As predicted in the previous post of Bitcoin Analysis, with a good and powerful rise to the level of 16486, we are waiting for the price correction to the level of about 15,000 and the top of channel. After that, we enter the 5th ascending wave again.
If the important support level at 91.69 broken, the first target of Wave 5 can be considered 89.74
In case of support of 134.7, we expect decline to the levels of 132.6 to 131.3 (currently)
if the top of channel and resistance 28921 (October 13 resistance) are broken, we can enter the buy position with the target of 30959
It seems that the correction is over and we expect to climb to the top of the channel in the numbers 1.19966 to 1.2026
End of the fourth wave and hitting the neckline of the head and shoulder pattern by close price, a suitable and safe place to enter the sell position with the target of the end of wave 3
in this chart, according close price , we see that reach the range wave 4 over a and then complete timing , fall to the specific levels shown at a the chart
Pullback to bottom of channel . I expect to down to end of Wave C
End of the fourth wave and hitting the neckline of the head and shoulder pattern, a suitable and safe place to enter the sell position with the aim of the end of wave 3
Brent oil is trapped in a channel. I am waiting for failure from the bottom of the channel to enter the selling position
The previous analysis was discarded due to channel failure. According to this scenario, we expect the price to fall to the bottom of the channel.
Level 135.5 is lost. I am waiting for the reduction to the specified levels.