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DrRouzbehSedaghat
Aug 19, 2021 12:00 AM

#BTCUSD Direct to the sky or underground?! 

Bitcoin / U.S. dollarBitstamp

Description

COINBASE:BTCUSD For getting better results i tried to analyse in multi timeframes. Best view which can give better clue is weekly TF. If we look carefully to the patterns shaped in past 10 years we can see regular price movements continuously. Approximately same rise and same fall! 50600$ Can be most important price and zone for COINBASE:BTCUSD. I Used 2 importants EMA with special conditions. If you look carefully, you can find out any time both MA crossed each other toward upside strong price movements happened. right now in this point if price do not follow elliot rule or for any unpredictable reasons cross under 50600$ i can say some other crypto gonna be next BTC and price will fall very deeply. in this analyse i used so many factors to get best possible result but eagerly i will be very thankful if any body correct me or give alternative plan and idea

thanks a lot and good luck for all of you
Comments
suvny21
nice chart, i think 51k zone is a strong supply zone and direct us to 20k
DrRouzbehSedaghat
@santana2331, hi, i am agree with you and as you saw i marked that point as a important level
thx for sharing your idea
lbmagic
Lol if it doesn’t go up then it’s going down :)
DrRouzbehSedaghat
@lbmagic, yep, ;)
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