as i post before, Because btc not properly make abc correction 4H at bottom 53K area we have a big risk correction at current price to get dump back to 60+K to 53K area or probably worse below 50K.
4H BTC chart is failed to make proper abc correction, with too many x in chart, a bigger correction can trigger flush down below 50+K
The current buy can trigger big correction on bitcoin, mostly everybody is happy right now, the higher its goes up without make abc first, it can trigger sudden crash to GETTEX:64K
It will break that $185.6 and going lower as the price cant sustain above it.
The trendline of btc daily is not good, its facing to hell, elliot wave daily already make 12345, so now in the phase of correction abc
ETH daily chart complete 12345 elliot wave, its going to make abc.
ETH daily is at risk to go $2800, this going to mark bearish season on ETH daily chart
This Trendline for BTC, 1H timeframe. 1H already update, this is fresh trendline. Green Line=Support Red line=Resistance + Green= Golden Cross - Red=Death Cross Green line support is sidelane this indicate this is major support for hourly trendline. Red line resistance is down this indicate, strong resistance pushing down the price and trying to break hourly...
This is trendline for XRP, 15 minutes timeframe, use green/red line for Stop loss(For safe trade if you long put stop loss higher than support and lower that resistance if you short) or stop profit nearby support and resistance. Red line is resistance and green line is support. + green is golden cross and + red is red cross Trendline is bearish with Death cross.
This is the right Daily trendline for ETH, and we got H&S right there, trendline already broken. I give you to decide.
This is 30 minutes trendline for BTC, as you can see the price is down and almost hit that supporr
This is BTC 15 minutes trendline, currently price at the middle of the trendline, this is decision either up or down.
This 1H Trendline for BTC, its already out of range and we still out of trendline. Correction is needed
This is trendline for BTC, 4H, the trendline is down but movement still sideway
This is BTC Daily trendline, BTC already broke their trendline on daily.
After looking at the chart properly, This is the Trendline for BTC Weekly
As you can see on chart, this is neckline for left shoulder and head, Winter is coming!
We know what will happend next, look at that Classic H & S pattern on Weekly and Daily, Awesome!