Hi guys, today I will keep all you update with Bitcoin that I have not posted in yesterday because I waited for the dump occur to be sure about what happen next.
So honest to say we are in really good support, a least for small bounce back after next dump if we have.
LIKE this analysis if you want to support me ! Appreciate !
I reveal in 4 hours chart and 45 minutes chart for middle term and short term for all you guys.
Be first looking at 4H chart, all we see ABCD pattern or may ABC correction for this time after the lsat failed Elliot analysis.
CD = AB and the support in D also very strong from the last neck line.
General view, when we broken 39xx, the Bearish Flag occur and target for D is Fibonacci extension 1.0 ( 3520$ in Bitfinex as TA , but we also watching FOMO of market )
Depend on Fibonacci + Supply and Demand zone + WMA 49 and 105 I give all you current support and current resistance for next time.
Look to right side, we have 45m chart and I declare how Elliot happen in short term. If we have nice support in 4H chart so 3520$ may be the end of wave 5 by using MACD.
Also we see in nearly future we also have MACD divergence in here and begin for correction short term period. Target for correction is 0.236 - 0.382 Fibonacci.
Good luck every one !
So honest to say we are in really good support, a least for small bounce back after next dump if we have.
LIKE this analysis if you want to support me ! Appreciate !
I reveal in 4 hours chart and 45 minutes chart for middle term and short term for all you guys.
Be first looking at 4H chart, all we see ABCD pattern or may ABC correction for this time after the lsat failed Elliot analysis.
CD = AB and the support in D also very strong from the last neck line.
General view, when we broken 39xx, the Bearish Flag occur and target for D is Fibonacci extension 1.0 ( 3520$ in Bitfinex as TA , but we also watching FOMO of market )
Depend on Fibonacci + Supply and Demand zone + WMA 49 and 105 I give all you current support and current resistance for next time.
Look to right side, we have 45m chart and I declare how Elliot happen in short term. If we have nice support in 4H chart so 3520$ may be the end of wave 5 by using MACD.
Also we see in nearly future we also have MACD divergence in here and begin for correction short term period. Target for correction is 0.236 - 0.382 Fibonacci.
Good luck every one !
Comment:
BITCOIN - WHERE WE ARE IN CYCLE ? - LONG TERM ANALYSIS
The similar of Bitcoin from the past