In my analysis I included, priceranges in percentage. From previous low to highs with a trendchange, was about 25+ percent. The upcoming price-correction will dump hard I believe, since it did not correct since 1980sh$ Also my analysis includes previous respected trendline and fib.-levels + price-targets. We are pretty much over extended so far considering it...
As result it dumped in the correction level, I am quite bullish-oriented for USD.
What you think? We may be moving into a correction for a bullish move or get down as it’s likely to correct at the indicated levels?
I am very positive of BTC as long term investment. Also within the next 1-2 years we can expect certain corrections. I assume we will see BTC very soon at 36k-mark ATH just to be expected once we see blooming markets overall. Definitely depending very much on fundamentals
I find the current reaction at the trendline in higher timeframe a possible indication for a demanded correction to keep higher prices secured in the near future. Nothing holds forever, keep in mind that we went for weeks to the upside without rest.
With the clear trend confirmation and sequence activation, I am very sure we gonna see targets as displayed in the chart. My update comes by mid of next year, if the sequence remains valid
ShibaInu-Chart analyses in a short-term You may use it for regular Spot-Trading Or For high risk-takers for Futures ( BINANCE )
U may use this technical analyses for Trading in a shorter-term
What is your oppinion? Fibo-Correction-Level looks interessting. Are the Bulls going to run now?
In the long term, there is huge growing potential for BCH, but in the short term, we may still continue the Downtrend a little more
Most likely a correction will come in very soon. The political pressure to overvalue the USD, just because of the interests on loan can't simulate a strong currency alone. Anyhow the targets have been reached and according to several indicators, its time for a correction to lower re-enries.
Chartanalysen sind zur Zeit natürlich schwierig, aber man kann es im KL ruhig versuchen
Ich positioniere mich so langsam mit starken SELL-Einstiegen.