Please Note, although i am giving Buy Signal here, but we are still in BEAR Trend, to know the reason why , please read previous article.
Final Price, before expecting any other price movement is 10000$.
This is just a correction of previous fall, thats why Bitcoin Price is rising, it MIGHT continue to 16k(moon shot) but retracing. But we need more data for that. But for Current scenario, price prediction will 10k, and it should travel through the path indicated by blue line.
Red Lines, we are expecting it to fall a bit and Green lines we are expecting it to rise from there.
Blue lines just crosses these lines to reach 10k mark.
How we analysed this price? Well there were many charts and patterns used, some of them are in previous article. We have removed everything so, that we can show clear points, else whole chart was looking messy.
If you agree or disagree please let us know in comments.
If you like the TA, please like,share and follow.
PS: TA is just the methodology to expect a price trend.
Its Trading world, if you it for free without doing your own analysis, people are gonna take it.
Thanks
KrytpTimes
Final Price, before expecting any other price movement is 10000$.
This is just a correction of previous fall, thats why Bitcoin Price is rising, it MIGHT continue to 16k(moon shot) but retracing. But we need more data for that. But for Current scenario, price prediction will 10k, and it should travel through the path indicated by blue line.
Red Lines, we are expecting it to fall a bit and Green lines we are expecting it to rise from there.
Blue lines just crosses these lines to reach 10k mark.
How we analysed this price? Well there were many charts and patterns used, some of them are in previous article. We have removed everything so, that we can show clear points, else whole chart was looking messy.
If you agree or disagree please let us know in comments.
If you like the TA, please like,share and follow.
PS: TA is just the methodology to expect a price trend.
Its Trading world, if you it for free without doing your own analysis, people are gonna take it.
Thanks
KrytpTimes
Comment:
Target was also touched 9200
Now a little pull down CAN BE EXPECTED , either now or after touching 8950