bullish scenario out look for me if plays out there are many possibilities, but honestly this for me is a no trade zone unless BTC crosses $3620 and closes above it which to me would signal a semi bullish outlook. if BTC is capable with strong volume to break $3620 with good momentum it should break $4 k then i would be bullish with a possible target of...
brent is following channel towards 5 th wave. monday is make it or break it so it may follow an abc correction or it should kiss $65 - $68 price range first before retracement to $58 - $59 this is not financial advice this is just a crazy man dreaming...
bulls are wearing bears out at resistance line this is a signal to me that btc will break $4200. closing above this price or neckline would indicate to me that btc should follow trend up to $4500 & $4800 if price breaks invalidation line then extremely bearish to $3200 area always use stop loss follow trend this is not financial advice
depending on btc reaction Ltc should play out this way i am semi bullish
Btc in the past has always broken out from this pattern i suspect a nice trend up. semi bullish we need to close above neckline to support idea.
i see a inverse head and shoulders pattern forming for which i believe a small retracement then push upwards towards 5.90 im bullish but we need to stay above 5.40 to support this idea. breaking 5.40 will invalidate this idea and can push price well below 5,30 to 5.22.
Bitcoin is in a falling wedge and if pattern stays true we should see a bounce back up pretty soon. im betting on a break out from bottom of wedge to a retest of $9,600 - $9,800 levels this is not financial advice.
Now honestly its very hard to say what we should do from here. There really isnt much to say other than a 50/50 chance it goes up or down. The 4 hour chart shows us that we are still in the uptrend and the sell off from $9,980 to $9,208 was healthy and normal. People have to take profits right? We cant just keep going up everyday without some type of retracement....