mrghafari

mrghafari

It's more likely to see BTC at 42,300 USDT. RSI indicator also verify the falling trend

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We should wait to seen what will be happened. As you can see these line are moving average of 9 days and moving average of 9 value of Ichimoco conversion line.

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Important dilemma!

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I think if Bitcoin wants to continue like before it should escape from overlapped rectangles

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It is entered to its upward trend line but yet under ichimoku cloud

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TP: 39, 44, 49

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TP, Targets: 640, 680, 720, 770

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Personal Prediction

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1 Day Time Frame

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Can it break the line upward?

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It's more probable to have a downward breakout

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What will be Pi Cycle Indicator effect on the market? Can it repeat the past? MA 355 * 2 MA 113 355*2/113 ~= Pi ~= 3.14

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What will happen?

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Next Resistance 43,000$

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Double bottom

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It is breaking