Are you agree with me that it can be as simple as it's in this idea! i think if the correction is finished in about 9100 this is the time to go to 10400.. so if you are agree buy btc to take a perfect profit...
i will be very happy to see your comments even if you aren't agree with me....
Do not forget to like my idea very simply (just by a click ;-> ) if you...
Dear friends, I am glad to welcome everyone!
Consider a 4-hour bitcoin chart:
Yesterday's attempt by buyers to push the price for a new local high (LH) was unsuccessful - the price did not give the expected impetus for growth, although it was recorded without a pullback in the zone of the previous limit offer. Now the coin is being traded in an upward imbalance....
Colleagues, tremendous greetings to all!
So, today, 01/26/2020, buyers were finally able to break the resistance of $ 8400-8440 and ma100, showing their strength and leaving the last word for themselves. A good signal is also the fact that they bought out the price of the straits without panic. Now you need to watch how the day closes, because there is a...
- The red line showing the bounce off the 60 RSI range into higher bull run regions looks just like the one that happened prior to the last run when we were around $800...
- We can still drop down to mid 8K range without getting off the 60-100k by 2021 trail...
- The volume is also growing just like before, Bakkt is to bring so much more, and bitcoin is a scarce...
BITCOIN - MOVE TO AROUND 5143-600
We have some exactions action from 27-29 and the price will pump to 5143-6000 Before correcting it to Area 3515 before correcting to the area of 3515 and if not closed below 3515 one candle 1d will climb the price strongly and then set goals.
Good lock every one.
March 8 : The flag is break
March 12 : The support line at 8400 is still strong and push up the price. Now the new flag is appreared and we can hope that the price will be push up to 11800$ and break down the resistance here in March 20 and will go straight to 14000$ in March 28.
Of course, the price still can be fixed a few times but the price is still in...
So I'm fairly new to graph analysis. This is more of a question, since I cannot post on the comments section. Could this be a bearish wedge forming for one last drop? I know we have broken the downwards channel. Possible bull trap? I'm really interested in others opinion!
Comment away :D
