I am not going to open new trades before it breaks up this . Chances of breaking up are around 68% for a and a pullback happens 50% of the times so I am going to wait for the pull back when/if it breaks up and then will open a long position on Bitmex and will buy some altcoins . When Bitcoin reaches the I will start closing my trades and will wait for a new pattern and more data.
Until the breakout more accumulation and sideways is expected as we saw in the last weeks. I am expecting considering my chart 9-12 days more of accumulation and sideways before the breakout. So right now I will just be patient and watch how this pattern is going to play out.
The next 4 days will be very interesting. The chances of seing bitcoin breaking up will be pretty high.
Let's see how it goes. I was expecting it to be yesterday but let's see how today goes.
AND HERE IT IS !
BREAKING UP FINALLY ! Perfect prediction breaking exactly in the day I was waiting
High quality image.
Expecting another green day tomorrow and the 4K test. We should probably break it and then rise pretty fast to 4100-4200 level.
Bitcoin Correction Alert:
Expecting some sideways movements followed by small dumps today and tomorrow. Bitcoin should find support at 3775-3830 and pump in the close of current CBOE Bitcoin futures contracts by the night of 22th February and should keep pumping on 23 th February to retest 4K.
Game changed dudes. Bitcoin already found support here and should test the resistance very soon
In the other hand #ETH should keep pumping and altcoins might have some great time.
Setting an alarm at 4200 and 4080. Important levels in the short term if they get broken. Nothing else to do here in my opinion.
Right now we are testing previous resistance as a support. If we close below 3800 all the bulls progress in last 10 days will be lost and things should be bearish again.
In the other hand. A close above 3800 should be pretty bullish too and the fuel for another wave up to 4200+.
So eyes on 3800 today and that's it.
This correction was necessary dudes. Don't worry too much just yet, things are ok for now
These 100$ will make hell of a difference.
High chances that today we will see a extreme bullish scenario in all crypto market.
3700 holded perfect.
Bitcoin correction done. Expecting 12345 bullish impulsive waves that will end at 4300-4500 area.