Hello Guys. How are you today? Let me say to Frankly, It's not financial advice. that is just a Vision of the market. that's all. ***************************** Today, I want to talk about Bitcoin in Monthly Time Frame. as you see, I used the Fibonacci channel. I remove other levels except 0 - 0.5 - 1 - 1.5 - 2 I want to introduce you to 0 as a low of the first...
A bullish rise for Shiba from A to E. Drop off shortly after E to around 18 - 18.5 Time (1pm uk time to 7/11pm) Slight drops between A B C D E but a steady incline for Shiba which could see it break pass the 19 mark. What's your thoughts ?
BTC is not looking any good. We see a descending triangle + head and shoulders pattern (yellow line). I am NOT expecting BTC to go further below the 58k level since this has proven to be a strong support level. If the 58k level gets broken and a daily candle closes under that level - the bullish run would be in DANGER and things will look very bad. Stay tuned.
This isn't the one, but the one is coming soon.
probably won't do much for a bit but who knows not investment advice
Don't have to draw anything to see that this is a rising wedge which should give us downwards momentum... Lack of Buying Power
Testing a new setup :) .. bounce potential on the fib spiral.. |btc| could break out the box.. Cheers, Keops