If 15500$ was the first bottom of this bear market, then its time to retest the trendline in the chart.
You can buy now and sell at the 0,786 fib lvl. This could be an impulsive wave. After that the double bottom will come, how deep will it fall?
Well maybe back to 17000$ or even deeper.
You can buy now and sell at the 0,786 fib lvl. This could be an impulsive wave. After that the double bottom will come, how deep will it fall?
Well maybe back to 17000$ or even deeper.
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Watch BTCs reaction at the middle trend line. could be a turning point.
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Monthly Stoch RSI cross = bullish for the next weeks.
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When the WT_X indicator turns green in the monthly frame, we got another bullish BUY signal.
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Seems like the monthly money flow has reached its bottom, so the money will flow back into Crypto now.
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Hash ribbon with the weekly buy signal. Trap again or pump this time?
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IF BTC looses the 17k support, this idea is invalid.
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Bad news: Genesis Prepares to File for Bankruptcy.
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Watch out for DXY, could go bullish so BTC will go down.
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A weekly close above the main resistance line is super bullish for stocks and crypto.
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REMINDER:
If BTC cant close a week/day ABOVE 23500, and loose the 22700 support, it will go DOWN to 17.000 or even DEEPER!
If BTC cant close a week/day ABOVE 23500, and loose the 22700 support, it will go DOWN to 17.000 or even DEEPER!
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Careful!
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so 50.000 soon?
Trade active
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A clear break of the EMA20 will lead to a huge push towers 45k+.
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Trade active
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Well played.
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There are two ways. I think the blue one will happen. Too much hype in the market.
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Nice ride it was.
Phase E is done, so it could fly.