Hello guys, Yesterday I published a chart about Bitcoin's possible reversal possibility last time I went for a reversal pattern it went from sub 6k to 8.8k and now we are going from sub 6k to 8k we have 1d stoch just coming back from oversold area we have a good green wave in ewo so we for now we are on our way to 6.8k then we should retrace and find support and keep in the uptrend or at least make a higher low when we find our support later the cycle should take us to 7.1k and then go to then we should find our support I think at 6.7k from where we should moon to 8000 and with no changes from ETF news 8000 is good enough.
Good Luck, traders! #moon #mooncommunity
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the red line drawn in the chart is not the downtrend this is the downtrend where we meet 8k
Great thank you, we need the short squeeze. should be around 6.900k
farhadjafarov7
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@bluwhale85, some opportunities in the alts market is beautiful now after a big retrace we had, thanks you and good luck!
mrandrewwill1891
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Not being a dick at all... but, on your chart, MACD just crossed, histogram is heading down, and none of the trend lines you are using have more than 2 points of contact. Not advice, just playing devil's advocate
farhadjafarov7
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@mrandrewwill1891, well i really didnt understand what you found wron in the chart but I think this is a bull run due to bullish divergence on ewo and macd and stoch is dead if you check 1d chart and it has been making a falling wedge reversal from 8.5k and alts bouncing big today is another sign of a cycle so thats my call. if you have bearish call you are welcome to share :)