Bitcoin Analysis Keep pump or dump?
Hi all, It's Goldencloud Crypto Jude here.
As you can see my last idea that my position close at the same price when I got. nothing lose and profit.
It looks still possible pump from 32.9k, ABC instead Impulsive wave. It looks finised ABC A and coming B right now.
Hope it goes down a bit more and bounce back to my target.
See how it goes.
Eliotwave
BTC/USDT$ 6500 range maintained for more than 30 days.
The failure of this range from both sides will determine the direction of the market.
For long-term investment in Bitcoin, you have to wait longer, but for short-term traders, you can make a buy on the specified bottom and use the sell in a top range.
herousdtAccording to market conditions
We had a correction of 0.87 to Fibonacci
We seem to have entered wave 5
Bitcoin has entered the deathbed. Cause = OmicronBitcoin has no value. Its value is made by human emotions. What happens when humans enter the depressive state of mind? Bitcoin will no longer be supported nor be interesting.
With this corona bullshit, people all around the world are entering a depressive state of mind.
This analysis is supported by bearish divergence on the indicator "EWO"
"What has been will be again,
what has been done will be done again;
there is nothing new under the sun."
Ecclesiastes 1:9
Thank you!
BTC breakdown daily trendHi every body
In daily we can see price break uptrend (white dash line)
as you can see I count an ending diagonal wave(orange . in my opinion wave 5 could be finish around 65000$
resistance : 65000-68000$
support : 40000$
salam dostan,
dar time rozane khate ravand sefid shekasteh shodeh, hamantor ke mibinid yek Endig Diagonal shekl gerefteh, be nazare man moje 5 mitone dar mahdodeie 65000$ be etmam berese
resistance : 65000-68000$
support : 40000$
TESLA long positionWe can see that wave I and wave II are already formed. Also we can see waves 1 and 2 and expect waves 3, 4, 5 and abc after that all in direction of forming third (III) wave in uptrend and that is the place to close our buy orders and to find new better prices to follow this uptrend. Wish you a good trade.
The sharp drop of bitcoin by the completion of the Shark patternOMG this is very bad for bitcoin :( The very sharp drop in bitcoin shows us a combination of market modeling that in the future can complete shark pattern. On the other hand, the price has reached its normal 5th Elliott wave area.On the other hand, we have negative regular divergence(RD-), which all of thease could be the next evidence of a long-term decline for bitcoin .