I've cleared some unnecessary lines to view the chart with clarity I didn't put up any fib to avoid over clogging of data I think trendline and a pattern is okay. so, as far as my prediction is concerned 50k level is holding and as long as the supports hodls the higher low is forming and the uptrend is still intact thus my prediction is still valid for btc to...
This idea is short and simple. BTC will go back to its 30k levels as it respects the nearest monthly resistance. it may go ranging or break the 30k if it doesn't break the 48-50k-ish resistance.
Today is Friday on UTC +8 time around 2am The closing candle for this week is crucial as this may predict the next move of our beloved bitcoin. have you seen this one before? i'm not that veteran trader but i have experienced it many times on my almost 5 years of trading and some called it "Kylo Ren's Lightsaber" as it is a red wick sword that will slash any...
XBTUSD (short-term perspective)- retraced at 1.618 of reversal fib ext. might touch the previous support turned resistance @ 8440+ level