We've got here a beautiful arc close to the trendline . The stochastics are really high . Maybe a dump incoming .
I see a rising wedge followed by a dump . I'm gonna pay a lot of attention to the area of the rectangle , which is the meeting of september descending trend and of the rising wedge . I'm expecting a dump soon .
I was expecting a rebound below 3000 but we had a big support here . It was the resistance of june/july so it makes sense . Here is my possible scenario for the next days . If we have a rebound at 3600 i think we can have a triangle with less and less volatility , which gives a really small window of opportunity for altcoins to pump . We'll know in the afternoon...
Bitcoin just broke the 4000$ support . It was a really strong support . This time we didn't observe a strong rebound . Goldman sachs planned a bitcoin price around 2200$ . Before that we'll have several supports . Personnaly i think 2200$ is really low but who knows . This market is highly manipulated and thanks twitter and other medias a lot of novices started...
50% retracement after the dump of yesterday and formation of an ascending triangle in a bearish movement . To follow with the idea of Elliott waves it is the end of the 2nd wave of the 3rd wave of the wave A . We can call it A.3.2 it is gonna be simpler . I think the break of this triangle will happen with a dump , with a dump at least equal to the one of...