avarzamani

avarzamani Updated 

It seems that many divergences is occurring in the trading process. I suppose high targets can be reached within the following days and weeks.

avarzamani Updated 

By observing a divergence in the CCI indicator and also breaking the descending trend line, the shown target can be reached soon.

avarzamani Updated 

After making liquid all open positions it is now ready to fly....

avarzamani Updated 

It's Long time for bitcoin. Although the price might test 27k for a short period of time, it will be only to gain liquidity before the start of the next wave. Share your idea in the comments with me.

avarzamani Updated 

A clear breakout has occurred in the 4 HR timeframe. The price might continue to go lower above the descending trend line but it seems that it cannot reach lower than 20$. It may take a while for a sharp start, but high targets are reachable within the next 300 candles in the 4 HR timeframe (300*4 HR=50 DAYS). This coin has a great fundamental situation.

avarzamani

Due to the many regular divergences between the price chart and the CCI indicator in 4hr timeframe, it seems that the lowest acceptable price for bitcoin is located in the triangle base. The price might cross below 42000$ for a short period of time for gaining liquidity by the brokers. But it will touch higher targets in the following months.

avarzamani

BTW, I am getting mad of this price ranging. Such a struggle between bears and bulls!

avarzamani Updated 

I almost believe in the following scenarios. If the price crosses the lower line of the channel the prediction is no more valid.