Hi guys! We are looking on daily chart of BTC , and we can see strong movement from H&S pattern to 3500. What we can expect from future movements -- let's see the chart, I've used Elliot Waves to show some of my thoughts about price movement. Now we are in upward trade channel, and we are on top of it. So be careful, this is not good time to enter the market....
Great cart, uptrend We should buy near bottom uptrend line. Profit target 0.0005
H&S + Falling wedge Profit target should be placed near 0.0018
Watch for price movement near uptrend line and support levels. It's potential zones for market reversal. Working with fibo. Good luck with your trades.
Expecting movement in downward trade channel to the uptrend line. Watch for uptrend and downtrend breakouts, it's possible for price reversals. Be careful with your trades, good luck!