kiu_crypto

BTC/USD hit my target exaaaaactly as i predicated

Long
BITSTAMP:BTCUSD   Bitcoin
Hello traders

as you can saw in title , yes guys all of my BTC ideas hits the targets , if you are not saw them already , i recommend you to go and watch them ;

let's start to take look at bitcoin , in my previous idea i told you if BTC price break the yellow line ; price tries to test the blue box which the important daily resistance .

but now what ??
this is almost hard question to answer yet , there is an empty room in the CME chart , I'm personally not fan of CME chart , but almost 70% of moment when price dump or pump in the weekend , comes back and filed the gap.
also I talked about inverse head and shoulder pattern before which is already rich the target.

as you can see in the chart price tries to test the blue resistance line but I think in order to try filled CME gap or try to retracement back into the yellow support box price can back again around 34.5k$ or 35k$ maybe also lower price to filled the gap so maybe price have wick below the yellow structure but its important to hold 4H structure and not close below it.

I hope you enjoyed this analysis.
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