Price Prediction - BTC heading for the 1.618 Fib level (30k), i expect if we hit this level then we could see a correction (long overdue) to around 20k-17k which is a strong support, which also coincides with the 50 ema on the daily, traditionally a strong indicator for a bullish BTC.
ETH showing signs of strength!
ETHBTC has made a clear higher low on the daily and we are still currently sitting withing a highly traded range on the profile. We are testing this .0380 resistance as we speak and the bulls need to break through this and close above to prove they are in control, however if we don't break this resistance then I expect a move...
On a weekly time frame we can see a clear defined higher swing low, this to me is showing that BTC bears are exhausting and maybe the start of a reversal. However it is still to early to tell whether this bottom is in. I would like to see a higher high close above that 4k resistance and potentially a higher swing low again above the 4k for confirmation. There is...
Small Long opportunity for BTC.
We have a Bullish Divergence forming on the 4hr chart and a oversold C Clamp on the ICHI. BTC seemed to be forming another bear flag which broke to the downside but has found support at 4k, which has been tested twice now. We are also breaking a smaller time frame down trend but will need to wait for confirmation until I enter a...
