erixcrypto

erixcrypto

Resistance 11500 Support 10k

erixcrypto

We will have to wait a few more days. BTC will find resistance at 9800. Often there is an outbreak with a symmetrical wedge pattern. I don't think there will be an outbreak. (not yet) First support is 7800.

erixcrypto

bearish flag pattern up to max 10K, then down at a support of 4500 to 5K. Hopefully a good value at halving

erixcrypto

We are almost at the end of the bearish flag. resistance up to 7500 support up to 3250

erixcrypto

we are still in the middle of a down trend. Possible fall to support of 6500. resistance level 8800.

erixcrypto

There is an HH and an HL and that means a bullish signal. Goal 8300

erixcrypto

We have probably found support at 6500. Now the bull flag is complete and the bulls are ready. Not unlikely that there will be a bullrun with a resistance level of 11500.

erixcrypto

We are at the end of the bull flag resistance until 9500 support until 6500

erixcrypto

An HH and an HL, normally it is a bull signal. Possible fall down to support at 6K (chance 60%) Bulls are too weak, it takes too long time. If this is not the case, the resistance level will be 12.5k.

erixcrypto

ABC pattern visible

erixcrypto

On a 4 hour overview we have a Falling wedge pattern and a long term downtrend. The trend is likely to continue downwards. And will find support at 6200. Hopefully this is the lowest level and can go upwards above 10k.

erixcrypto

BTC can fall further to a support at 6200.

erixcrypto

As you can see with the help of the 4 hour timeframe, where we can very well see the falling wedge pattern . If BTC follows this pattern, we see a bullish movement in the coming month. Support 9800 resistance 11400 But if BTC breaks this pattern downwards, we see Major Dump! possible support 7627

erixcrypto Updated 

The end of the wedge there may be support at level 10k. After that an Elliott wave can form with a resistance level of 11466 Support level 10650 Long resistance level 12600 My previous analysis is still valid!

erixcrypto

It seems that history is repeating. Is it that a recession is coming!

erixcrypto

September will be a quiet month. The coin will only rise at the end of the wedge.

erixcrypto

Resistance level: 15000 Support level: 14000 Goal: 16000

erixcrypto

Support 11500 Goal 17k