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BTC is in a triangle state. Which very healty i think after a massive rally it is nice to cool for a while.
Resistance 1: 14750 $
Its 150Period MA (4h) . First we need to break this level, i believe that i will break within 24 hours.
Resistance 2: 16150$
Its the upper line of our triangle pattern. We have to option there
1. Break it and run up to 20000
2....
Bottom line: we have 150period moving average. Its a very strong level. I believe that it wont go below that and as we see it is where ripple make a jump.
Top line: Pink line is the short term down trend.
Theory: If it breaks the down trend, we will be mooning to fibonnaci target 4.04$
Thanks for agrees or likes to this idea..
I believe that we are in a flag fromation. Currently we are in the pink channel.
We will be in this channel for another month ( if no game-changer news arrived). 1 month later it will start rising again.
Flag formations target is 30.000$!!
Thanks for likes, agrees, follows!
Here is what is se.. at the bottom we have 150period moving average. Its a very strong level. I believe that it wont go below that and as we see it is where ripple make a jump.
Pink line is the short term down trend.
If it breaks the down trend, we will be mooning to fibonnaci target 4.04$
Thanks for agrees or likes to this idea..