Hello all.
Each time bitcoin Reach 12k - 12500 it comes back and retest 9000-9600 area. ALWAYS
ALWAYS this area it fails to KEEP. ALWAYS.
If we are in BULL MARKET bitcoin needs to reverse from this area. (FIB SUPPORT AND CME GAP)
If we fail we move straight to 6000-6500 where bitcoin it confirms A-B-C-D-E elliot waves inside Symmetrical Triangle.
On this area we have also FIB GOLDEN POCKET HISTORICAL SUPPORT.
By breaking 9000 - 9600 area, we break Rising Wedge. The target of this wedge is 5000-5200 area. So a wink from 6000 to 5000
it will not surprise me.
TREBLE BOTTOM is formed if we fall this lower price.
Treble bottom is one of the most aggressive BULLISH PATTERNS as it brings A HUGE VOLUME.
Have a nice day
Each time bitcoin Reach 12k - 12500 it comes back and retest 9000-9600 area. ALWAYS
ALWAYS this area it fails to KEEP. ALWAYS.
If we are in BULL MARKET bitcoin needs to reverse from this area. (FIB SUPPORT AND CME GAP)
If we fail we move straight to 6000-6500 where bitcoin it confirms A-B-C-D-E elliot waves inside Symmetrical Triangle.
On this area we have also FIB GOLDEN POCKET HISTORICAL SUPPORT.
By breaking 9000 - 9600 area, we break Rising Wedge. The target of this wedge is 5000-5200 area. So a wink from 6000 to 5000
it will not surprise me.
TREBLE BOTTOM is formed if we fall this lower price.
Treble bottom is one of the most aggressive BULLISH PATTERNS as it brings A HUGE VOLUME.
Have a nice day