💥 ETH is about to reach its target on the 18th, so bG updates everyone:
- Because there was a slight pullback yesterday, it is still very active across multiple frames. However, there is still no divergence and it is still trending upwards with good momentum, not in a traditional model:
New target: 3800-3850 --> expand to 3900-4000.
Support: 3660-3620 (--->3520-3450)
💥 BTC is yielding its glory to the altcoin queen leading for the past few days, so it is moving sideways within an increasingly narrow range, occasionally shaking off + enticing L/S on smaller frames and currently waiting for capital flow:
- H1 is accumulating a pennant pattern. It needs to close above 118.5 to rise again to the old resistance/support levels.
- H4 is forming a triangle accumulation, a large pennant, and is showing signs of converging to breakout.
Resistance: 119.2 - 120+
Support: 117.6-117.5 (--->116.8)
The weekend is meant to be chill, but this weekend my mind is really heavy, because since last night bG has just been waiting for rescue news in VHL, and this morning there are updates about the victims. It is very heartbreaking...
Tomorrow the storm will start again... northern region, hang in there!!!
So much love ❤️