Hi everyone , I predicted this fall , yet btc is in the predictable area , any chart have many space for charts play , now you can see btc yet have space for hit to wedges underline , and after this hit you should inspect condition , perhaps you don’t like hear this but it is fact that a trader should inspect his/her trade with any hit to new lines and areas , we can not invest our money just with hear rumors about bull cycle or bear market , we should find our trade direction every time , don’t panic , just draw your trend lines and use of your knowledge , have confidence to your knowledge - in general view now we have 2 climax that second is lowest than first and this is bearish signal , but remember this is hourly analaysis and at bigger timeframe we are in bull cycle
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Comment:
One of the factors that helps us to have a more accurate forecast of the price of Bitcoin and Eterioum is to consider the situation of some other important coins such as Link , because these Coins despite their strong dependence on the price of Bitcoin but doing Few act independently according to the principles of price movement(technical) , for example, when an Link has conquered his historical peak and even established an area to continue his movement, it is now unlikely that he will act abnormally, and if this happens in If several different coins are present at the same situation and condition , the hypothesis of its effect on the price of Btc and Eth will be much stronger, because otherwise and complete obedience without discussing the price of btc and Eth , there will be fake and shit and trading them will be unwisely , and after sometime Btc and Eth will be alone in the market and we know that this will not happen, today Link conquered his historical peak with power and now he is ready to move very big, like Rune , so we can say that Btc and Eth because Link and Rune and will stop their fall, just for links and runes respect ;) these are theories with a high probability, but they are just theories ,,,,, this is btc analaysis but don’t forget long LINK , it is going to 50-100-150
Comment:
Btc testing local bearish trendline now , be carful , both items on available (grow and fall) , wait for cross or reject from local trade line and after this I will enter in my trades
Comment:
Btc is very near to do head and shoulder in local size , if it can do this , we will see price area - be carful about your trades- you can see my new analysis about btc in my page - I will update this chart and other charts about btc - follow me
Comment:
Apparently HS completed , btc if do dump Targets are 33200 and next 31200 -
31200 is main support
I will update this chart
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31200 is main support
I will update this chart
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