Hello everybody, The same fractal as always if you remember our previous analysis * Fractal *
On the left this is our prediction before
Look to the right you'll see the same movement inside falling wedge i think bitcoin gonna do the same action as before , to touch his targets (3860 - 3970)
Bitcoin also re-tested the broken up-trend and still touching it this give us a good signal that the next price action will be the break-out
in my opinion to avoid any risk you can wait for the break-out , so set your order above the down-trend (3630 - 3640) zone therefore we also avoided the pump without us with the pending order
Good luck
Dont forget to press Like if you see this analysis helpful
On the left this is our prediction before
Look to the right you'll see the same movement inside falling wedge i think bitcoin gonna do the same action as before , to touch his targets (3860 - 3970)
Bitcoin also re-tested the broken up-trend and still touching it this give us a good signal that the next price action will be the break-out
in my opinion to avoid any risk you can wait for the break-out , so set your order above the down-trend (3630 - 3640) zone therefore we also avoided the pump without us with the pending order
Good luck
Dont forget to press Like if you see this analysis helpful
Note
On the right side after the break-out we re-tested the trend again ,This is a good signal but still low volume , anyway our order still pendingNote
Very bad reaction i think we’ll not complete ... we have 2 days above the broken falling wedge and we didn’t move but anyway we’re still watching and if you in i think you have to sell now until we break-out 3660 zone to reach our main targetsNote
Simple analysis ,, Just follow these channels and your target the down-trend We should break 3660$ first to reach 3800 - 3900 , Entry above the first trend
For the second time streak of selling bitcoin in the highest point then dump after it
Note
Alt coins started to dump and this is normal , I think if bitcoin wanna move up this will be the last move for it before the big dumpEntry zone should be on the down-trend of the channel ( 3380 ) .. STOP-LOSS 3345
Your entry is optional for this trade because market is unstable
Note
I see a bullish divergence on 15M time frame ... You can buy now with stop-loss under 3350$Note
Hahaha touched 3380$ Accuracy 100%
Note
We've touched the support trend now our targets * Blue lines * STOP-LOSS: Under the support 3330$
We have to break-out the first down-trend to reach the second one
Note
First target done 3500$ Now i see a bearish flag could take us to 3300$ zone so we can buy again from this zone
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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.