BTC (Bitcoin) | Still Bullish in Weekly Chart..!!
Updated
BTC (Bitcoin)
Yesterday I Was Busy in Some Personal Woks, That's why didn't Update on Weekly Closing..!!
Last Week BTCUSD Did Awesome Job After bullish News From China..Fresh Money Coming From China (Good For Crypto Market Growth)
According to Chart, Bullish FLAG Already Broke Out & Now Testing the EMA20 (Red Line) ..
If Hold This (Weekly EMA20) Then I'm Expecting Another Bounce up in Next week..If Didn't Hold the EMA20 Then It Might Test the FIB50 Level (8600)..
At The Moment, 9600 is the Strong Resistance & 8600 & 9000 both Are Strong Support Levels (So Keep Your Eyes on These Levels in Both Scenarios..)
My Target For November is 12k (If Follows my Plan)
Bitcoin DAILY Chart..!!
In DAILY Chart , BTC is Holding the EMA100 line After Falling Channel Higher Resistance Rejection..(10200)
Let's Take a Look on BTC Dominnace.!!
At the moment, Bitcoin Dominance is PLAYING Very Important Role For Alts/BTC Growth or decline.
BTC Dominance Has Broke out The Falling Wedge on 20th OCT & after Retest, Increase Rapidly on 24th OCT (That's the Only Reason For ALTS Crash..Now it's Decreasing & ALTS/BTC Are Recovering Slowly.)
Please, give us your opinion in the comments.!!
If you like the idea, please, hit the Like button and subscribe to the profile in order not to miss our updates.
Join Telegram Channel for more analysis - t.me/CryptoCove
The information given is never financial advice. Always do your own research.
Yesterday I Was Busy in Some Personal Woks, That's why didn't Update on Weekly Closing..!!
Last Week BTCUSD Did Awesome Job After bullish News From China..Fresh Money Coming From China (Good For Crypto Market Growth)
According to Chart, Bullish FLAG Already Broke Out & Now Testing the EMA20 (Red Line) ..
If Hold This (Weekly EMA20) Then I'm Expecting Another Bounce up in Next week..If Didn't Hold the EMA20 Then It Might Test the FIB50 Level (8600)..
At The Moment, 9600 is the Strong Resistance & 8600 & 9000 both Are Strong Support Levels (So Keep Your Eyes on These Levels in Both Scenarios..)
My Target For November is 12k (If Follows my Plan)
Bitcoin DAILY Chart..!!
In DAILY Chart , BTC is Holding the EMA100 line After Falling Channel Higher Resistance Rejection..(10200)
Let's Take a Look on BTC Dominnace.!!
At the moment, Bitcoin Dominance is PLAYING Very Important Role For Alts/BTC Growth or decline.
BTC Dominance Has Broke out The Falling Wedge on 20th OCT & after Retest, Increase Rapidly on 24th OCT (That's the Only Reason For ALTS Crash..Now it's Decreasing & ALTS/BTC Are Recovering Slowly.)
Please, give us your opinion in the comments.!!
If you like the idea, please, hit the Like button and subscribe to the profile in order not to miss our updates.
Join Telegram Channel for more analysis - t.me/CryptoCove
The information given is never financial advice. Always do your own research.
Note
In Weekly Chart, Forming Bullish Flag Pattern As Well..That Means, We Could See New ATH in Earlier 2020 or End of 2019.
Follow me On Twitter & Telegram For More Regular Updates..!!
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t.me/Captain_FX
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twitter.com/CryptoFaibik
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