Ok here ya go. As you can see, the Fib shows an overall favoring to go LONG. On the second sets of Elliot waves, pay attention to 3, 4, and 5. If it stays above 3 it will go sideways. If it drops, then it will trigger 4, and if it drops even further, will trigger 5. Expect a BIGGER retracement if it does drop that low. Currently it appears to wants to go below the...
BTC going to pop up to start it's new "W formation. Until MACD on the 1 Day changes, I beleive it's going to keep repeating these W formations. Everyone already cashed in their profits last week so unless good news comes in next week, it will continue to repeat these W formations.
Bitcoin is in a regular weaking ascending staircase pattern. Once this channel is completed it's correction will weaken and weaken showing the rising and impreding strength of the bulls. At the end of the next staircase finish at the major resistance, expecta BREAKOUT to well above 7000. Expect this tend to repeat and rinse all the way until the new year.
You're...
BTC is going to finish the channel. Bulls are losing strength. Once it finishes the channel, Bears will come back in, MACD will be tuned and ready to take it down also. Expect quick drop off. Bears are not done for the year yet.https://www.tradingview.com/x/uQEV4jRm/
