Showcasing 3 possible scenarios for next bitcoin movements, let me know which one you believe in! Anyway, no matter which one you believe in, I hope you are targeting 6k as we talk, the only thing that matters right now is your entry price.
Looking at the 30min timeframe I am tempted to play the bowl movement with a highly leveraged long trade at 3610 level for a bounce up following the bowl direction and momentum. This is high risk high reward trade so do not follow if you cannot afford to lose.
The bears are doing their best to prevent the bulls from reaching the Bull Run Booster, while bulls keep resisting and forming new bullish trends and supports to prevent a retrace toward the Bear Run Booster. For now it is looking good for bulls since they still have the Main Bullish Trend and the Exra Support to rely on and bounce of, but if the bears breaks...
Distinguishable Wicks are wonderful storytellers on every chart because they represent the traders state of mind and their sentiments about the market. In this case, some 2017 wicks are getting back into the game with a strong effect on the market direction.
There is nothing else I can say, everything is on the chart! There are many experts who thinks the Phase 2 has already been broken at 6k level on the last dump and so they think we are going toward Phase 1 already, but I think Phase 2 is still on the game and may create the flaw to break the hypwerwave and put an end to the bear market before Phase 1. A botom at...
For those looking to long BTC, this is your opportunity to go long while we have a super bullish buttock pattern forming at the end of the triangle. This a super rare and special pattern indicating a soft or hard bounce depending on the buttock size. In this case it is a soft bounce toward 4120-4200 before the end of the triangle so its a matter of few hours. Keep...
Our unique candle calculator and volume heatbeat indicators shows a new bull run coming very soon within the next 48hours toward 4050 to retest the 4k level and maybe go beyond. Keep watching...
The last dump from 6500 level to 6000 was expected, If you didn't have time to fill your order at 6000 you still have time to get some profit taking a LONG position right now at 6100 level for a quick profit in the next few hours at around 6350-6400 level.
Going for long anytime now is definitely going to be profitable.
You can interpret the chart anyway you want, we are at the bottom and will definitely break 10k to retest 14k before 2020. This is your bext opportunity to buy and hold for the long run.
For the short term, you can LONG 6400-6420 today and take profit at 6500-6660. No need to mention that 6220 and 6000 are still possible, but as long as you use the appropriate leverage, you can use those levels to loand more and reinforce your position for the next upcoming pump.
No need to explain more, but if you are looking to take a position today, make sure it's a LONG. Bitcoin is looking UP today and likely going to break 6700 or even more in the next few hours.
Long BTC at 6540 and sell at 6660. A quick 120points profit for today. Do not hesitate and let me know the results.