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Consolidation window shown from my charts. I predict a huge price move up (or down) by Setpember/October, if not sooner.
Higher chances of moving upwards to due the supports after last weeks green candle, and general correlation right now with the gold and silver markets. Very bullish we get a weekly close above this light red line of resistance, formed since Dec 2017.
See these youtube links for more information on those statements above (not affiliated with these guys at all, just showing my sources):
youtube.com/watch?v=yGOPbAxuJOY&t=415s
youtube.com/watch?v=-fKjfW1K7wk&t=8s
I'm completely Bullish on this in the short term, and as always, in the long term.
This time next year, BTC around $9000 USD will seem like such a steal...
Cheers!
Higher chances of moving upwards to due the supports after last weeks green candle, and general correlation right now with the gold and silver markets. Very bullish we get a weekly close above this light red line of resistance, formed since Dec 2017.
See these youtube links for more information on those statements above (not affiliated with these guys at all, just showing my sources):
youtube.com/watch?v=yGOPbAxuJOY&t=415s
youtube.com/watch?v=-fKjfW1K7wk&t=8s
I'm completely Bullish on this in the short term, and as always, in the long term.
This time next year, BTC around $9000 USD will seem like such a steal...
Cheers!
Comments
I’m bearish for the short-term, daily RSI at key resistance, 4hr RSI is forming a bearish divergence, 1hr RSI entering bearish trend. The 5 Elliot wave to the upside is finishing. I think regardless of a bearish or bullish bias for the mid-term, a downward pressure is due soon.
What do you think of the setup below?