XRP could to down to $0.60 cents.Just, I analyze XRP from Daily timeframe to know my perspective in the market. XRP was formed a simetric triangle, but unfortunately, XRP break down of this chartist pattern and the price it's leading to the support of $0.60 cents.
That it's all what I see. Also, if you buy at $0.60 cents. This will be the latest opportunity to buy XRP at $0.60 cents approximately. And no more we can to see XRP below of $1 dollar once that go back on the Dollar. But, I thinking just to buy 1,000 XRP coins when the price stop the bear movement and buy approximately in this level at sixteen cents.
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Now, in this screenshoot, remember, if you hold XRP by long term. Notice that XRP may to explode on 2022. And you would need to know this secret information what Federal Reserve and Government planning to use XRP in the future to move all money and create a next wealth generation for the next elite who hold XRP., above of 1,000 XRP coins.
Trendanalysisexplained
This it's very bad for Bitcoin!!! The sell-off continueIn this short position that I make in the past 2 days, Bitcoin it's continue in bear movement toward my target at $30,000 USD.
Now, I want to share you my 3 screenshoot in my multitimeframe analysis that you need to watch:
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In Daily timeframe, Bitcoin continue down and the perspective it's look more bearish!!!
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In weekly timeframe, Bitcoin it's look bearish and this formation, it's a bear signal that we could to continue in sell-off in the half year and touch a new price minimum in this year. I see that Bitcoin complete the formation of elliot wave analysis. And maybe, we could to form an ABC correction toward the $20,000 USD key psycological support from 2017 maximum historical price.
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But looking in monthly timeframe, that it's my big warning for Bitcoin holder. if Bitcoin close down this candlestick monthly in 10 days, Bitcoin may to continue down and we could to leading to the bear market.
Ethereum could to recover the trend to $4,000 USD soon!!!At the moment, we enfocous more in Daily timeframe that it's look a bullish panoramic for Ethereum.
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Now, in the next hours, I believe that Ethereum it's trying to make to support the level of $2,700 USD to then, maybe forming a double bottom. A double bottom it's a chartist pattern that the price make support 2 times and traders defend the critical level to become more bull. For that, this it's another idea that I thinking, but for that, we would need to hope to know what happening in it.
So, in the next hours, I hope that Ethereum make a little down to $2,700 USD to know if Ethereum make support in this level in H4 timeframe.
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Maybe, the H8 timeframe it's look very well to look the trend!!!
So, I hope that Ethereum go to $2.700 USD. Because, Ethereum need to make a double bottom and that will be the chartist pattern that I hope to entry in long posiiton in this cryptoucrrency.
Warning: Sell Bitcoin now!!! During the past weeks. I see that Elon Musk doesn't accept Bitcoin, and that was a panic in the cryptocurrency for what Elon Musk doing in the past weeks, and that cause that Bitcoin and cryptocurrency continue crashing during these days. Also, I was sick during this when Elon Musk make this message and I havened like 2 weeks without analyzing the crytpcourrency as I was sick. But now, I'm okay of this disease that I get. But now, the crypto-market it's not stable and we see that Etheereum, Cardano, Chainlink, XRP, EOS, Tezos, Litecoin and rest of cryptocurrency crashing. That it's very bad. Ethereum was $4,000 USD, now Ethereum it's right now $2,600 USD. And also, this bearish movement was so volatil how we see this crash of Bitcoin. But guys, as message, if we're leading to the bear market in Bitcoin and cryptocurrency, maybe, we can to get an accumulation zone before to continue up, that could be an opinion that I consider like hypotesis. If we see that, our best reccomendation it's save your money or gather enough money of your job to buy Bitcoin or any cryptocurrency more cheap and disccount.
But ok, we see in H1 timeframe that Bitcoin it's preparing to down toward the $30,000 USD and I use this timeframe to analyze better what happening on Bitcoin. We see in H4 that it's bearish too.
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In Daily timeframe it's look bearish panoramic formation, but look, in the RSI and MACD, we see bearsih divergence that I don't see and I note right now that this was a signal of reversal of the trend.
At the moment, I put a sell order limit at $40,500 USD with a SL at $44,000 USD and my target profit will be $30,000 USD
Cardano to $3 dollar!!! Long positionAt the moment, as update, there's an interesting trade in Cardano. You can to entry right now in Daily timeframe becuase I see that Cardano make their little pull back and irhgt now, it's touch the 0.382% of Fibonacci ready to entry in the market price.
