Usually when there´s a correnction upwards in this bear market, I am not bullish . No, it´s too late. But could it be this time otherwise? Let´s see the chart: we are moving in a downtrend which is bordered by those orange lines. As you can see, the price is already almost on the top, so USUALLY I would say: look for reversal here or up to 7800. We are on a huge...
Since the last trade changed some stuff and even if we still didn´t break the support long term trendline , there is another scenario, that is much more likely to happen right now. The price got into the falling wedge pattern + created a nice bearish flag , so in this moment I believe we´re heading to retest 7300 support for sure, very likely also 6000 USD. than...
Hi guys, we have here a clear analysis of Bitcoin - The first wave started mid july 2017, than we have seen corrective wave in september, pullback - and creating the long term trendine!! . Afterwards it was just a while of consolidation and do you remember the rally in november/december? WOW, it was, something, wasn´t it? There was just one corrective wave in...