The bears failed completely, they didn't manage to reach our strong support.
While we were expecting a strong retrace. They couldn't take the price lower than $6130 and now we are back on another up wave.
I am extremely happy to be able to say sorry and admit that I was wrong.
So now we reverse short term and go on another wave up!
You can look at the chart above for the different resistance levels and support.
Thanks a lot for reading...
I continue to be deeply grateful, highly appreciated and amazed by the incredible support.
Wishing you always the very best.
P.S. Make sure to visit my profile and check my other altcoins trades.
We will have a better confirmation when this week ends, but we are looking positive for the coming months. 2 more months...
(1) $6600 * Target hit *
Our first target is now sitting around EMA50 on the 12h time frame.
On the daily time frame, EMA50 matches perfectly with our next target of $6750 per Bitcoin, you can see it on the chart below:
- We are now trading above EMA10 (blue line). This price level can now work as support for us.
(0) $6500 (Updated - new support)
Thanks for reading.
- Now trading above EMA10 (Blue) and EMA50 (Magenta).
It is time for the bulls!
This is just a note from my side. I know this guy for less than a month. I have been following him on tradeview. I also follow could of other members. Be honest I can say this guy is one of the most professional with a great behviuor. I have made money off this guy and not paid even one penny out to him in any VIP sectors. I sometimes don’t even follow his analysis on an asset if o am not interested in that particular coin but what he writes at the bottom of each and every analysis give me a greater outlook about life in general. I am sor sorry to see this negative note in here. If I were you I would never bring my negative thoughts on anyone like this. Wish u best for all. I want to have an extra thanks to Mr.Alan for a great work what he does in this community. We appreciate it fully. God loves u man