Knife Cut signal worked very well with a nice 15% upside.
Bounced from diag 2, and now i expect diag 1 test, that is near 56k.
We can see that the structure is Inverse H&S breakout and retest, that will lead to ath, and maybe even more. Expect anything from bitcoin.
Bitcoin's recent breakup has made us very sad. While we were waiting for 14000, we suddenly found ourselves in 10 thousand. Now I think the drop in Bitcoin is over. I think he will at least take a pullback.
Short-term trading plan within the framework of description:
Buy now with stop loss at 11450 and take profit at 12300.
We continue our column about the nightmare fall in the price of bitcoin.
The price begins to subtly hint at the possible formation of the "Wedge" pattern in the 5th wave of the current impulse: in a more precise interpretation, this pattern is...
Price continues to move within of framework of our wave map.
We all also believe that price is moving within the upward correction channel. The optimal level for the purchase can serve as the bottom line of the channel.
In general, we are continue to expect Bitcoin price growth within the framework of the impulse waves.
Good luck to all!
The price of bitcoin continues to move according to our trading plans.
At the moment, we will expect a decline to the lower boundary of the channel. Perhaps a downward wave will makes in the form of a wedge model.
In general, we are bullish and currently 70% confident that Bitcoin will continue to rise above 14,000 in the near future.
Good luck to all!
Bitcoin declined as part of a price correction.
At the moment, we believe that the price is near good support levels, from which to make a purchase.
If we consider the medium-term prospect of growth in value, then we still believe that the price is in correction, the model of which will probably take the form of an ascending plane.
In anticipation of Halving Bitcoin, we are considering the possibility of forming a correctional model in the form of a triangle.
At the end of the graphical model, it is worth considering purchases up to 16,000, possibly higher.
If the correction model is not confirmed, then we can expect a continued decline in prices to the level of 7000, possibly...