You can to entry in the market price with the SL around of $1.32 USD, remember we keep this position by longer as I analyze in Daily timeframe.
Good luck!!!
Chainlink break out this bullish rising wedge; bullish patternChainlink show us a good trade in this day, we see that Chainlink was consolidating forming a bullish rising wedge, the price make support above of $50 dollar as I show you, you can to buy right now this cryptocurrency putting a long posiiton in your trading, so, my target profit will be $60 dollar soon.
Guys, Chainlink continue growing up, for that, this cryptoucrrency will be the next to explode.
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In H8 timeframe it's look bullish, and also, I apply lines to my technical analysis and we see that these lines form a basic channel that make support in four occasion that I show you in this green arrow. for that, my prediciton for Chainlink will be the $60 dollar.
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We see also that Chainlink form a key support that I show you in this Daily timeframe, and make support, that it's another bullish indication that Chainlink it's the next cryptocurrency to explode. For that, this trade will be awesome.
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Chainlink it's leading to $100 USD by medium term if you measure in 3 Daily timeframe.
Guys, this it's an opportunity to trade Chainlink, for that, good luck in this awesome posiiton in Chainlink. Remember, we reached the $7.70 USD target in Tezos and we get profit in this cryptocurrency. Meanwhile, we're in Ethereum trade and profit from $3.350 USD, Ethereum it's above of $3,500 USD.
So, in this week. the next cryptocurrency that could to explode are Cardano, XRP, Litecoin to be in the radar between this week and begining on Sunday o the next week.
Alert: Cardano break out the ascendent triangleLooking the Daily panoramic, Cardano break out this ascendent triangle of accumulation zone. That mean that Cardano it's going to up to my speciic target at $3 USD based in the ascendent traingle base, what I measure the width of the ascendent triangle to get a prediction.
Guys, remember, in Simple FX you can now to open up a Cardano account, so very soon ,i will going to send 4,300 Cardano coins to starting to accumulating Cardano. I will going to be specific to get more Cardano coins to accumulate.
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In 3 Daily timeframe, Cardano it's extremely bullish by short term toward $3 USD.
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Now, the Daily panoramic it's bullish.
Now guys, yesterday I sell all my cryptoucrrencies to get Cardano coins, I sell Bitcoin, Ethereum, Chainlink, XRP, EOS, Litecoin and Tezos for Cardano. Now, I hold around of 25,003 Cardano coins, but part of my Cardano, I will just to use 4,300 Cardano coins to send to Simple FX to make trading using Cardano to accumulate my favorite cryptocurrency. So, I find up an interesting trade in Cardano toward the $3 dollar. For now, we hope an entry price around of $1.56 USD to make sure to entry in good price. And not now, becuase maybe I hope that Cardano down a little to $1.56 USD to then, hope a price action to give me a buy signal.
Update: Tezos continue up to $7.70 USDWe're in profit in Tezos. Congraluations. My entry was perfect!!!
Now, I put a break even in the entry price that in the second time, we re-entry in Tezos. My entry was around of $5.75 USD. I move the SL at $5.70 USD for just 5 cents. But we're in break even cut the loss.
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Now, in Daily timeframe, Tezos explode!!! For that, we're bullish, we can to consider to entry in the second trade in the support of $7.70 USD. but we hope. At the moment, I'm in Ethereum and in profit both in these trades.
