waves has a super oversold chart which is finally bottomed. Good news is that its haven't even started its run. Usually PSX:WAVES wakes up later than others. On the monthly chart we can see now a huge ADAM & EVE pattern. Also the FA is very strong. The new LAYER 2, called UNITS, on the top of waves just coming.
Major sellof just started. Btc broke some huge resistance. Next stop is 5,8K. That was the Weekly opening price.
1st target is 5800 USD. I will close my short position there. On this price level, I will recheck the chart and I will continue shorting BTC till the marked levels. 2nd target 4800 3rd target 4100 Be careful it can make bigger retests and this journey can take longer than the red line on the chart. ;) But anyway 4100 is my target price.
My previous chart underestimated the power of BTC. I did not think that it will make this huge run before 5-5,5k range. But I think now BTC is on its way to going back there. See you there.
This range is the sideways channel of BTC after the big crash. Now it's going there.
Btc short therm movements depends on how the american market will open. If it will be bullish we can reach 6K. If it will go down we will go down as my chart shows.
I will open a position one of the red circles
- The first thing that called me to track MUSIC was the bottoming out of the price on the charts. After that, I saw some great divergence on the MACD 4h chart as well as the RSI being oversold. - There was also a very strong breakout on 01.03. and a drop down on 02.03. to the same level than before, that means the price wants to break out. - Another argument: a...