So gm to all Crypto community ! since market been going down for couple days I faced a big group of people from followers and friends asking me " what's going to happen " ?
here is a brief of what we can get from BTC chart:
in couple cast I will explain what's going on in Crypto market right now !
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First thing is my self made indicator and chart shadow!
based on my indicator (2past long signal) and also chart shadow, we are expecting a fall of BTC price for now !!
expected price will be 52k/50k in matter of couple days!(entry point)
for you approval we can point to this pic and fact that price is going under chart shadow and also support line of 60k has been break !
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next we have bank strategy ! usually every trend contains bullish market with 5 step and a bearish market with 3 step
which every step of bank strategy will be divided to same 5 and 3 step again. it's mostly know as a Elliot waves.
so right now we are either on the end of C bearish trend or start of it!
based on market, my bet is on start, since price is still going down to face 50k support line.
BUT DON'T WORRY!
in big picture it means we are just in 2nd step of bullish market and it's almost done !
what is important is that 3rd trend of bullish market it's main one and soon it will be start, 3rd trend is what pushed price of BTC from 12k to 60k in 2020.
and for those whom might be confused, here is predict!
1- 2nd step price will reach 52k/50k
2- 3rd step starts and price will sky rock to near 120k.
3- 4th and 5th trend will be here price will play in 100k area
4- finally market will be bearish
let me know your idea about my analysis and keep it in mind always trade with your own risk and never put your money on some ones else predicts !
here is a brief of what we can get from BTC chart:
in couple cast I will explain what's going on in Crypto market right now !
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
First thing is my self made indicator and chart shadow!
based on my indicator (2past long signal) and also chart shadow, we are expecting a fall of BTC price for now !!
expected price will be 52k/50k in matter of couple days!(entry point)
for you approval we can point to this pic and fact that price is going under chart shadow and also support line of 60k has been break !
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
next we have bank strategy ! usually every trend contains bullish market with 5 step and a bearish market with 3 step
which every step of bank strategy will be divided to same 5 and 3 step again. it's mostly know as a Elliot waves.
so right now we are either on the end of C bearish trend or start of it!
based on market, my bet is on start, since price is still going down to face 50k support line.
BUT DON'T WORRY!
in big picture it means we are just in 2nd step of bullish market and it's almost done !
what is important is that 3rd trend of bullish market it's main one and soon it will be start, 3rd trend is what pushed price of BTC from 12k to 60k in 2020.
and for those whom might be confused, here is predict!
1- 2nd step price will reach 52k/50k
2- 3rd step starts and price will sky rock to near 120k.
3- 4th and 5th trend will be here price will play in 100k area
4- finally market will be bearish
let me know your idea about my analysis and keep it in mind always trade with your own risk and never put your money on some ones else predicts !