Be Prepared for this Cardano movement!!!Cardano still consolidating into this ascendent triangle and we're in the base of the maximum historical price what Cardano reach the $1.53 USD on 2017. Now, Cardano it's preparing in this altseason of the cryptocurrency. This it's my alert for you and Cardano holder
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Now, in this link, you can to view the monthly timeframe if you hold Cardano. Remember, this cryptocurrency it's a good and excellent cryptoucrrency that competing with Dogecoin, XRP, Ethereum, Polkaot and many of the top cryptocurrencies that it's in the best top cryptocurrency. For example: XRP it's another big competitor, Dogecoin it's becoming popular and so scare for others cryptocurency becuase Dogecoin it's entry in the top best cryptocurrency, and Ethereum it's still in the top #2 as the second biggest cryptocurrency by market cap and also, Ethereum trend continue up and Ethereum it's becoming more stronger. Ethereum it's the queen. In fact, that Ethereum price it's so near to reach the mark of $4,000 USD, Ethereum take a lot power to dominate the cryptocurrency, but what cryptocurrency could to beat Ethereum? Could Cardano beat Ethereum? If that occur, Cardano could to steal the place as queen and Ethereum will be death for Cardano. In fact, that Ethereum have a lot power, all depending if Cardano could to beat Ethereum, But based in my opinion, Cardano have all to beat Ethereum. For that, I vote for Cardano. And also guys, in Simple FX you can to deposit Cardano if you're intersting to accumulating Cardano making trading or open Cardano contract to keep these Cardano contract by long term and you can to accumulate more Cardano. For that, I will going to apply the both and I will going to quit 4,300 Cardano coins in what I hold 11,234 Cardano coins to send in Simple FX to starting to accumulating Cardano making trading, and well, in my others crytpocurrency today I sell all my Ethereum, Bitcoin, Chainlink, XRP, EOS, Tezos and Litecoin and many cryptocurrency to change all for Cardano. For that, I vote for Cardano. Right now, I pass my 20,000 Cardano coins sum in what I decide to sell my cryptocurrencies for Cardano. Becuase we're prepared for the next gains to the moon. And Simple FX it's could to help me to accumulate much Cardano. As I overpass 20,000 Cardano coins, in my exact quantity I have 25,003 Cardano coins in hold, but rest the 4,300 Cardano that I send in Simple FX to start to accumulatign much Cardano. My next target it's to reach the 30,000 Cardano, later 40,000 Cardano making trading and take note in what i have in hold that it's 20,703 Cardano in my wallet. And I have 4,300 Cardano in Simple FX ready to accumulate using Cardano fund into this broker. And also, I mentioned in my Twitter account that Simple FX add Cardano to fund into this cryptoucrrency making trading. My next objective it's the 30,000 Cardano. But if you want, we can to talk about of Simple FX in the Cardano accoutn what this broker offer for us, Cardano it's a high signal that we can to take note that this cryptocurrency it's so bullish.
Guys, if you find up that this idea it's very interesting for you, you can to share this analysis with others traders, crypto-enthusiastic and Cardano enthusiastic to take a plan to accumulate Cardano by long term.
Bitcoin could to continue up to $64,200 USDAt the moment, looking in Hourly timeframe. Bitcoin could to continue up to $64,200 USD. This will be my target, Now, we hope an entry price at $55, 700 USD, in that price it's a good zone to buy Bitcoin to make trading.
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This it's a screenshoot in what we see Bitcoin in H8 timeframe, I use a lines technical analysis, there's a lot time that I do not apply it.
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In Daily timeframe, Bitcoin it's into this bullish channel that it formed. Maybe, the price it's leading to $64,000 USD again. But if we see for example. In 3 Daily timeframe, Bitcoin it's still bullish that we can to leading to $64,000 USD again.
Now, we hope that Bitcoin going to make a pull back at $55,700 USD approximately, in case that Bitcoin continue up, we cancel this trade and I look others trades in cryptocurrency. Very important, be patient and we hope htat Bitcoin make a pull back in these zone.
Bitcoin Cash could give us a long position!!! Fibonacci levelsAt the moment, Bitcoin Cash it's show us a good entry in the 0.382% and 0.618% of Fibonacci, into this two levels, we can to entry in long position in Bitcoin Cash. And maybe, this trade are more interesting than trade Bitcoin, I will going to enfocous in Bitcoin Cash than Bitcoin, becuase the difference it's the volatile and Bitcoin Cash it's became a volatile cryptocurrency and the price it's so near of $1,000 USD.
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This screenshoot help you to know the trend
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It's very important for us to know the Daily timeframe because it's the key to follow the trend. So, in general, it's bullish
Now guys, at the moment, we hope an entry in BItcoin Cash into these Fibonaci levels in 0.382% or 0.618%.
Good luck!!!
Dogecoin to $1 dollar soon: OH MY GOD!!!I see that Dogecoin are becoming so popular cryptoucrrency that could to beat the next cryptocurrency. I have a forecast that Dogecoin could to take the place #4 or #5. I don't know this proyect, but I heard about this cryptocurrency from 2019, and I remember htat Dogecoin worht just $0.002 cents, just for below of 1 cents. I'd never buy Dogecoin becuase for me in 2019 this cryptocurrency it's look so stupid with a yellow dog background, their logo. But right now, I was sorprendent of this cryptocurrency that entry in the tops best cryptocurrency in the radar and becoming so popular what Elon Musk do. But, right now I notice the importance in it. But very soon, I'm interesting to study Dogecoin and what about of this popular cryptocurrency that could be the most popular cryptocurrency in 2021-2022 together with XRP, Cardano, and much others.
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This could be my 3 targets profits for Dogecoin, now if you invest and hold this cryptocurrecy from a lot time, congraluations!!!
