I believe that we should not make any decision base on our or the other's prediction, but what I see is that there is a possibility for the price to touch that red Ichimoku cloud in the weekly timeframe and bounces back up.
This is not financial advice.
:) This is just a joke guys to give some smile to the ones who are bored and tired of this new flag pattern and the consolidation
and says that how politicians can influence different markets by a statement or a simple tweet.
The consolidation days are ahead, likely 12-13 days.
The price has reacted to ma200 pretty well, hence I expect that the price remains above that strong resistance until gets to a new and higher level.
Well we got a triangle bullish pattern in 4H frame which is more valid compare to the patterns of smaller time frames in order to trade daily. we will observe a breakout today or tomorrow and then boom shakalaka :)
This is a more accurate and more precise analysis in 4H time frame.
I remember that the last time that I used Andrew pitchfork, the price of bitcoin broke through the lines even faster than my expectation, hopefully same thing happens this time too.
Also check the older post bellow if you'd like to see that.
The sky is blue and clear, it's time to get sun.
As you can see a new strong bullish candle has been appeared out of the red cloud. this is a great sign for the next enormous bull run. the next major targets will be $20000, $35000, $50000.
As soon as Kijun sen, Tenkan sen and chikou span all go out of the red zone, the real big surge will happens.