Our BTC outlook for the next days:
- BTC dumped within an hour from 7400$-6950$
--> Now we are in the range of 6800$-7000$
- Major resistance at 7000$-7200$ / Strong support around 6800$
--> We saw pump & dumps but are always in the uptrend channel.
Analysis by @LouisInvest @el_Michalsko
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I waited the fifth wave on February 27, which would compensate for the first wave, but on that day the first wave of a smaller time frame was completed. Currently, I think that the fifth wave will close on March 7 or next to, in this case it will be similar to other waves in time. I'm waiting for 8000 $ -5000 $.
If we go out the channel up. We can wait 12639 $ -15632 $
Hey guys, last night XRPUSD made his Wave Low, in my view we gonna see now a big rise in value and XRP pushed back to 4,5 $,
this drop happened by fundamentals and Political news in korea, in my view it was a big fake to kill Bitcoin and Crypto prices for
the big players in the next few days.
A lot of negative news were caused by this drop taking out a lot of...
We finally started bouncing back of the 50 SMA on the daily. This also matches with the parabolic channel (in red), the fibonacci levels and is also approaching the end of the previous bear period ( about 58 days). At this point the price could still fall through the 50 SMA but I am more bullish and think to enter a long as soon as we see clear upward momentum.