Hello Everybody The chart doesn't need more explanation. The last post is happening.
Hello Friends SOMETHING LIKE THIS. FIRST 6500-7000 THEN 15000-16000 FINISH
Hello again This is my scenario for the rest of 2020. Now: $9500 Bottom of Jun.: $8000 Bottom of Jul. : $7500 Bottom of Aug. : $6500 Bottom of Sep. : $5500 ***** Bottom of 2020 & 2021 2022 & ... ****** This scenario will be cancel if price break the top of yellow line.
Hello Friends BTC is completely similar to March 2020. From L1 to H1 (6400 - 10500): 57 Days From L2 to H2 (3800 - 10000): 55 Days From H1 to M1 (10500 - 9200 ): 23 Days From H2 to M2 (10000 - 9400 ): 23 Days Divergence in MACD in H1 , M1 Divergence in MACD in H2 , M2 SO DUMP IS OBVIOUS.
Hello 1- Wedge Pattern 2- Head & Shoulders Pattern 3- Downtrend Line Conclusion: 6700 - 6400 - 6200 - 5800 - 5500
Hello Friends I just compared 2 sections of the chart. All 2017: From 2200 to 2800 60 candles Angle 25 Correction to %61.8 Fib. In about 50 Candles and angle 25 20 Feb. to 10 Apr. 2020: From 2200 to 2800 6 candles Angle 84 Correction to %61.8 Fib. (Prediction) in about 5 Candles and angle 84 S&P 500 is quickly going up by Federal Reserve force and it will...
Hello friends It is obvious that BTC beoke the first trend line and yearly open at $7200. BTC is going to touch 7700-8000. This level is an important resistance and near the trendline (yellow line). Then it will back to bottom of wedge. I believe BTC has a strong correlation with Stock.
Hello It is going back to around $5000 again. The most important price is &5550 (MA200 1W).
Hello my friends I think BTC is going to make a reversal Head & Shoulders pattern. Everything is logical. It is excactly on the long-term Ascending trend line and static support. RSI is obviously on ascending trend line in 4H. It is still under MA200 ($5450) and Crypto Fear & Greed Index is bellow 10. If bulls support $4700, so we could see $6000 and $6500 soon....
Hello again Trend is completely repetitive: 1- All time high: H=14000$ 2- Lower High 1 (LH1) & Lower High 2 (LH2) 3- Inverse Head and Shoulder (yellow lines) + Positive Divergance (green lines) 4- Lower High 3 (LH3) and So if trend line in RSI (blue line) breaks in this week, btc can drop to 86% Fib. Retracement around 7000$
Hello everyone Do you remember this chart and this history: 1- All time high: H=20000$ 2- Lower High 1 (LH1) & Lower High 2 (LH2) 3- Inverse Head and Shoulder (yellow lines) + Positive Divergance (green lines) 4- Lower High 3 (LH3) and break trend line in RSI (blue line) 5- Dip to 86% Fib. Retracement
Hello friends Bulls are supporting bitcoin price at S1=8300$. This level is equal Fibonacci Retracement 61.8%. As it is obvious the Short-Term trend is bearish (The yellow line). While this trend doesn't break bears are more strong than bulls and they can drop the price to S2 at 7950$. This level is identical with Fibonacci Retracement 71.8% and Fibonacci...
Hello Everyone Bitcoin price and SMA 200, 150, 50 will follow something like this chart. I will publish many reasons soon.