Divergence on weekly frame could be good for crypto market ..
Abc correction flat waves are complete , waiting for bounce from this area
Bullish divergence on 1h frame could send the price to 36k again after touching the dip of the price channel
The trend is broken , waiting for retest for safe entry ,
Entry after retest the pennant support line , the target is up there with green color ,
This could be the end of wave c of abc flat correction wave .
I’m expecting good bounce from this area for many reasons: The support line of the rising channel Pin bar candle , on weekly and daily frame. Watch it out
Waiting for daily close above 0.1616 then breaking the neckline of the head and shoulders pattern . My target is 0.29
This is my prediction for what will happen in the coming days.
Let’s see if the daily candle going to close above the 600ma and bounce back, or down and more of blood …
I’m expecting to see 150% when hero break this falling wedge on weekly frame .
