the Consolidation will break shortly, I don't believe we will see many candles within that pattern anymore if btc shows some volatility. the current setup favours the BULLS all the way. The bears will need a drastic shut down at resistance to scare bulls back down. Monthly opening candle starts today, and weekly candles look ready for leg up continuation.
SHOW ME...
Hi guys here's an other Elliott wave option on bitcoin. I don't think we will go lower than that, we have good support between 9 & 8k and I think a lot of buyers are waiting those levels to start buying. Worst case scenario for me bitcoin would drop all the way down to 6-6.5k zone but it's highly unlikely to happen. I don't think the correction is over yet tho, I...
If price hold here, I think we have ourselves a healthy 2nd Bull Flag by my noob chart. I think that means consolidation? First bitcoin purchase: this month
I'm 100% new to bitcoin and crypto all together. I started watching the price of bitcoin about 2 1/2 weeks ago and created a "lane of healthy growth". Just as we broke out of the latest bull flag, bitcoin started moving up in price. At the time of this post, Bitcoin is dead center of my lane and looking healthy. First Bitcoin purchase ever; June 19, 2019.
