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Husain_Arkghazi
Aug 19, 2019 2:50 PM

Bitcoin short update 19/08/19 Long

Bitcoin / U.S. dollarBitstamp

Description

above you can see that prices are now consolidating i this triangular formation and any move above 10800 and 10950 could lead us to 11200- 11350 next major resistance zone


RSI showing strength and strong bullish divergence in 1h chart


100 MA in daily chart has already tested so no sign of weakness in short term


there could be a small pullback and prices could test 10350-10400 zone to shake weak hands and then a rally could lead us towards 11200-11350 zone.

Trade active


ABC flat corrective formation has completed, and we've also tested 10950 levely exactly as predicted any move higher above this level could lead us to 11200-11350 zone and any major break below will lead us to 10600-10300 zone

Trade active


and the dump starts now as predicted, congratulations to shorters

Trade active


and...... it dumped perfectly:)
Comments
mchagtai
@Husain_Zabir any idea where BTC may be heading in the near future?
josque
amazing job!

Thank you for sharing this gratefulness with us!
ferGOD
Elliott Wave Double Three Combination
ferGOD
Husain_Arkghazi
@ferGOD, yup most likely, i have also same views
KtoTaGdeTa
@Husain_Zabir,always good job Husain,thnx for it,but how is it possible,BTC will be fall and ETH/USD will grow?
Jocoin
Good work indeed, keep it up .. we share similar short term view :)
Husain_Arkghazi
@Jocoin, thanks bro, glad you noticed:)
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