Bitcoin Back in Da Groove
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i don't normally use the 3D chart time frame, but it was mentioned in Whalepool as a timeframe that Sh0t used when he called the $6,000 bottom using the Ichimoku cloud support. So looking at the upside potential with the 3D cloud as the support we are looking pretty good to hit $15,200 which has several indicators converging on that price. I tend to believe we could spike above that once there, at the very least to be able to flip the SuperTrend before any pull backs.
The RED circles at $15,200 represent the R1 on the Monthly Pivot. Texas 2 Step ahrdly hits in the green at these higher time frames and therefore shows we have already hit a big low in the market and are ready to move on UP.
The RED circles at $15,200 represent the R1 on the Monthly Pivot. Texas 2 Step ahrdly hits in the green at these higher time frames and therefore shows we have already hit a big low in the market and are ready to move on UP.
Nota
...and now we should look to see how this could play out to the downside.Nota
I believe this BULLish idea is a No Trade. The decision to follow this direction would be based on Bitcoin doing something it hasn't done before on the previous ATH fractals instead of doing what it has done 3-4 times previously which is turn DOWN a bit further.
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