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dipl_ing
Jan 29, 2023 2:30 PM

Bullrun Bitcoin - 3 ways of a potential bottom shs forming  Long

Bitcoin / EuroKraken

Description

As can be seen from the private videos, a potential bottom (approach) has formed around the 16,000€ limit.

1. Falling Wedge Approach
The market movements (shoulder 1 + head) are already pronounced and can thus definitely achieve high goals.
Target price 1: 27592€
Target price 2: 39956€

2. Approach shoulder head shoulder
Shoulder 1 + head still need a retest from the ~18,000€ segment, that is realistic and only then, based on the further price reactions, is an approach with a good risk:reward safe.

3. Base formation (head 2) missing
Shoulder 1 + Shoulder 2 are the beginning of the bottom formation and a head formation follows on the ~€12,000 segment
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