Hello, Skyrexians!
We hope you remember our previous
BTCUSDT analysis where we told you that Bitcoin will not go significantly lower than $77k. Now price is already at $85k and people now can't understand what is happening. We can see a lot of charts where traders are calling for bear market and further deep dive.
On the daily time frame we can see the clear picture. At $110k the previous impulse has been finished. Bearish divergence on the Awesome Oscillator and two red dots on the Bullish/Bearish Reversal Bar Indicator [Skyrexio] were the sign of large correction ABC. Now it has been finished with the confirmation with opposite signals. Moreover, wave C has been finished inside the Fibonacci target area. We are 90% sure now that Bitcoin is going to ATH now and this time it can happen with the altcoins growth.
Best regards,
Skyrexio Team
___________________________________________________________
Please, boost this article and subscribe our page if you like analysis!
We hope you remember our previous
BTCUSDT analysis where we told you that Bitcoin will not go significantly lower than $77k. Now price is already at $85k and people now can't understand what is happening. We can see a lot of charts where traders are calling for bear market and further deep dive.On the daily time frame we can see the clear picture. At $110k the previous impulse has been finished. Bearish divergence on the Awesome Oscillator and two red dots on the Bullish/Bearish Reversal Bar Indicator [Skyrexio] were the sign of large correction ABC. Now it has been finished with the confirmation with opposite signals. Moreover, wave C has been finished inside the Fibonacci target area. We are 90% sure now that Bitcoin is going to ATH now and this time it can happen with the altcoins growth.
Best regards,
Skyrexio Team
___________________________________________________________
Please, boost this article and subscribe our page if you like analysis!
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Disclaimer
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Access private PineScript strategies and turn alerts into orders with easy-to-set up bots
Trade smarter with:
skyrexio.com
Trade smarter with:
skyrexio.com
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.