Bitcoin seems to finish its retracement with 5 Wave in the pennant.
And now on the 50% on the last impulse, also on the very important price level which is 6820.
Most Recently. making kind of inverted Head and shoulder and seems like willing to go upward more.
( I mentioned before about this last touch of the inverted head and shoulder on previous BTCUSD analysis which is I related on the bottom so you can check this out! )
My Opinion now the market is probably the lowest point of next swing and we may break above this pennant and we can see 9500 and 11500 price levels.
I with my Fellas already take the long position about this with second signal.
However, the first signal with a valid pinbar was good but due to we were on holiday we just able to enjoy this trend only after the second signal which I mention on the chart.
Hope good earnings.
If you enjoy this free analysis, make sure you drop a like and if you have any other opinion about BTCUSD let me know in the comment section below.
See you later.
-mecZpasha
And now on the 50% on the last impulse, also on the very important price level which is 6820.
Most Recently. making kind of inverted Head and shoulder and seems like willing to go upward more.
( I mentioned before about this last touch of the inverted head and shoulder on previous BTCUSD analysis which is I related on the bottom so you can check this out! )
My Opinion now the market is probably the lowest point of next swing and we may break above this pennant and we can see 9500 and 11500 price levels.
I with my Fellas already take the long position about this with second signal.
However, the first signal with a valid pinbar was good but due to we were on holiday we just able to enjoy this trend only after the second signal which I mention on the chart.
Hope good earnings.
If you enjoy this free analysis, make sure you drop a like and if you have any other opinion about BTCUSD let me know in the comment section below.
See you later.
-mecZpasha
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