Short and Concise First scenario- BTC next target is 4400 USD, then a retrace to 3700 usd (which is also fib 61.8), from there btc might go up to 4400 usd to form a head & shoulder pattern(reverse pattern). If btc breaks above 4400 usd with volume then next target is the strong resistance at 6000 USD(blue trendline). Second scenario- BTC will fail to break...
Buy targets : 0.23 USD(support line) or second target at the break out , around 26,3 USD. Sell target: 0.35 USD Good Luck !
buy at the redlines(support) , sell at the green lines(resistance),longterm, be careful for a breakout under the first support, RSI AND STOCHASTIC OVERSOLD
Buy the support(redlines), sell the resistance(green line)
Be ready for a big breakout from the trendline!
Next resistance are the fibonacci levels
BTC has created a double bottom at 7900, Divergence on 4hr candle . With more volume this could be the reversing sign. Resistance at : 9200 and 10200
BTC -18.68% falling is the part of a big correction. My prediction is that it will go down and touch the fibonacci on 9490 USD and then find a resistance at 13580 USD. Best Regards