Update
Btc/usdt
Back at major support❗️
From This $38.8k level, we have two bullish set ups:
•Impulsive Elliott wave :
Bitcoin will keep trading during the weekend above $38.8k,close the weekly above the 0.5 fib level at $39.2k ( NO CME GAP). Start the impulsive wave 3 🎯$49.8k.
•W-pattern :
Bitcoin will fall back inside the descending channel, reach...
After we had the 28th of february move as expected till the 44k zone, followed by a consolidation move to the 42-40k range. Currently founding support at the 50 EMA level and on a 0.5 fib forked support level. Holding this level will bring more succes probability to the inverse H&S formation; Target: $55.2k. Failing to hold support will give as a chance to enter a...
On december 2017, Bitcoin topped out at the highest band of the log growth curve which was also the 0.618 fib level of this fib circle. On December 2018 Bitcoin managed to find support on the lowest band of the log growth curve, which was also the 0.786 fib level if the same fib circle. After the Covid black swan event, we started a bullish impulsive move to the...
