / BTC chart:
BTC
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy
Weblink: patreon.com/withoutworries
Allow 3-6 months on ideas. Not investment advice. DYOR
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy
Weblink: patreon.com/withoutworries
Allow 3-6 months on ideas. Not investment advice. DYOR
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
BTC
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy
Weblink: patreon.com/withoutworries
Allow 3-6 months on ideas. Not investment advice. DYOR
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy
Weblink: patreon.com/withoutworries
Allow 3-6 months on ideas. Not investment advice. DYOR
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.