Buy Ethereum. You will make more money. We're using Bitcoin Weekly for the Technical Analysis. Weekly is the GOLDEN KEY. By my assessment it is safe to buy now. This up wave should conclude on the Week of 14 September.
T1: $13,900 - $14,600
T2: $16,000
T3: $18,000
T1: $13,900 - $14,600
T2: $16,000
T3: $18,000
Note
Note
WARNING:From its current price, Bitcoin's next H4 candle flips red. The price to counter the flip is $11,396.14. I see a H&S. It's a 10% fall from the shoulder line.
Note
WARNING: Close your positions.Note
The H&S didn't manifest and going long looks good.H1 is on 9 but H4 (1 hour in) is on 2>1 with support from MA 9/20/50. It looks like a good time to enter. D1 is also on a 9 with about 9% to hit R3 (Pivots Fib) target.
D1
H4
Note
Move up coming:Note
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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.