d.stockcharts.com Follow this Wyckoff Schematic to understand the chart Abbreviations: PS- Preliminary Support : where substantial buying begins to provide pronounced support after a prolonged down-move. Volume increases and price spread widens, signaling that the down-move may be approaching its end. SC- Selling Climax: the point at which widening spread and...
This is why I am bullish on $BTC in the next coming months
The Bulls struggled at ridiculous highs, however they have regained control as proven by the respect of the fib retrace! The predictions are without a time period so don't gage your actions on the X axis of the chart. This is a rough optimistic estimation and shouldn't be taken as financial advice!
Times are not accurate and subject to change depending on volume and conviction int he market
BTC set to take off soon, final accumulation days
Inverse Head and Shoulder with a pullback, similar to what we saw December-January.
Buy Targets are listed in the chart, expect a bounce soon, spring is the season of the coin!
Giving you stoploss targets, most are bearish on BTC, I see light at the end of the tunnel!
BTC history showing it following the Head and Shoulders pattern within 1 given fib time period (purple vertical lines). The original H&S had a pullback similar to what we are witnessing with the inverse H&S. Hopefully this gives you an idea of where I believe BTC is going