MBCrypto_

MBCrypto_

When the market sentiment is bearish a reversal on a bullish asset is big possibility. Oversold conditions Negative narratives Fear and greed index at lows Regular bullish in 4H and Hidden bullish divergence (not yet confirmed) in 1W.

MBCrypto_

Despite the bullish mid-run we are in a weekly downtrend, if we already hit the top of the correction the bearish divergence could play out meaning a continuation towards the downside into reaching new lows. In the short term we can still pump into the 97 (0.618) golden pocket retracement level and then haaving this bearish divergence playing out.

MBCrypto_

Nice golden pocket bounce, heading to higher prices...

MBCrypto_

Bearish divengence; In an uptrend means correction. Hidden Bullish divergence; In an uptrend means continuation. (Stronger than BD) This means that we have no idea when will be the day that will continue but it will soon. Road to 100k!!

MBCrypto_

Looking for a 87k (fib 1.681) by the end of this month. We are on the wave 5 that could mean after this bullish move we could see a correction even thought this wave could end higher 100k or next fibo level 120k.

MBCrypto_

Breakout of cup and handle targeting 54 USD An iminent breakout also on link/btc chart that will give more upside for link (Check it out on the weekly timeframe)

MBCrypto_

SIMILAR FRACTAL ON LINK ( 1,2,3,4,5 IN RED AND 1,2,3,4,5 EN GREEN) TARGETS: 56 USD ( CUP AND HANDLE TARGET) 100USD ( 100% GROW FROM ATH) Less probable but its possible to see the same rise as in the last fractal; 150 USD (170% GROW FROM ATH)

MBCrypto_

Ascending triangle breakout 270 dollar is short term target but I`m expecting at least 400 dollar for mid-term target

MBCrypto_

Wait for the breakout it's going to happen soon 70%Chances of bullish continuation because of the ascending triangle formation

MBCrypto_

Despite the dip (elrond has correlation with btc) I'm pointing (green hands): ENTRY POINTS Right now bouncing from golden pocket (0,618 FIB) its a nice chance to make a %100 gain buying at 200.

MBCrypto_

Despite the corretion...it's a buy (buy the dip: A bit risky but great) Better to wait and see the confirmation with a bullish breakout to see 65k ( buy the breakout:Less risky than buying it now)

MBCrypto_

Purple scenario: Cup and handle heading to 75k (confluence with 1.272 FIB) Green scenario: Cup ( maybe we see handle after rejection) 90k target (confluence with 1.618 FIB)

MBCrypto_

Retest of the all time high and bullish pattern: High probabilities to result a bullish continuation to my 400 dollar target

MBCrypto_

Could be a breakout of the pattern if the daily candle closes above 32,5k with volume. By the time i'm neutral but holding long position from 29k level i will flip bullish if in the next days we close above 36k, in that case i will add more long positions sure. The mayor target is 50k (making confluence with the last mayor distribution structure support that...

MBCrypto_

My prediction in this bull market.Are we ready to go higher or we need more liquidity in lower levels. Both options result on a reversal, that may be confirmed once we pass 65k. REASSONS FOR POSSIBLE REVERSAL: 1.Fear and Greed index in extreme fear. 2. Several days with negative funding. 3. RSI at oversold levels 4.Weak hands already leave. But there is also...

MBCrypto_

It will seem to a bublle structure ending with a bull trap and then the bear market. it's only my opinion, what are your thoughts?

MBCrypto_

Both targets based on the breakout of the simetrical triangule. The decreasing volume is telling acumulation. We need to see volume at the point of the breakout to get the confirmation.

MBCrypto_

Bitcoin looking bullish if finally completes the breakaout. Levels to watch; 42k strong resistance 48k TARGET (head and shoulders)