We all tried to guess where the bottom is and when it will be. It is getting clear every day when we got new candles and i am very pleased what i see here.
1st of all i believe in BTC but at the same time i believe in bear markets and bear markets lasts far longer and painful than bull markets. So our trend is still bearish but i am getting very clear signals that it is almost ending.
See how all the bullish wedges perfectly hit their targets. And lets look on the biggest red one. Do you see what i see? Yes it should go to the bottom and hit once but im pretty sure thats all.
Lets see how it plays
1st of all i believe in BTC but at the same time i believe in bear markets and bear markets lasts far longer and painful than bull markets. So our trend is still bearish but i am getting very clear signals that it is almost ending.
See how all the bullish wedges perfectly hit their targets. And lets look on the biggest red one. Do you see what i see? Yes it should go to the bottom and hit once but im pretty sure thats all.
Lets see how it plays
Trade active:
NEW TARGET: 3.219 USD (BITSTAMP BASED PRICE TARGET)
Comment:
BUT BEFORE THE 3.219 USD TARGET, WE SHOULD GO BACK AND TEST 7800 LEVELS
Trade active:
We are very close to our targets as expected. I'm willing to see a little pullback and then try the top again. I have 2 targets again:
1st target: 7854 - 7950.7 (strongly possible)
2nd target: 8250 - 8700 area which is unlikely
1st target: 7854 - 7950.7 (strongly possible)
2nd target: 8250 - 8700 area which is unlikely