But it doesn't mean that bitcoin trend change to .
As you can see, we have a lot of perform and still running.
1. Inverted pattern (purple)
This pattern still valid as long as we have no candle lower than head. Projection for this pattern at 5000
2. fibonacci pattern (black)
We also have fibonacci support at bigger timeframe at 3673. This pattern projection at 4500
3. Fibonacci pattern for H1 time frame (Blue)
for smaller timeframe, we have fibonacci at 3781 with projection at 3990
4. And channel up pattern (red)
This pattern have no projection.
All of this pattern still valid with north direction.
* For pattern no.3, we still wait for bitcoin to touch fibonacci support at 3781
** Drop "like" to support me, as I always support you with a good analysis.
from April 01, all Crypto trading plan and full detail analysis will send for client only (private analysis)
These types of analyses is what gets the likes and shares since it helps confirm the general bias. This also leads to these "analysts" gaining popularity, perpetuating the problem by giving the same "analysts" a false sense of confidence in their "style". The best part is they even end up believing their own BS.
Game recognize game. And game also recognizes when there is no game.