Hello all, Bitcoin will never pass above 10500 if we will not see strong up trend. Historically btc was having only 3 times strong uptrend. on 20k on 12k and on 14k. At the moment its trend is the second most weak trend on its history.The first most weak trend was when it falls 3150 on dec 2018. When it falls on March at 3700 trend was not bad. Now we are 9200...
Not an occasion!!!
1. BEARS = DESCENDING TRIANGLE WITH TARGET 7400 - 7600 2. BULL = FALLING WEDGE WITH TARGET TO RETEST 10200 - 10400 3. BOTH PATTERNS IN PROCESS OF WAVE (D) UPSIDE (POSSIBLE TARGET 9350 - 9400) 4. RETRENCHMENT FOR WAVE (E) WITH THREE POSSIBLE TARGETS. SUPPORT 1 = 8850 - 9050 SUPPORT 2 = 8500 - 8650 SUPPORT 3 = 7400 - 7600 My opinion...
My opinion....
CLOSING MONTHLY ABOVE 9457 (BULLISH) CLOSING MONTHLY ABOVE 10150 (AMAZING BULL RUN IS COMING) CLOSING MONTHLY BETWEEN (9000 - 9200 IS EQUAL TO DISASTER) HISTORICAL SIGNALS 1. WHALES GET IN MARKET ONLY IF THEY SEE THE FOLLOWING SIGNAL... SINCE 20K BITCOIN CREATES LOWER LOWS AND LOWER HIGHS. (DOWNTREND) TO CHANGE THE TREND WE NEED TO SEE THE FIRST HIGHER HIGH....
My opinion....
Hello All, If to be honest i must admit that i was not expecting breaking of triangle upside. But this is bitcoin and we need to focus according to the movement. I will not call bull run, or moon or bear or whatever before to check the following: Seems we started new uptrend but needed confirmation by retesting 9650-9800 area. If it confirm we can run to...
My opinion...