Hello every one
Since last rarely we had bullish weeks in BTC history. We still on track for bearish BTC. Moreover, a consolidation is observing on BTC trend line. Low volume of trades together with triangle pattern suggest that within few day possibly BTC will be drop up to 3300.
Keep an eye on the trend line and enjoy your trade :)
Hit the like button if you the update
Since last rarely we had bullish weeks in BTC history. We still on track for bearish BTC. Moreover, a consolidation is observing on BTC trend line. Low volume of trades together with triangle pattern suggest that within few day possibly BTC will be drop up to 3300.
Keep an eye on the trend line and enjoy your trade :)
Hit the like button if you the update
Comment:
Since we are in the bottom line since 2018, there is possibility we see a rally. However, this market proved that no price prediction is guaranteed. This is the nature of this market. So generally I would say that this year we would see a price raise up but cant predict what would happen on even on next month.
Lets follow up and hit the like button to receive update where the next day the price will go.
Lets follow up and hit the like button to receive update where the next day the price will go.
Comment:
We had breakout in the triangle to downtrend. Next resistance line would be 3350
Trade active:
Seems the market follows our trend analysis for BTC/USD. I am still bearish. Although, the trend has touched the upper line of the triangle and had bounce back to channel.
If we see breakout on the lower line the triangle the trend line would reach to 3200 BTC/US in coming days (purple channel). We need strong volume to break the purple channel which not it is hard to predict.
If we see breakout on the lower line the triangle the trend line would reach to 3200 BTC/US in coming days (purple channel). We need strong volume to break the purple channel which not it is hard to predict.
Trade active:
Hello every one, here is new update for BTCUSD. We had breakout for upper line of the triangle in second bounce back in BTCUSD. We had similar results in LTCBTC too. We could see bull flag up and i estimate up to maximum 3600 BTCUSD. in my opinion we could see a bounce back from 3600 BTCUSD channel. Volume is not that strong to break up the 3400-3600 channel
Trade closed: target reached
Comment:
I close this BTCUSD analysis since previously we reached to 3400 to 3500 channel, so further discussion on this channel would not be helpful
Look to our new analysis
Look to our new analysis
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Much appreciate.