Retest at 23.6% fib retracement after structure break.
As we set the fib retracement for possible entries for a trend. 2 possible entries on 61.8% and 50.0% making a continuous trend goes to $65k as we expect.
Waiting for the confirmation of pullback on 0.5 fib retracement and then drops to 54.6k for a short term.
Setting Strong Support at 0.5 fib retracement while monitoring the movement of price and then possible continuation of bullish pattern.
Let us see to break the red line (sell trend in supertrend) then we will see the bullish scenerio like in between Feb - May 2021.
We expect another bullish pattern 1D timeframe after breaking the Sell SuperTrend Line.
Bullish pattern based on parabolic sar and bollinger band.
Possible huge bearish movement reaching 1.20... the movement is under EMA200 and SuperTrend indicators.
Three waves pattern with fib retracement.. possible to reach 0.2534.
At the end of this year, there is a possible huge bullrun. And it will break at a value of 1.800 based on the indicators SuperTrend and EMA200 that is in the buy zone.
In the 1 week time frame, we can see the continuation of Bull Market if it breaks the red line (sell trend). Note: This is not a financial advice. Trade at yoir own risk.
We are in the bearish market this year. After this, the high gains will happen next year. Be patient. Note: This is for educational purposes only. Trade at your own risk.