BTC KISS strategy: 42k to BO triangle; 46k to complete Inv H&S

Bitcoin / Dollar BITFINEX:BTCUSD

xtremerider8

KISS: Let’s just keep things simple.
BTC established already a strong support at 40k resting above 2 anchored VWAPS & Ichimuko Cloud.
Resistances above at increments of 2k…42k.44k, 46k , 48k ,50k, 60k etc.
BTC currently doing consecutive bullish flag patterns in 1 H chart.
BTC needs to BO triangle at around 42k where the green dma50 line lies.
BTC needs to reached 46k to complete my inverse H&S pattern…then the red dma200 line will be the next immediate target.
40k must hold to remain bullish . Failure will see a retest 36k & then the 33k to 34k zone.
Not trading advice

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