BITCOIN (BTC/ USD) WHEN WILL THE SLEEPING GIANT AWAKEN?
HEY TRADERS, BITCOIN HAS BEEN A BIT HUSH HUSH SINCE ITS HUGE DIPPING POINT. SO HERE'S AN ANALYSIS THAT WILL HOPEFULLY PREDICT WHEN THE MONSTER WILL WAKE FROM ITS SLUMBER...ENJOY!
**Please note that the information contained in or provided above is not intended to be and does not constitute financial advice, investment advice, trading advice or any other advice.**
HOW TO READ THE YELLOW-ORANGE RAINBOW:
+ IF THE COMPLETELY YELLOW RIBBON IS ABOVE THE COMPLETELY RED RIBBON, THIS SIGNALS AN UPTREND
+ IF THE COMPLETELY RED RIBBON IS ABOVE THE COMPLETELY YELLOW RIBBON, THIS SIGNALS A DOWNTREND
+ MORE SPACING BETWEEN ALL 8 RIBBONS = EITHER A BIG UP SURGE OR DOWN SURGE
+ COMPRESSED RIBBONS = PRESSURE BUILDUP, WHICH WILL RESULT IN POSITIVE SURGE OR NEGATIVE SURGE.
BITCOIN ANALYSIS:
+ TRADING RANGE = $12,100 - $19,864
+ (LIKELY) PRICE MAY EXPERIENCE RESISTANCE AT $16,450 - $18,500 LEVELS BUT BREAK THRU TO REACH HIGHS OF ~$20K+
+ (UNLIKELY) PRICE MAY DIP TO TEST $13,000 LEVEL. GREAT BUY OPPORTUNITY. FURTHER DIPPING TO TEST $12,000 (WHITE SUPPORT) MAY BE POSSIBLE. IF PRICE BREAKS THRU THIS SUPPORT, WE WILL SEE NEW LOWS OF ~$11,200.
PLEASE LET ME KNOW IF YOU HAVE ANY QUESTIONS, I'M ALWAYS HAPPY TO HELP OUT. HOPE YOU GUYS KILL IT OUT THERE! HAPPY HUNTING MY FRIENDS.
**Please note that the information contained in or provided above is not intended to be and does not constitute financial advice, investment advice, trading advice or any other advice.**
HOW TO READ THE YELLOW-ORANGE RAINBOW:
+ IF THE COMPLETELY YELLOW RIBBON IS ABOVE THE COMPLETELY RED RIBBON, THIS SIGNALS AN UPTREND
+ IF THE COMPLETELY RED RIBBON IS ABOVE THE COMPLETELY YELLOW RIBBON, THIS SIGNALS A DOWNTREND
+ MORE SPACING BETWEEN ALL 8 RIBBONS = EITHER A BIG UP SURGE OR DOWN SURGE
+ COMPRESSED RIBBONS = PRESSURE BUILDUP, WHICH WILL RESULT IN POSITIVE SURGE OR NEGATIVE SURGE.
BITCOIN ANALYSIS:
+ TRADING RANGE = $12,100 - $19,864
+ (LIKELY) PRICE MAY EXPERIENCE RESISTANCE AT $16,450 - $18,500 LEVELS BUT BREAK THRU TO REACH HIGHS OF ~$20K+
+ (UNLIKELY) PRICE MAY DIP TO TEST $13,000 LEVEL. GREAT BUY OPPORTUNITY. FURTHER DIPPING TO TEST $12,000 (WHITE SUPPORT) MAY BE POSSIBLE. IF PRICE BREAKS THRU THIS SUPPORT, WE WILL SEE NEW LOWS OF ~$11,200.
PLEASE LET ME KNOW IF YOU HAVE ANY QUESTIONS, I'M ALWAYS HAPPY TO HELP OUT. HOPE YOU GUYS KILL IT OUT THERE! HAPPY HUNTING MY FRIENDS.
Comment:
$1000 DIP SINCE POSTING. WE MAY TEST $13,500 SOON.
Comment:
PRICE WAS DEFLECTED AT $13,855 WE ARE STILL WAITING FOR $13,500 TEST. IF WE GET A BREAK THRU WE WILL TEST $12,700 NEXT.
Comment:
PRICE IS PRETTY MUCH DOING IT'S OWN THING. PEOPLE KEEP BUYING IT AT THE DIPS SO IT'S NOT ALLOWED TO BREAK WHITE SUPPORT YET. PATIENCE...