In the last 5 relevant corrections of BTC, price touched bottom at basis line of 20 periods Bollinger Bands, I think it will do it again for 6th time.
At the moment basis line is at $2977
Basis line is going to go up a little anyway while price falls (about 3000-3300 area).
After correcction price will probably go to $6000 as a Fibonacci projection.
Note: Trade at your own risk, this is an especulation.
At the moment basis line is at $2977
Basis line is going to go up a little anyway while price falls (about 3000-3300 area).
After correcction price will probably go to $6000 as a Fibonacci projection.
Note: Trade at your own risk, this is an especulation.
Trade active
Note
Price bounced nice on targetNote
Morning Doji Star appeared (reversal candle pattern, bullish)Note
Every rally needs his throwback Note
Reversal trend to be confirmed this week (weekly candle needs to close above 4200) Note
Clear elliot waves, ABC correction soon. Note
ABC correction now Note
Buy alts many days before 25 Oct, the will be cheaper than todaySell weeks later
Note
Morning Doji Star confirmed, now wait for a rally to 5000Note
Price testing All-Time HighNote
We have new All-Time HighNote
Here we go 6000Trade closed: target reached
6000
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.