Bitcoin show a possible resistance of the Bulls!!! Interesting!!
Hello traders and crypto-community. Today Bitcoin is show in H1 timeframe a possible up of the price, that mean that Buyers are more strongest and strenghten that offerents (sellers). Well, sellers show me that is weakness and buyers are defend the $9,200 USD, and also the shoulder head shoulder inverted are invalided and then, show a bullish channel in H1 timeframe, that mean a possible an indicator for buy Bitcoin at this zone. Also, I mark a strong support line, that if Bitcoin touch above of then, Bitcoin could to explode and appear a grat bull candlestick in some hours or included to complete this approximately elliot waves correction ABCDE analysis. As a reference, this buttefly bullish, could be a exceptional that Bitcoin has force to continue up.
So, based in the H4 timeframe, Bitcoin is valid the 0.618% of Fibonacci, and that mean that Bitcoin in each H4 candletick could to mean that Bitcoin could to explode!!!
And guys, in Daily this is a possible proyection that I mark as reference to following this model in Daily timeframe.
Now, very important based in the conduct of Bitcoin, Ethereum could to following the same example of Bitcoin do!!!
So, based in the H4 timeframe, Bitcoin is valid the 0.618% of Fibonacci, and that mean that Bitcoin in each H4 candletick could to mean that Bitcoin could to explode!!!
And guys, in Daily this is a possible proyection that I mark as reference to following this model in Daily timeframe.
Now, very important based in the conduct of Bitcoin, Ethereum could to following the same example of Bitcoin do!!!
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