#BTCUSD showed a bullish reaction that is currently stabilizing in the bullish correction lvl.
Further, target for BTC is 80K USDT. If we see an activation of the black sequence in the following weeks, the possibility is higher that we will reach 80K plus.
If we continue to see a reaction in the bearish whole correction lvl (yellow), BTC stays bearish and could...
What up everyone!?
It seems like we were right with our analysis for now.
BTC hit our target (C).
Check the analysis before.
Now we are in a big bullish buying pressure zone (black).
It will be interesting how fast we can break the bearish selling pressure zone (yellow).
I personally wanted this to happen, and I follow the system.
So I reentered the...
In the analysis before we talked about the bullish and bearish pressure zones.
The bears have won for now. We have a bearish sequence activation (yellow).
If the sequence is activated (price is lower than A) the probability in higher that we see a correction to (C) our target.
It's beautiful to see, that even fundamental news, don't interfere with the...
Bitcoin is currently in a very interesting zone. In black, we have our bullish sequence.
The target would be about 82K plus.
We also have an orange sequence (finished).
Now the whole correction level of this orange sequence is the bearish selling pressure.
Kinda interesting to see.
Also, we will see who wins... bear or...
BTCUSD is currently in a bearish active sequence.
The bearish sequence in turkoise has his (C) level in the B-C correction of the red finished sequence with the current new ATH.
We have to confirmations that BTC will drop to this level. Very important is that BTC does this move to stabilise future ATH'S.
If we take the red sequence correction level and analyse...
XRP faces an SEC charge.
Logically people sold out of fear.
SEC lawsuit could result in XRP not being allowed to supply more XRP.
Supply freezes and you know what happens after......... *high*
Technical analysis tells us, that we have enough space and bullish patterns are shown in smaller time frames.