There is an inverse head and shoulder pattern in formation that has been playing out since the last ATH approx ($73.6k) on Mar 13, left shoulder formed gallantly at ( approx $59.8k) head formed perfectly at ( approx $56k) and right shoulder leap off right at approx ($60k), although the right shoulder hasn’t consolidated that much within approx($60k - FWB:73K )...
The Descending triangle has been broken meaning a short. By the way an inverted head and shoulder pattern is about to form, the price just needs to drop to the 22800 support play around and then the Inverted Head and Shoulder is formed. Then we look for a long breakout and long.
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BTC NOT BEEN ABLE TO SETTLE ON OR ABOVE THE $50,000 SUPPORT SHOWS A HUGE CORRECTION ABOUT TO TAKE PLACE, IT IS NEAR THE MINOR $43,000 SUPPORT WITH A STRONG SELLING PRESSURE WHICH CAN BE CONFIRMED BY THE TDIGM AND MACD INDICATORS. USING TIME TO ANALYZE THIS, THE LAST TIME WE HAD THIS HUGE CORRECTION WAS 12TH OF JANUARY WHICH TOOK BTC FROM A HIGH OF ~$42,OOO TO...
With the recent pump which went up to $9009, we are looking at a dump 1 hr 30 mins which will be at the support level of $8873.68, then a bounce up to the $9400 within the next 6 hours.
you can make short at the next dump.
The Moon is on the way.
#moonrace!
If the current support is broken we are looking at a dump which may be up to $8633.14 Then a moon-rise
The Bulls need to exercise a little patience before they make there move!
