crpobe21

crpobe21 Updated 

In the picture we can see the corrective phase on the 1h chart. It could correct in the form of a rising wedge on an ABC patern, or on a simetrical triangle waiting for a 5th wave up.

crpobe21 Updated 

In the range we are at now, we can see two HD not confirmed yet. Even if its a small timeframe. I believe this could be the key for the coming movements on the bigger timeframes. If the HS breaks down the neckline, it would loose the 1D MA50. Starting a C wave down on the 1D chart. If the inverted HS breaks up, we would probably see a new local high around...

crpobe21

sooner or later bitcoin sould correct a little at least... This may be a possibility

crpobe21

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crpobe21 Updated 

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crpobe21

As you can see, just before the ADAs big bull run. It had a nice wave which correction endup right at the 50 ema 1D, just the same way it did it last days. Today we are touching the 50ema and it seems it could stay above. If it does, the potential up is enormous. The RSI is REALY low and the 200/50 emas goldencross happened on march 31. Good luck

crpobe21

it could either continue inside the channel or break it to the downside forming the head and shoulders with a potential of going around 4450

crpobe21

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