CFcryptoTA

BTC last chance

Largo
BITSTAMP:BTCUSD   Bitcoin
Look,
If you had,
One shot,
Or one opportunity,
To seize everything you ever wanted,
In one moment,
Would you capture it,
Or just let it slip?
"Lose Yourself" Eminem

Yes, it has been a couple of days since the last update.
The last time I told you the Head n Shoulder that everyone was looking at, it was going to fail...what happened...it failed. Now once again, I warn you, here we got the second and last bear trap with this hourly HnS. Many bears will be caught to get liquidate in an instant in the next 12 h.
As you can appreciate another HnS have formed, However as I explained earlier BTC is oversold in every timeframe considering the Stoch RSI. Lower timeframes also show oversold RSI. Bullish divergences are starting to form in the LTF.
This one was just a perfect breakout and retest, you couldn't ask anything more. The green box is the buy zone.
If you are not loading up now, well...cry later. This is your last opportunity to scoop up BTC at 60k.
It has bounce from the vwap support and is now approaching the 50MA in the 12h frame.
The next level is 63 by tomorrow and we will see 70k in the next three days.
This one will be only the start, considering BTC has formed a bullish pennant in the daily, and the target is 88k. SO this is just the beginning, and I am sorry for the Perma bears, which have been trying to short BTC from 30k.
I expect BTC to reach 103k at the beginning of December, with a blow-off at 185k by the middle of January.
Oh by the way...if you listen to me in the last post, you would have bought at the local bottom.
I was expecting BTC to take off on Friday- Saturday, However i forgot it is the Halloween weekend and many are not paying attention, trading or investing.
So Happy Halloween everybody, This pumpkin is ready to fly.


CFcryptoTA
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