BTC may be forming an inverse H&S & is now trying to breakout of a very thin Ichimuko Cloud to complete H&S at the neckline.(If It fails in the next few days, really bad news is coming)
It depends on how you see it, some may see BTC breaking out of a falling channel or wedge . All of these has a bias to the upside.
My bullish trading plan is based on Pitchfork , H&S measured move and important FIB levels, not random targets. If Inverse Head & Shoulder or falling wedge BO succeeds, we may finally see the start of the final
missing wave 5. There may be a melt-up parabolic phase sometime between 4Q2022 to 1Q2023 or once BTC breaks above the MEDIAN dotted red line of the pitchfork .
For long term & swing traders, watch only 43k & 46k to see which direction BTC has decided to go. THE REST IS JUST NOISE.
Hope this will serve as a useful guide to my loyal followers.