Algo looks set to break through either today or tomorrow. Please note that my charts are in euros. Once it does breakthrough we will flow in between €1.14 and €1.34. Good luck trading and please do your own analysis before buying anything.
Also please note, if it does not break through this weekend we could face a very bearish scenario!
Hi guys. I haven’t posted in a bit since last time I was terribly wrong about the BTC direction in my last post. I took my time to reflect on how and why I missed out on the bearish signals that caused BTC to crash. I also sold all my BTC yesterday, it seems too unstable atm.
Here’s my ALGO prediction for now. ALGO went down quite deep to €1, but is now working...
Will we see a copy of what happened last week? A small dip followed by a big pump? After the consolidation today we are ready to continue following the trend as I published earlier. Enough room in the bandwith to grow to 64K now, good luck trading 🚀
BTC looks set to break through before monday. If not, there will be a big correction. I expect BTC to hit ATH tomorrow and then push till minimum 61k. As long as it stays within the orange bandwith it will be able to grow.
Update on my previous post. BTC went down and choose scenario 3: the correction. I expect a correction between 52k and 56k at the moment, if it goes lower than support line the correction could be huge!
If BTC gets rejected again I suspect these two correction levels. Time will tell in which zone we will end up. Meanwhile my chart is still on point for the ATH approach, but the clock is ticking. We will definitely see some action soon; either a break through or a correction as described
BTC is slowly heading to 58k USD target in coming days. Small corrections but all within bandwith. I’m holding until the target. If bandwith is reached we will probably see a dump outside of bandwith. That would be the moment to sell
BTC keeps pushing although a dump is approaching. I expect this to happen around 58K USD (red zone). The path as described in my previous idea has been followed nicely, although the Asia dump this morning almost broke the trend. Let me know what you think!
Bitcoin is approaching the lower end of the bandwith and we will soon see whether it will head bullish or bearish. Bearish would mean a possible big correction, bullish means we are ready to test the 58K level.