BUY BITCOIN at Break, Set Target to In between 18K - 20K It could reach up to 20K by the end of this year but on JAN 2, It will FALL Down (Complete Information about this project will be published Later) For now Let us Know what you think it's gonna Happen with BITCOIN within Dec, What's the next move? __________________________________ let us know in the comments make sure to give a Like if this analysis clear your thoughts!
Trade active
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Time to BUY! H4 Candle Closed above! Price action still clear
Looks like it's forming a 3-week head and shoulders top here, with it not getting much above 18k. This week is forming the head, and next the final shoulder. You can already picture and draw the neckline. Currently, MACD and RSI are showing bearish divergence, so that's limiting any upside sustained breakout. At this point, I think there is equal downside as upside, and each 1000 above 17,000 favors the downside. So I would just be careful either way, as moves are becoming 1800 to 3000 point moves now. I think anyone buying above 17,000 will just be setting themselves up for a trap, and it could fall faster than it goes up.
Tyebit
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@josephtse, you can’t possibly call a head and shoulders until it’s played out. This is a shot in the dark call.
BloomFisher
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@Tyebit, True, @josephtse Just wait for Perfect H&H our Pass on it because it's crypto "especially" on BITCOIN!
amasilma
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@Tyebit, He did not said that he said it is forming, I'm seeing it as well. He is also calling out MACD and RSI. Either way bitcoin might get false price settings again like always and get above it or it won't and with CME it might drop which does not mean it will not go to 50 k in LT.