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
Comment
Comment
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.
Comment
WARNING: Close your positions.
Comment
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.
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.