I believe this is the start of the Bitcoin correction, that I was expecting.
This is a 4H chart, so I'm going to talk to you about short term-analysis. If you want to know more about the mid-term analysis, I've written a detailed idea in daily chart. I shared the link bellow in the Related Ideas for those who are interested. So, now let's begin..
I drew supports at Fibonacci levels, each level is a target for BTC range in between. But finally the first and third target are the most important one.
I believe at our first target, if BTC reaches the 15800 price, our next main target will be will be around the red area between 14000 - 14400. At this point, me myself will start my step by step purchasing. I think this area is going too hit in early December.
14000 level is a strong support area, so as you can imagine if this area is broken, BTC is going down to other targets. The time for reaching these targets will be late December or early January, If BTC tries to go for them..
--- IMPORTANT ----
I believe these levels are extremely serious targets for me to BUY and HOLD Bitcoin for upcoming 2 years of BTC bullish moves.
So I suggest you to read my previous idea linked in Related Ideas because there are some important details about market makers, and another probable buying opportunity.
Trading is extremely risky investment, so try to get as knowledge as you can before trading.
This is a 4H chart, so I'm going to talk to you about short term-analysis. If you want to know more about the mid-term analysis, I've written a detailed idea in daily chart. I shared the link bellow in the Related Ideas for those who are interested. So, now let's begin..
I drew supports at Fibonacci levels, each level is a target for BTC range in between. But finally the first and third target are the most important one.
I believe at our first target, if BTC reaches the 15800 price, our next main target will be will be around the red area between 14000 - 14400. At this point, me myself will start my step by step purchasing. I think this area is going too hit in early December.
14000 level is a strong support area, so as you can imagine if this area is broken, BTC is going down to other targets. The time for reaching these targets will be late December or early January, If BTC tries to go for them..
--- IMPORTANT ----
I believe these levels are extremely serious targets for me to BUY and HOLD Bitcoin for upcoming 2 years of BTC bullish moves.
So I suggest you to read my previous idea linked in Related Ideas because there are some important details about market makers, and another probable buying opportunity.
Trading is extremely risky investment, so try to get as knowledge as you can before trading.
Comment:
These push ups, I don't believe they're good signs of going to All Time High.. Market makers and whales are trying to make the BTC price ready for their selling.. BTC's Correction has started, so BE CAREFULL..
Comment:
IMPORTANT --- If BTC consolidate in 19000 channel the bearish scenario will be gone for now, and it will go to the all time high.. so, upcoming hours are extremely critical. let's observe the market together.. I will inform you if anything happened..
Trade active:
19863 Bitcoin has hit new ALL TIME HIGH!!!
Congratulations..
Congratulations..
Comment:
I believe if 18400 level is broken downward, there will be no more retest the 20000 and BTC will dump..
Comment:
BTC reached 19017.. There is a possible Head & Shoulders pattern but I can say that for sure yet.. If this pattern occurs BTC will reach 18300 - 18400 that I told you before.. I share the Head and Shoulders pattern below for you to check out..
Trade closed: target reached:
As I warned you on November 27!!! Bitcoin correction has started..
In the first step, the head and shoulder pattern that I predicted was activated and reached the target..
secondly, the important support area in 18300 - 18400 is broken.. So I believe the big correction starts from today..
Let's grab some Bitcoin in lower levels as I will analysis for you in further ideas..
Good Luck!!!
In the first step, the head and shoulder pattern that I predicted was activated and reached the target..
secondly, the important support area in 18300 - 18400 is broken.. So I believe the big correction starts from today..
Let's grab some Bitcoin in lower levels as I will analysis for you in further ideas..
Good Luck!!!
