Its been a while since I did a market update with carts so here it is.
The market correction came as expected and with heavy volumes.
The uptick volumes were higher then the sell of that means that there are more than enough buyers at price levels above $3000.
Major levels to monitor
$3885 Resistance
$2980 Support
If we break above 3885 than it is likely that we will run up to $4.300-$4.400. The longer consolidation the better.
Imo we will test ATH before year end if we maintain the support @$2980.
Here the daily chart
You see a clear trendline what is forming a wedge already.
Here the 4 hour chart
You can see channels forming.
Make sure to not mis major updates by following me. Always invest with money you can afford to lose and without emotions.
makeithappen
Last week blog: https://steemit.com/bitcoin/@makeithappen/weekly-blog-lets-look-at-jpm-blockchain-and-bitcoin