Base on trend base fibo , shows in next 4 days btc possibly reach 7K
A double top is going to occur , if it will be complete , the price will going down till 5863
The ascending triangle showing a bullish formation that during this uptrend as a continuation pattern. this ascending triangles form as reversal patterns at the end of a downtrend, but it could continue the pattern and price rise as it going up.
A Descending triangle pattern showed up in 4 hours btc usd , the breakdown is happend and soon we will see the btc fall till 9339 at the end of the month .
We expect that the btc price will rise in the vertical zone that showed by the double crossed blue lines that means a good rise is coming up soon , between sep 20th and oct 10th I personally belive that the breakout will occures at the end of the September
as you see in the chart ascending triangle is visible in the next 3 hours its possible to breakout upward and start a pump total pattern length is 28 candles , and its possible break at the 21th candle
An ascending triangle occurs when the upper side of triangle is flat and price stuck in between the upper side and not breakout , it means the upper side works as a resistant for the price , as long as the pattern is valid finally we draw the another side of the triangle with the upward trend and try to draw it carefully with the price levels right. then in the...
If price break the .0 fibo in the next 3 days and 12045 support the price for 1 day,then in the next 7 days price could reach the .618 fibo , and rise till 12650
if price break the minor resistance , (about 9920) with a good momentum,price will be reach to about 10800 soon.
Link in daily channel , Start a move upward and its potential to grow based on recent move,and trend based fibo shows that its possible to grow up to 2.8
In next four days we might have an inverted head and shoulders if this pattern will be completed , we have rise bitcoin price till 12100$
Head and inverted shoulders pattern in hourly chart is visible and its going up same amount as the distance between head and neck line up to 12157