Hi guys,
Digging deep again on BTC, pattern found is BULLISH CHANNEL not rising wedge as described before.
This channel is expected to terminate at (7400-8000) which equivalent to 78.6% fib retracement of the previous move with the high at 8400$.
RSI signal uptrend continuation which is Bullish.
Channel wave also indicated Bullish sign.
Then if the above target is achieved a possible reversal down may follow.
Immediate Resistance are:
6795
6870
7185
7495
7940
8200
Immediate Support are:
6418
6225
6120
5865
5760
I will keep updating this thread as long as market proceed.
Kindly like this post and please follow us for more.
Thanks
Digging deep again on BTC, pattern found is BULLISH CHANNEL not rising wedge as described before.
This channel is expected to terminate at (7400-8000) which equivalent to 78.6% fib retracement of the previous move with the high at 8400$.
RSI signal uptrend continuation which is Bullish.
Channel wave also indicated Bullish sign.
Then if the above target is achieved a possible reversal down may follow.
Immediate Resistance are:
6795
6870
7185
7495
7940
8200
Immediate Support are:
6418
6225
6120
5865
5760
I will keep updating this thread as long as market proceed.
Kindly like this post and please follow us for more.
Thanks
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Please like my analysisTrade active
Guys can we make this post to be No #1 on TV???Trade active
Going as expected so far.Trade active
Resistance to watch for:6988
7135
7495
7800
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First target achieved 7100$.Note
Guys can we make this post to be No #1 on TV??? let do it together
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Potential IHS in formation with target pointing at 8000$-8800$
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74XX$ here we come, let go guysTrade active
Nice move guys, like our analysis please and follow us for cool updatesTrade active
Hi guys,We are very much on course, BULLISH CHANNEL still very active.
let talk about pole and flag, it form in bullish form and hit its target at 7225$. That is done and dusted,
Back into another bullish channel inside the biggest Channel, we hit wave d up and next move is expected to be down towards the previous resistance level at 7115-7127$.
Then after this mini correction trend will tend to continue its uptrend move for final target at 7432$.
Thanks for stay with me guys, follow us and please explore more on all our altcoins.
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Potential wave pattern for XBT/BTC guys check it out.Please like our post and follow us for good updates.
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📢Follow the official links only! Trade smart, stay safe! 🎯
Telegram: t.me/+m0IACMn0ul03OTFk
Forex zone: t.me/+piiPgrNtrulkNDk0
💎 Premium details: t.me/wcsepayment
📩 Promotion/Partnership: t.me/WESLAD
Telegram: t.me/+m0IACMn0ul03OTFk
Forex zone: t.me/+piiPgrNtrulkNDk0
💎 Premium details: t.me/wcsepayment
📩 Promotion/Partnership: t.me/WESLAD
Related publications
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.