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In short term, Dogecin could to reach the mark of $1 dollar. This cryptocurrency it's growing up more than others crytpocurrencies.
And well, if you look the Dogecoin supply in circulation, there're over 129 billion. For each 1 dollar, the Dogecoin market cap could to overpass the popular cryptocurrency like Polkadot, Cardano, Tether and XRP. Now, I don't know why this happen, but I will goign to review the fundamental analysis of this cryptocurrency and study the fundamental analysis of Dogecoin.
At the moment, the only that I make it's to sell part of my Ethereum to buy 10,000 Dogecoins and fund in my Simple FX account, recently, Simple FX add Dogecoin account for cryptotraders who want to accumulate Dogecoin, and for that, I take this decision to sell part of my Etheruem to buy Dogecoin.
Guys, very soon, I will going to talk about of Dogecoin if you're not understand about of this popular cryptocurrency in our radar and know what happening with this cryptocurrency that it's growing up fast.
Alert: Tezos confirm this shoulder head shoulder invertedI entry in the market price in Tezos, I know clearlfully that Tezos go back to $7 dollar I see that Tezos it's sound interesting, I entry in Tezos right now, becuase this trade could to bring us a good profit at $7.70 USD. You can to entry in Tezos right now and put a long position until $7.70 USD and the SL will being $4.90 USD.
So guys, we see a shoulder head shoulder inverted, and break out this neckline and if you check the Daily chart, and looking the price action, the yesterday candlestick closed up extremely bullish, look below:
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For that, I will going to entry in Tezos to long position until $7.70 USD
And guys, I have a surprise for you, I decide to move all my Ehtereum trading account to Dogecoin trading account in Simple FX and in some minutes, I will going to explain whey I make it. I just move until 10,000 Dogecoins that I convert in Ethereum to accumulate Dogecoin, until reach the 100,000 Dogecoin, I decide to withdraw to use and invest in Cardano, also notice that Dogecoin could to growing up than others cryptocurrency, i will going to discuss it why. But if you're interesting, you can to open up a Simple FX account broker to fund your Dogecoin to make trading, I thinking that making trading and get proits in Dogecoin plus the price continue ascending to up, I can to buy more Cardano like 50,000 Cardano coins thanks for Dogecoin to make trading. For that, this will be an exquisite huge profit in Dogecoin. For that, I decide to pass just 10,000 Dogecoin to accumulate much more.
Bitcoin Cash continue up to $1,500 USDThis cryptoucrrency show us an interesting trade to know that we're in this bullish trend. This it's the weekly chart and we see that Bitcoin Cash continue ascendint to $1500 USD in few weeks.
At the moment, this it's my information that I have in weekly timeframe!!!
XRP could to form a shoulder head shoulder inverted!!!In the H12 timeframe. I see that XRP could to form a shoulder head shoulder inverted in H12 timeframe. For that, we hope an entry at $1.46 USD, but if that chartist pattern going to be invalided. Therefore, our price entry will be $1.46 USD. That chartist pattern will be possible to see that maybe XRP make a little down to $1.15 USD
At the moment, in Daily timeframe it's look bullish!!!
Guys, this idea it's for bybit and if you're intersting to accumulate XRP. you can to go in Bybit to register and trade XRP. And remember, I will going to use XRP generated in Bybit to invest in Cardano all. For that, I make this decisio to make trading and then, invest in Cardano. And I know that XRP could be more volatile than Cardano.
One of my plan it's to buy a lot Silver!!! This for why!!!Silver it's real money as Gold in the same time. I like the Silver based in that Silver it's more cheap to buy, accumulate more of this metals to protect ourself against the financial crisis that we live. Guys, remember, currrencies continue down in the trend whether it's U.S. Dollar, Euro, Great Britain Pound, remember, the world currencies are made in paper that don't have value. It's mean, in the time continue down little to little until we open up our eyes that the money don't have worth to buy our expenses or utilities. Look an example of the following countries like Venezuela or Argentina. Venezuela and Argentina are 2 example of latinamerican that they live in the hyperinlation. For that, there's a lot time to buy Silver if you're intersting in it. In my part, I like the Silver and once of my plan later that ending the bull rally on cryptoucrrencies. I going to buy Gold and a lot Silver to hold in long term and protect my money agains the inflation. Guys, do you know hwat happened in this time. that the unique Federal World Currency continue down and that put in warning for the U.S. Dollar, all transaction over the world it's in U.S. Dollar and if U.S. Dollar continue down, there's will be a financial crisis in the global scale. For that, as option to invest in metals in Gold and Silver, are excellent for us. This it's my short message for you and I'm watching in the 6 monthly timeframe by long term. I see that there're a lot way to run in Silver to continue up. For that, my good counsel later or be part in the cryptucrrency earnings, a good option if to buy Gold and Silver.
