BTC USD DAILY RENKO BULLISH FALLING WEDGE - FINAL LOW NOV 2018
HELLO GUYS, AS PROMISED, HERE'S BTC USD DAILY UPDATE, USING RENKO BOX SIZE 150 FOR ADDED CHART CLARITY.
THE DAILY SETUP IS A BULLISH FALLING WEDGE. I EXPECT A FINAL LOW IN BTC USD IN NOVEMBER 2018.
THERE ARE STRONG CATALYSTS ARRIVING IN NOVEMBER/DECEMBER TO SUPPORT A BULL RUN.
5500 IS LIKELY THE FINAL LOW WHICH WILL COMPLETE THE BEAR CYCLE.
TARGET FOR BULLS ONCE WE CLEAR THIS FALLING WEDGE IS 10 000 - 11 000 INITIALLY.
NOVEMBER/DECEMBER/JANUARY LIKELY WOULD BE A GREAT TIME TO BUY/HOLD SOME OF THE ALT COINS.
FOR ALT COIN IDEAS, CHECK OUT SOME OF MY PREVIOUS POSTS.
THIS IDEA WAS POSTED WAY BACK IN SEPTEMBER 2018, I'M JUST POSTING A RELEVANT UPDATE, WHICH FITS INTO MY OVERALL BIGGER PICTURE.
AS ALWAYS, APPRECIATE YOUR SUPPORT, IF YOU CAN TAKE A SEC AND UPVOTE MY ANALYSIS AND/OR LEAVE A COMMENT/QUESTION/CHART IN THE SECTION BELOW,
HAVE A GOOD DAY,
RYDERS
THE DAILY SETUP IS A BULLISH FALLING WEDGE. I EXPECT A FINAL LOW IN BTC USD IN NOVEMBER 2018.
THERE ARE STRONG CATALYSTS ARRIVING IN NOVEMBER/DECEMBER TO SUPPORT A BULL RUN.
5500 IS LIKELY THE FINAL LOW WHICH WILL COMPLETE THE BEAR CYCLE.
TARGET FOR BULLS ONCE WE CLEAR THIS FALLING WEDGE IS 10 000 - 11 000 INITIALLY.
NOVEMBER/DECEMBER/JANUARY LIKELY WOULD BE A GREAT TIME TO BUY/HOLD SOME OF THE ALT COINS.
FOR ALT COIN IDEAS, CHECK OUT SOME OF MY PREVIOUS POSTS.
THIS IDEA WAS POSTED WAY BACK IN SEPTEMBER 2018, I'M JUST POSTING A RELEVANT UPDATE, WHICH FITS INTO MY OVERALL BIGGER PICTURE.
AS ALWAYS, APPRECIATE YOUR SUPPORT, IF YOU CAN TAKE A SEC AND UPVOTE MY ANALYSIS AND/OR LEAVE A COMMENT/QUESTION/CHART IN THE SECTION BELOW,
HAVE A GOOD DAY,
RYDERS
Comment:
btcusd shorts weekly supports this above scenario.
Comment:
setup is still valid as of today
Comment:
latest update here
Comment:
nice review, thank you! Facts only: shorts crashing, 6250 super strong support, BTCUSD under heavy accumulation, MEX order books bulls reign supreme.
More details - see chart!
More details - see chart!
