due to bullish divergence 3 times I confirm it will go up fast very fast
V C P in my style retrace aroub=nd 61.8 to buy in among uptrend
rising wedge mean the first move is very strong followed by the consevative move that has little higher high (lack of power to move up_
classic resistance area with triangle then go down
both candlestick and pattern should act as a resistance +you should rely on the pattern that generate win ratio
assuming they form H&S diverge in action tight stop loss best set-up
parrarel upward then breaking 1891 level and move downwards
just because the supply use less time to put the price down (8bars 8 hours) in the other hand the demand use more time to go back to the highest level (32bars 32 hours) i mean supply use time less than demand use to put the price so the demand is weaken and can spot at the volume is decreasing meaning that the demand does not hurry to put the price up (i compare...
for those who has long from the bottom should close his position for those who don't have any position should wait and see (don't recommending short due to against the current (just few day) trend (you don't have to trade every time} just wait and see
1. volume down as sideway 2. same as bitcoin when going down to 35000 and many people draw triangle but it was not
if the retracement (X) land not too sleep and there reaction around 38.2 is strong that should be good sign for bull to continue let me check my knowledge if false i may have to further study
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bitcoin go to 34000 as i said
for stack of mine, i never like if go to this will go this and if don't break this, will go that i think technical analysis must give the ways it goes exactly and that's what i explore to you will go to 34,000