Scenario 1
Bitcoin forming ascending triangle, price will rebound after facing trendline and EMA 100,
the next couple day price will retest $59k trying to break resistance.
If bitcoin success, we will see new ATH.
Scenario 2
Bitcoin breakout the trendline and EMA 100, price falling down to EMA 200 & facing bottom of Uptrend Channel,
If price success to breaking channel, I think trend has change, welcome bear market.
Note: Weekly candle so good.
Bitcoin forming ascending triangle, price will rebound after facing trendline and EMA 100,
the next couple day price will retest $59k trying to break resistance.
If bitcoin success, we will see new ATH.
Scenario 2
Bitcoin breakout the trendline and EMA 100, price falling down to EMA 200 & facing bottom of Uptrend Channel,
If price success to breaking channel, I think trend has change, welcome bear market.
Note: Weekly candle so good.
Comment:
Looks like, there is high possibility BTC reach new ATH for next couple day.
Comment:
Bitcoin reject EMA 200 with Bullish Pin Bar candle.
We can see bull flag too.
We can see bull flag too.
Comment:
Potentially bull divergence, we are at crucial state.
Just wait and be patient.
Just wait and be patient.
Comment:
If the scenario same as previous month, we will see new ATH.
If the scenario same as previous month, we will see new ATH.
Comment:
Bitcoin breakout bull flag, new ath coming.
