$8000 - $8100 heavy Resistance possible good place to have an alert ready :) and see how the market plays out from there MACD And EMA look ok for now Still Looking Bullish Shorterm,Lets see what happens when we meet the apex and also if it can stay within the ascending triangle. The Volume also looks promising. Fingers crossed every one HooooHA.. Please feel...
Bears are out of strength though they still seem in control because there are simply no bulls!? That's right. Now there are two kind of bulls: 1. The smart bulls that are savvy investors who are looking for a bottom. 2. The fanboy bulls who were all moon and lambos and then didn't have the guts to hold and panic sold. Now they want to make back the number of coins...
T.A AND F.A BC IS WEAK WE CAN SEE MORE DIP IN BTC UPO 6800-7200 BTC is bearish in larger time frame Sell a 8200 and BuY 69-7200$
BTC is getting fuel for next rally, it's going to swing between the green line and the blu line till it'll break out again. Meanwhile this swing BTC is going to lose a bit of dominance, but after that it will takeover the market again. If BTC break the green line support, it will not break anyway the purple line support. Mass adoption and Lighting network...
The waves are not based on actual wave theory. BUT IT SURE LOOKS NICE DOESN'T IT Points of resistance found via fib retrace: $11400 $13400 $15000 That's a parallel channel leading the way for the impulse wave, and the Fibonacci extensions are conveniently aligned with it.
This is one posible scenario for BTC, I will publish another one.. If we get a good bounce from 7800 -8200$ level, we could asume that wave 3 is starting and it will get a break out of the dowtrend channel. End of correction, But if 7800 Support Breaks down, then we could hit 5.000-6.000$ again, to do a double bottom.. but this is less likely, feel more...