Welcome to the VAPORWAVE TECHNICOLOR DREAMHOUSE~~~~~
What a crazy looking chart this is!! S U P E R W A V E Y~~HOPE YOU PACKED THOSE BAGS!!!!!!
Let me break this beast down! In my last post on CHATBTC we were getting squeezed in this beautiful descending triangle and I called out the time blocks to give some attention to and it looks like we have a possible early breakout!!!!
Here on the 4H chart we’re peak Bollinger Band and cruising really high on Stoch RSI. Both of which may signal some downtrend in the near future.
The Fibonacci Retracement 0.5 line at ~1175 sats proved to be resistance and we can expect to flag between 0.5 (1175) and 0.768 (1084) as we work through this ichimoku cloud. As we move through the cloud if we continue to rise and break over the top we can look to that as a great bull flag; if we move back down the cloud may prove to provide resistance in which case, bears rule the world.
TLDR; HOPE YOU PACKED THOSE BAGSSSS!!!
(BUY) Breakout above resistance
(BUY) Break into cloud
(SELL) Stoch RSI overbought
(SELL) Top of Bollinger Bands
SHORT BUY Signal: We break 1175 sats and make a run towards 1239.
SHORT SELL Signal: We fall below 1084 sats.
Forever Yours,
Banana Mango
What a crazy looking chart this is!! S U P E R W A V E Y~~HOPE YOU PACKED THOSE BAGS!!!!!!
Let me break this beast down! In my last post on CHATBTC we were getting squeezed in this beautiful descending triangle and I called out the time blocks to give some attention to and it looks like we have a possible early breakout!!!!
Here on the 4H chart we’re peak Bollinger Band and cruising really high on Stoch RSI. Both of which may signal some downtrend in the near future.
The Fibonacci Retracement 0.5 line at ~1175 sats proved to be resistance and we can expect to flag between 0.5 (1175) and 0.768 (1084) as we work through this ichimoku cloud. As we move through the cloud if we continue to rise and break over the top we can look to that as a great bull flag; if we move back down the cloud may prove to provide resistance in which case, bears rule the world.
TLDR; HOPE YOU PACKED THOSE BAGSSSS!!!
(BUY) Breakout above resistance
(BUY) Break into cloud
(SELL) Stoch RSI overbought
(SELL) Top of Bollinger Bands
SHORT BUY Signal: We break 1175 sats and make a run towards 1239.
SHORT SELL Signal: We fall below 1084 sats.
Forever Yours,
Banana Mango
