Below 57000 $ it's possible to see (weak) resistance. In my opinion, The period of 26-25 March, showed the reliability of the different analysis!
Analysis 2014-2021 is added in the update.
22:50 Uk time. 1000$ jump was observed. 1000 $ jump in 1 minute! I marked the candle in the diagram. Check with a time interval of 1 minute!
We are at the beginning of wave 5 Look at CCI. * (While (4 hours candle) BTC is up to 52k $, this pattern is valid).
Based on Elliott Wave Theory, Wave 4 does not overlap with the price territory of wave 1, therefore, You can't buy again at this price! Bullish!
In my opinion, Dogecoin is checking the green resistance line! This unusual behavior is due to the random fluctuations of bitcoin. Bitcoin is entering wave 5 (Elliott wave), and Dodge is forced to increase its price!
Dear friends, It's not a head and shoulders pattern! The right side of the Neckline shall be completed (only) below the 51k! Now it's BULLISH
Also, Dogecoin is ready for the big jump!
If Bitcoin remains bullish we see a jump in Dogecoin soon.
Bullish Flag Pattern.
Now BTC is supported by the lower Bollinger Bands line, line 5 of an Ending diagonal pattern, and a strong red line. 07 Jan 21 -28 Jan 21 pattern is repeated! While BTC is up 41000 $, this bullish pattern is valid.
While BTC is up 44000 $, this bullish pattern is valid.
ETH and XRP may change rapidly (22-26 Feb) No comment.