According to wave analysis, the price is more likely to be bullish
Near has formed a reverse shoulder and this can lead us to higher goals wait for breakout 12
BTC have 3 Scenario all scenario drawing @ chart Very carful in red's Line Red line is PRZ Zone
I leave this analysis without any bias, and the analysis is based on Elliott waves and the trend line. If the price drops in the specified area, you can buy or reduce the average
Best Zone to buy near ~$20 , ~$21 Wait Price go Down to PRZ Zone then with good bullish candle (TRIGER) can long
Wait price go down to PRZ Zone Then can long position as see in chart
I hope the head-to-shoulder scenario does not happen The right shoulder is not as good as the left shoulder, so the price is likely to rise in the first area
Sanbox in Longterm view Wait if price break short term trend (with good candle) then can open long
ftm in uptrend but now short to button line of channel
we have 2 scenario 1- price go up and brake triangle First tp is 49000 2- Price break triangle in down line first tp is 45000 second 43000
Ada in uptrend Channel Wait for breakout Red Line or wait for pullback on red line Biggest Resistance showed in box
Analysis based on Elliott waves & Trend Strong Support zone from $1.1 & $0.96
This is an optimistic scenario that is most likely to succeed, if the price goes below the channel, the scenario is unsuccessful.
BTC in Correction at this day's buying is good option
MACD indicator & Pullback Say Price will go up until touch Monthly Channel But Trade with care cause GPBUSD in big Downtrend channel
price will go up until touch channel up line
After Wave 3 price have Strong Resistance of old pivot if price broken that line Wave 5 Start.