BTC New Pattern Exposed

Hello guys,

All indication pointing at one more leg up(at least to level of 7425$-7595$) for BTC before any potential drop.

But history show that when ever BTC is at potential major support or resistance it usually exhibit a pattern of 12345 where price tend to move to the opposite direction of the end of phase 4-5.

The above pattern usually may present itself in the form of divergence either BULLISH or BEARISH Divergence dependent on where price direction face.

From the pattern we are presently at phase 3-4 which may take price down to around (7050$-7130$) this is not A MUST to happen but a POSSIBILITY.

Final target for BTC at end of phase 4-5 with this pattern is expected to be between (7425$-7595$).

Then we will have a potential drop that will take us back to 5890$-6057$.

I will keep updating this thread as market proceed.

Thanks for reading through and I will appreciate your likes and please do share our ideas and follow us for more updates.

Here are some of our past hot thread on BTC.

Potential wave pattern for XBT/BTC guys check it out.

Bitcoin Corrective pattern

Potential IHS in formation with target pointing at 8000$-8800$

Possible next move for BTC

Great recovery path for BTC, do have a look.

BTC Typical wave pattern

BTC seems to bounce as largely expected of people that 58XX zone will do the magic. I saw a great analysis on the log scale showing exact price action on a re-test of major level. It worth looking at. If this is correct then BTC will be on with a great moves.

Effect of Magical trendline

The similarities bewteen 2014 and 2018 seems so real, guys check it out and see those facts and figures we might be on for 8400-8800$ according to 2014chart.

This BTC channel show entire BTC lifecyle

Trade active:

Trade in progress

Trade active:

Hello guys here is an update we have so far,

BTC trading in tight range of price where we have support at 7229$ and resistance at 7293$.
We are expecting breaking down of this range to test 7150-7000$.

But if price break this range up, we have immediate resistance at 7336$ and follow with 7495$.

Trade active:

Guys look closely at this fucking chart, Would you be a seller or Buyer????

Please drop your comment!!!!!

Trade active:

we may see 6800-7000 before further fall or it drop more from here, target for BTC is 6090

Trade closed: target reached