This is a continuation of the previous idea and you need to be very careful if the $41000 is broken. Additional content will be added in the comments.
A support line was formed in the short term, but if it is not supported and the purple line breaks, it will turn into a downtrend.
The white line is the neutral zone, the yellow line is the sell zone, and the green line is the buy zone. If the purple line is broken, a panic cell will occur. It is good to check the FAN through play for progress.
White line represents the center, and each line represents support and resistance. If the purple line is broken, be careful as the fall may be large.
Publish for chart playback. If bitcoin falls below $40000, I would think of it like this:
It appears to be a correction wave in the big time zone and will continue until it exceeds about $57,000.
Each line represents support and resistance. The white line is the neutral line. Bitcoin must not break $15,100 to maintain its upward trend.
Following the old idea, I updated the idea because I needed a bigger picture. In the white box section, bitcoin is likely to stay for a long time due to the period. If there is a change, I will comment below.
The point at which the Bitcoin upward trend breaks is 0.618 in GANN, which is about $7,500 to $7,800. If there is any change in the line that Bitcoin passes, I will leave a comment below.
Replace the preceding idea with a large category. If there is any change, I will add it as a comment.
Correction of time error range and Fib Retracement Re-upload to see progress.
I posted a new analysis because I had to proceed from a time zone perspective. On the fractal side, I initially thought I was wrong because the Fib Retracement ratio was not right, but first time MA's disparity was offset by a fall and the other by a faltering.
Since there is a downward trend following the previous one, I am attaching it to see the progress.
Buying Zone : 6230 ~ 6430 Stop loss : 6140 Primary selling target : 7057 If the stop lose is broken, there is a possibility that it will go at a price of 5k.
Modify existing ideas and set the target price to near $7,600.
This is a detailed description of the idea followed by the preceding one. Posted to see progress.
The fall has paused since bitcoin's dumping in the first quarter, but the low point appears to have not been renewed. If the red line breaks, there will be a long market slump, at least half a year.
This is the flow expected before next week's stage following the previous flow.