ARSHIADRVISH

ARSHIADRVISH

As I have illustrated in the weekly chart, it is probable that Bitcoin has finished a 3 wave correction of a Zigzag correction 5-3-5. Bitcoin has touched 68000 price which is 0.768 Fib Retracement of W-A of the first 5 wave correction from March high to August low and followed a sharp decline to 64800, the price of 68000 is also, 1.272 Retracement of W-B of 3...

ARSHIADRVISH

As it is visible on the chart, I assume if we are going to go downside further to 21k, Bitcoin needs path will be as I drew on the chart. It will be a good price to short around 27k.

ARSHIADRVISH

I do not want to explain nothing just look at what chart is showing. please be careful and empty your bags. Arshia Darvish

ARSHIADRVISH Updated 

Hello fella traders, As per previous analysis, we can observe that price moved in our favor and now showing a reversal pattern to upside. Regarding a change in Federal reserve decision about a hike in interest rate we may see a pivot for the next meeting therefore, it is likely that a change in sentiment is happening and investors willing to take more...

ARSHIADRVISH Updated 

As you can see the divergences on rsi and macd the price needs a correction, also the resistance at 25190 needs to get confirmed so I think we are heading down from here the we are heading to 33K.

ARSHIADRVISH Updated 

As it is clear the Bullish momentum is getting exhausted and we are probably near to a price reversal hence, I do not see it will be that easy to get short from here and go with it until 25k but, I assume, it is going to visit 30 to 32.8k area then, after a failed attempt we are heading down to 25k or maybe 20k as we have a CME gap there. Be careful with longs and...

ARSHIADRVISH Updated 

Hello trader fellas. As you can see in the chart I have clearly explained my thought about bitcoin projection. Price is in a clear down trend for the midterm and nothing has changed yet. To support my idea I would like to mention that, reaching to a deal about debt ceiling might stop a catastrophic event for economic but, there are still other factors to...

ARSHIADRVISH Updated 

Well any time soon SPX is going to start bleeding. NOTING IS LOOKING GOOD NOW THERE IS NO REASON FOR FURTHER UPWARD.

ARSHIADRVISH

price has broken the 56 days rang and is on a correction now therefore, we have to look for the trigger to long USDT.D at PRZS

ARSHIADRVISH Updated 

I think btc is performing a head and shoulder and soon is going to break 22700

ARSHIADRVISH

The probability of bitcoin going down exactly from here is a lot as pattern and indicators showing.

ARSHIADRVISH

Well, Good luck fellas. Hit the Boost if you like.