Candle_Shark

Candle_Shark

One main area is still in play and it´s the 102k area. I think there was big movement just before 100k to people think that omg we are not going to 100k and make them sell and let them think that it might come down to 80k or even lower. And soon we go fast up over 100k and then everybody starts to FOMO big time and after it we make the big correction. What you...

Candle_Shark

If we play with ranges I see that if we are starting to lose this range 92k is possible. It is also my target for my another idea where we should go and retest our channel and then start next parapolic run.

Candle_Shark

If we take fib from last cycle top to the low we get fib 1.618 level to around 102k. And also if we think that it´s bullflag breakout the target is just there also. Best confluence ever?

Candle_Shark

I see in the charts clear level where we should go to retest and start to make next higher high. This 2800-2900$ level has been many times before support. There is also 0.5 fib level and naked PoC.

Candle_Shark

My first puplished analyse about Bitcoin. What I see is this massive channel that Daily candle is trying to close above. After it I think we gonna see the 100k area -> back to retest channel high and then start the last parapolic run to the upside.