BTC seems like double bottom pattern 28xxx - 30xxx is coming
From my last analysis, BTC retraced from 25xxx to 28xxx. This time BTC is facing a big resistance around 27xxx-28xxx With acceding triangle, BTC will down around 25xxx again, if the support 25xxx is not hold, 21xxx will possibly next
Although Alts seems out perform BTC but it seems not enough volume so that BTC could break resistance 30xxx- 31xxx 28xxx is coming
BTC face strong support 26xxx-27xxx. With triangle decending, probably price will up
There are two possible scenario that BTC could follow. 1. Blue one construct an ascending triangle, then down toward 25xxx 2. Red one is similar to the orange circle when the triangle is broken down
BTC is forming wedge, it is possible back to 103xx then falls down to 97xx-98xx and back to 111xx-112xx forming H2S pattern...
When alligator release price, after more than 2 years, the price was catch. Now, 3 lines of alligator always become support for BTC going to the moon... even BTC drops to 8xxx or 7xxx
Ichimoku 1D: For over a year now, the price has never been on Kijun + Tenkan at the same time, but at the same time Chikou Lagging also surpassed the cloud .... a really big wave .... what do you think ... up ... up
Price increases, volume increase, Price decrease, volume decrease,
It seem that bottom and peak are forming a parabollic
BTC try to test several times the red-line but not success. Now, it will go down...
Chart 1D: RSI and MACD shows that bullish is divergence.
What's next? 68xx ==> wedge ==> down, 64xx kumo support ==> up 75xx
What's next? 68xx ==> wedge ==> down, 64xx kumo support ==> up 75xx