amaanabdullah2001

amaanabdullah2001

Bitcoin broke the descending channel and after a long time EMA Ribbon has shown us a long signal. alternative.me Fear & Greed index is also in a neutral state. Market is recovering. Bitcoin may retrace the red line and then move up.

amaanabdullah2001

As you can see, Ada is beautifully going down by maintaining a downward trend as Bitcoin was doing. Today bitcoin broke that trend and I am hoping Ada will also break this trend and move up towards $2.45.

amaanabdullah2001

Symmetrical triangle is broken. Possibly it will bitcoin will go up from here.

amaanabdullah2001

Learning from the just previous correction, ADA is going to explode. I am going for a long here.

amaanabdullah2001

As you can see, BTC's previous fall from $63k level, we can see some similar pattern. First a huge dump, then forming of some symmetrical triangles, then a false recovery, then going more down. We can see the same thing is happening. Maybe it is a short term bearish movement but it is a bearish movement. Market has lost it's momentum. Market cap is down. RSI &...

amaanabdullah2001

Bitcoin and other cryptocurrency, at this point, is actually going through a temporary crash. I am anticipating a bullish divergence in RSI indicator, and more fall of crypto value. Bitcoins may hold the position between R1 and R2. There will be two possibilities after that. It may go up if my anticipation of RSI bullish divergence comes true. Otherwise it will...

amaanabdullah2001

As you can see, bitcoin has already made a temporary support around $51200 to $50800. Since RSI is showing a bearish divergence we can expect another fall back. It may go below $50000.

amaanabdullah2001

After touching the 52000 line bitcoin may take some correction. It may go below than 50000 line before taking another bullish movement