BTC Update: The master coin still following suite in the channel. This is a clear indication that we might still see some massive bullish moves this week. Why is this so??? With the overall top down analysis and daily closure last week, we saw clearly how price was holding up above 50k support @54-55k. With the overall formation, we might still see 72-80k...
BTC Update: The master coin still following suite in the channel. This is a clear indication that we might still see some massive bullish moves this week. Why is this so??? With the overall top down analysis and daily closure last week, we saw clearly how price was holding up above 50k support @54-55k. With the overall formation, we might still see 72-80k...
As we projected last week, the break of structure happened at the close of the daily candle and a retest of on 1H, with this a short buy position is opened for the market with the target at around 45k. Enjoy the short bullish run. Morning !!!!!!
This analysis is Gold market, looking from the chart, a more bearish run is expected on the break of the structure of the double top pattern. If it holds, then we're set to hit our second target. Watch and enjoy the market. Morning!!!
The chart above shows the back-dated, current, and possible future movements on BTC. Currently, a breakout is been observed and waiting to test if it is valid, if it holds at 40k region then the target price 1 is set to hold, if the demand/volume is enough to push the market price above then we are ready for the journey to 100k but if not then another...
Breakout set to happen on BTC, keep watch and follow the trend.