jjmbretal

jjmbretal

BLCUSD just bounced back and has started to form an inverted SHS. Let's wait for the confirmation of this pattern, but what is more important, it could be in my opinion inside a bearish bat formation. BTCUSD just bounced back at the 50.8% retracement between the relative maximum reached on January 6th at $17200 and the relative minimum reached on february 5th at...

jjmbretal

BTCUSDT seems to have completed properly a bullish bat pattern. If today's candle ends in green, correction would be confirmed and we should set the new target at $17.2k and a new all-time high at $20.0k. Good luck!!

jjmbretal Updated 

It's tough days for BTCUSDT and it's HODLers. But a good oportunity for those who want to buy at cheap prices. Technically speaking it's inside a falling wedge reaching its final days, and the value should break up towards the 50% or 23.6% fib retracement again soon. However the rupture of the 200 EMA allways been repected untill now (to be confirmed with todays...

jjmbretal

No doubt BTCUSDT has already corrected from the last upward rally that lead the price up to almost $20,000. But it's interesting to see how this correction happened and how the lateral movements we are seeing now are behaving: - The initial correction was led by small hands panicking. - The lateral movements happening now have a very interesting pattern: even...