For example: When Cardano reach the target of $10 dollar, I decide to part of my Cardano sell in cash and use this cash to buy Silver. That will be an excellent plan.
Cardano it's leading to $3 dollar!!! My next prediction!!!Cardano price still stable, in this week, Cardano invalided the continuation of the down to $0.80 cents and the price it'
s still into this accumulation zone. For that, Cardano holder are extremely optimistic in this cryptocurrency. We see that I have a bullishsetup that Cardano it's leading to $3 dollar, that it's my next prediciton to reach in Cardano.
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But if you looking in 3 Daily timeframe, in medium term, Cardano it's leading to the next parabolic trend to $10 dollar in medium term. Guys, this will be a big news for Cardano!!!
That is it.
And I wanting to say you a thing, Cardano it's the best cryptocurrency that I never know, for that, this cryptocurrency have a lot fundamentals key that Cardano introduce smart contract, Non Fungible Tokens and Cardano want to crate a DEFI ecosystem, that the great masses will bring a lot adoption for this cryptocurrency in the near future. Cardano it's my opportunity. Also, I thinking to sell all my cryptoucrrencies to Cardano, it's mean, I interesting to invest all in Cardano. Based in my opinion, Cardano it's a giant cryptocurrency that could to bring us a big adoption in these thing that I mentioned like DEFI, Non Fungible Tokens and smart contract. Cardano it's 100x more scalabe and so powerful than Ethereum that could to make a revolution in the Blockchain industry then and the next years. For that, Cardano it's a best cryptoucrrency Now, Ethereum it's the second biggest cryptucrrency and so powerful that it's similar with Cardano if we compared it. The only that Cardano have a small difference in the scability and the fundamentals key. I hold 11,234 Cardano coins, but I thinking to sell Bitcoin, Ethereum, Chainlink, XRP, EOS and Tezos to sell all these to buy Cardano. If right now, I going to sell XRP, i get like 5,200 Cardano coins more, in what I have in hold 4,534 XRP coins. In Chainlink I have just 63 Link, and I get like 1,600 Cardano approximately. And Ethereum I hold just 4.67 ETH. And well, in that case, I can to get so near of 8,000 Cardano coins. And the next coins like Bitcoin, EOS and Tezos, maybe, I will going to check. But, looking in that, that mean that if I make to sell my cryptoucrrencies, I can to get over 20,000 Cardano coins if I make it. But it's ok, so, I make trading too, and well, if I make it, I can to get much Cardano just using a strategy to get a compound interest to invest in Cardano. I have an approximately that I can to get at least 30,000 Cardano coins in the end of this year. For that, I true more in Cardano, that it's the unique cryptucrrency that I have a lot eyes in this proyect and I'm so enthusiastic in this cryptocurrency that I would like to be part of Cardano team to contribute goals and ideas to support this cryptoucrrency by long term. Well, in based in my cryptoucrrecy like XRP, Chainlink, Ethereum and others that I have in my radar, notice one thing, I believe that Cardano make a lot competence of these cryptocurrency and this cryptocurrency could be into the Fintech technology for the Blockchain technology. For that, smart contract in Cardano could to jump the price to up and a ecosystem so industrialized to create tokens based in Cardano or cryptocurrency in Cardano, for that, I don't have any doubt that Cardano in the next years will bring us a big surprise for us. But, I thinking to sell all my crypto for Cardano, and trying to reach the 30,000 Cardano the less having in hold just making trading.
Bitcoin still bearish based in my perspective point!!!At the moment, I see recently that Bitcoin starting to up, but in general, Bitcoin it's below of the 3 EMAS: 200, 50 and 21.That mean that Bitcoin still in the bearish movement until $45,000 USD, that it's a Daily strong support and the best price to continue buy more Bitcoin. I know that the market it's overbought and that chances could to jump the Bitcoin price to down.
In Daily, it's bearish. But in H4 it's could to form another simetric triangle, and that could be a possibilities that Bitcoin it's in the middle point to down. And also, in H4 we see a bullish divergences, but remember, that not guarantize that Bitcoin up by divergences, use always the price action, in that case, Bitcoin still bearish until $45,000 USD. Now, depending what happened today, if Bitcoin just make a support above of $50,000 USD and continue up in the next hours, my others perspective it's that maybe Bitcoin could to form a shoulder head shoulder inverted in H4 timeframe.
