DGBBTC : Falling Wedge on classical support and resistance Zone.
1 Day Time market is Bullish Confirm.
Weekly or Monthly trend Bullish Not Confirm yet.
Market need to test At-least Main bottom.
I have Highlight in green where market has tested our Main Bottom But
I am not happy with that Crash still Need to wait for major trend Confirmation.
Analysis for next week January 6 — 10, 2020
- BTC/USD ends the trading week at the level of 7344 and continues to move as part of the correction and the formation of the «Wedge» reversal model. Moving averages indicate a downward trend. Prices remain below the area between the signal lines, indicating pressure from sellers of the digital asset. At the moment, we...
2020 is not just an year it is beginning of new decade that will be of artificial intelligence, autonomous vehicle, crypto which was started by alan turing breaking enigma code.
One of the biggest enemy of bitcoin is quantum computer in which google is king. this new year is different for bitcoin for number of reasons
news "China's cryptography law that will be...
Bitcoin is pretty much harmonic in past few month. Many Bat and Gartley patterns are successfully printed on the chart. This time bitcoin is showing the formation of Bat pattern which is mostly likely to touch two very important levels 11300 and 12000.
Intresting facts is that last two pattern printed by bitcoin are both bearish patterns which is holding support...
BTC to 1160 USD then a small increase and then 200-400 USD
Explanation of this graph.Bitcoin shows weakness for growth.So I revised my goals for its possible bottom.In global terms, the cryptography market is emerging and what we see is the current decline is only the second wave in the five-wave growth structure.The first...