Crypto Top X

🟢 #Link long
Target: 14.824, 15.204, 15.711
Stop: 13.859

#BTC/USDT ANALYSIS

BTC attempts to break out the horizontal resistance and makes it weak in each attempt. It breakout the trendline resistance after some decent consolidation.

A solid candle close above the horizontal resistance would be the confirmation of the formation of the bullish waves.

#BTC/USDT ANALYSIS

BTC continued its bullish move after the solid breakout of the accumulation zone and the previous strong low, which is showing that now it is going to pump hard in the long term as it has reclaimed the major resistance level.

The 3rd wave target is coming to around $39600 and after that, a 4th wave correction is expected, then a fast 5th wave will come to hit the all-time high.

#Bitcoin  still hovers above $30k as markets transition to Thursday. However, traders are beginning to show signs of #FUD. Historically, this is a good sign for patient #bulls, as markets typically move the opposite direction of the crowd's expectation.

#BTC/USDT ANALYSIS

BTC is retesting above the consolidation box and the previous strong low of $29300 after a successful breakout.

The 3rd bullish impulsive wave is in formation and we can expect the continuation of the upward direction in the market. In case of retracement $29300 will now act as a support.

#BTC/USDT ANALYSIS

BTC kept moving upward with excellent volume after successfully breaking out of the falling wedge and the inverse head and shoulder pattern. Bulls are currently attempting to reclaim the order block between $29220 and $31767.

Bulls have broken through the last strong low, therefore there may be some consolidation in the area around the indicated order block. A strong breakout above $31767 would signal the start of an enormous bull run in the market.