Fair & Real bitcoin price. The end of Weekly cycle ?
Hello everyone,
I´m here with just quick update for a BTC /USD pairing and I think we can expect some side or even corrective action in upcoming days/weeks/months
Which means altcoins might see some further pushing as a BTC .D is reaching strong resistance zone and should drop a little.
This update is for previous call where I called BUY at 5K area with possible MARK DOWN at approx. zone 28-30K which we are literally allready at and is based on Fibonacci, Eliott Waves but mostly WARNS about HIGH WEEKLY RSI
The current mark down zone could mean only start of distribution which can cause retest of previous ATH (20K) as support after breaking it and then we can also see a possible extension of W5 to approx. 40K USD range
ChaChain
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Disclaimer:
I´m not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature, and therefore I´m unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing. This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
KEYWORDS
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I´m here with just quick update for a BTC /USD pairing and I think we can expect some side or even corrective action in upcoming days/weeks/months
Which means altcoins might see some further pushing as a BTC .D is reaching strong resistance zone and should drop a little.
This update is for previous call where I called BUY at 5K area with possible MARK DOWN at approx. zone 28-30K which we are literally allready at and is based on Fibonacci, Eliott Waves but mostly WARNS about HIGH WEEKLY RSI
The current mark down zone could mean only start of distribution which can cause retest of previous ATH (20K) as support after breaking it and then we can also see a possible extension of W5 to approx. 40K USD range
ChaChain
-------------
Disclaimer:
I´m not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature, and therefore I´m unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing. This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
KEYWORDS
trading, bitcoin , bitcointrading, profitable trading, profittrading, profit trading, secret, divergence, bull divergence, bear divergence, divergencetrading, divergence trading, trading strategy, how to trade bitcoin , bitcoin trades, bitcoin trading, make profit, take profit, trading strategy, trading technique, successful, successful trader, successful technique, successful strategy, successful secret, how to trade, trend analysis, technical analysis , indicators, rsi , relative strenght index, let it rain, successful life, easy strategy, easy trading, easy technique, make money, crypto investing, investing, crypto, cryptocurrency, cryptocurrencies, mentoring, money, chartart, beyond technical analysis
Comment:
4H also shows bearish signals across the major indictors and the retest of previous ATH (20k) as support could play out much faster
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