Opportunity in Cardano: Buy more cheap!!!At the moment, Cardano price it's around the $1 dollar exactly, the price could to down below of $1 dollar. the price could to leading to $0.75 cents approximately before to continue up, that it's the level of 0.618% of Fibonacci that form this support very important for us. Guys, if you don't buy Cardano, this could be the last opportunity to buy for below of $1 dollar, Becuase later that Cardano touch the $0.75 cents, Cardano it's go back above of $1 dollar and then, go like a skyrocket to $2 dollar
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We can to say that Cardano break out this monthly timeframe that I don't see. MAYBE, Cardano need to make a pull back approximately at $0.75 cents to then, continue up.
I do not going to trade Cardano until reach the $0.75 cents or show any different movement that I do not hope. But, I will going to still away of this par at the moment to be enfocous in others.
Could XRP forming an elliot wave cycle? XRP continue droping today from the $1.34 USD that was my short entry price and right now, XRP it's around of $1.05 USD. And right now, we see the 3 Daily timeframe and we look that XRP could to form a correction #4 before to continue up.
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Now, in the weekly timeframe, we have 2 support: The first support it's around of $0.90 cents and the second support it's show in the level of $0.63 cents. Depending on this drop, if XRP continue break down the red support, XRP could to large more dropping to $0.63 cents.
Guys, we trade in Bybit this cryptocurrency and I invite you to join and follow my cryptocurrency signal that I talk everyday of Bitcoin, Ethereum, Cardano, XRP, Chainlink, others crypto that I have in my radar like Litecoin, Tezos and EOS.
News:
1. At the moment, I decide just to buy 10 Litecoin, 100 EOS and 100 Tezos by long term. I consider these cryptocurrency like my top #6, #7 and #8. In based that this cryptocurrency. One of my plan it's use this cryptocurrency to buy a new home, a new car, pay my own education in my college to study Finance and much more. That will be my plan for myself.
2. I decide to hold until 5,000 XRP coins to measure my result before, now and after, and by long term throughtout of the time.
3. I will going to increment my Chainlink asset until 200 Chainlink in my trading account. This cryptocurrency it's another in my big radar and I believe that Chainlink in the present and the future far way it's came to bring us an adoption for this technology for the Decentralized Finance. At the moment, I hold 63 Chainlink coins.
4. And based for Ethereum and Cardano, I keep this asset. My goal it's to reach 10 Ethereum. Remember, 10 Ethereum when the price reach the 0.1 BTC, you can to earn your first or 1 Bitcoin 100% pure. Now, in Cardano, I keep my total asset of over 10k Cardano coins. For that, I measure whole by long term.
5. Comming soon, I will going to create a telegram group to share my analysis and news, create a community and more later, I hope to create a you tube channel to start to create video and streaming online. I see that my community in trading view it's biggest and plus with my Twitter followers, I am so near to reach the 2k followers.
Now, you need to take a plan to how can you to achieved it?
At the moment, the XRP price it's so near to touch the $0.90 cents. In minutes, I will going to update this par.
Beware: Bitcoin show weakness!!! The trend go to reversalAt the moment, looking in Daily timeframe, Bitcoin it's turn bearish in H12 timeframe, but if you look the smal timeframe like H4, it's turn bearish and we see an simetric triangle, but looking more in H12 timeframe, this candlestick it's a bearish signal. Right now, I will going to sell my altcoins and Bitcoin as I know htat if Bitcoin drop, Ethereum, Chainlink, Cardano, XRP, EOS, Tezos and Litecoin drop too.
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In Daily timeframe it's still bearish sentiment as MACD show higher low in the indicator, as we see in H12 timeframe too. So, I have a forecast that Bitcoin can to go back to $45,000 USD. The $45,000 USD level it's very important to support by long term, as Bitcoin continue up. This week, this movement was surprise for us as Bitcoin doesn't have success to make support above of $60,000 USD, maybe I thinking that was that Bitcoin it's overbought, and correction it's neccesary for the health asset.
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This it's the panoramic in 3 Daily timeframe
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And looking the weekly timeframe, it's look bearish, maybe in these weeks, Bitcoin show a consolidation during the past weeks. And then, I hope this movement to $45,000 USD level.
Guys, altcoins and Bitcoin may to reversal the trend, be carefull to trade.