HIdden bullish Divergence, as well as left shoulder of inverse head and shoulders has almost been completed, a cup and handle has also formed on the left shoulder
slight bearish divergence spotted was spotted on 1 HR and daily timeframe
Waves 1 and 2 have been completed. We have started wave 3, which will be explosive. The waves have been calculated using Fibonacci ratios. Waves 1 3 and 5 all have 5 impulse structures within.
After some serious bearish divergence, we are now seeing hidden bullish divergence as suggested by the price making higher lows, and the rsi making lower lows. We are also oversold on the stocahstic rsi. Should see some upward movement here, at least until the partnership verge is revealing on the 17th is released, no telling what could happen then.
This prediction was drawn not based on the past, but rather the current predictions for bitcoin over the next 4 years. We would see 100k by end of 2019, a massive correction like the one we are currently experiencing then another bull run up to 240k by the end of 2022. Also take note that it would be a massive 5 wave impulse sequence with a dynamic resistance by...
Double bottom formation, throwback to the neckline, now bull pennant forming target is $7000