Not even Bitcoin can go up in straight line. Resuming Main Bull trend after healthy correction. Keep safe
Not even Bitcoin can go up in straight line. Nice correction was needed. Broke bearish rising wedge pattern and completed the projected and healthy correction to resume the Bull trend. If it´s not enough and i´m partially wrong, maybe more downside ABC pattern to previous supports (35500€/43000$) and resuming the Bull trend anyway. Keep safe and healthy.
Hash ribbon shows a capitulation signal for bitcoin. After the capitulation signal we shall have a buy signal for bitcoin. Don't forget to push the like button. Thank you.
Quick update. If BTC does not stop at that 39k euro target, the next targets are the ones I explained in the previous update. BTW, we have fully reset the RSI on the daily. That is sooo goood. I confirm 84k euro (100k dollars) at least for the first week of June.
Third opinion where bitcoin can go down : Fibonacci level : 0.382 target : 34824 Fibonacci level : 0.5 target : 28802 Fibonacci level : 0.618 target : 22780 Don't forget to push the like button. Thank you.
Target that bitcoin can go down. To the moving average 21 on the weekly timechart. Target : 35789 Don't forget to push the like button. Thank you.
Maybe bitcoin go down to the Fibonacci level : 0.618 or the 0.65 level. Target : 35351 or 34310 Don't forget to push the like button. Thank you.
Horizontale triangle Break out to the downside : 38257 Break out to the upside : 45113 Don't forget to push the like button. Thank you.
Hello beautiful person! Hope you had a great weekend even through this harsh weather in Crypto. There is much FUD (Fear, Uncertainty and Doubt) even though we have still an amazing run upwards from just January. I know that the 2017 sentiment is still strong and everyone is looking for a potential bear market like we saw back then. This time might be different,...
Quick update: The fib retracement at 0,38 is telling us we can go down until 35k euro. At that point, the new pump cicle can start. Let's see.
Here an obvious BTC fib analysis with exponential growth and increasing weekly returns for the end of the bull. Notes: - Check that red line that crosses the price line multiple times starting from March 2020! - Check the fib levels! WOW - The prices are in EURO - Pay attention to the timeframe!
At BTC EURO it seem more noticeable move to the downside than compare to BTC USD, looks like BTC gonna stay bearish till end April until it hits the bottom of the big up channel. There are 2 support to hold it up still, but important that BTC not move beyond the bottom channel otherwise become really bearish.
I believe BTC will further retrace, return back to the means first, before running higher later this year.
"The only thing I know is that I know nothing" - Socrates What will happen next doesn't matter, what matters is your strategy and how you can take advantage of price actions. Let's have a look at Bitcoin market through different timeframes (M1;W1;D1;H4) Starting by the monthly chart, we can see that BTC is in a long-term bullish trend since 2013 and is as of...
Double bottom pattern Price prediction : 51870 Inverse head & shoulder Price prediction : 50985 Descending channel Price prediction : 47587 Horizontal triangle Price prediction : Break-out to the upside : 50400 Break-out to the downside : 42261 Don't forget to push the like button. Thank you.
Will break up and continue growth? This month should stay as red candle 9 days to go.
Just the first experience nothing more ... This is not financial advice! This is Just Paper...