We already seen $LINK reaching his previous ATH, here is what happened then ! The only good reference. 1. First, Bypassed prev ATH by ~6% 2. Followed with a dump of ~27% From the new ATH we got a dump of ~33% Nothing says it can happen also with $BTC, but a pullback of 30-40% is healthy for bitcoin.
Comparaison between JUNE 2019 chart and NOVEMBER 2020 chart. Reward me with a LIKE if you enjoy this work !
The right time to break this resistance and flip it to a support level after a fourth try since Oct 2019 ? We have also an iH&S pattern, will it be successful ? This is an important moment for Bitcoin. Please reward me with a LIKE if you get some benefit from this idea.
We have 2 iH&S preparing on the Daily/Weekly chart. H&S on the Daily (Small view) Bullish RSI Div (Small Timeframe) + CME Gap will drive the price to red area in order to execute first the H&S pattern, followed by down trend to Pink Area where Both iH&S will be executed at ~7.8k just above the trend line (Blue Line). If you find benefit on this theory, please...
We have 2 iH&S preparing on the Daily/Weekly chart. H&S on the Daily (Small view) Bullish RSI Div (Small Timeframe) + CME Gap will drive the price to red area in order to execute first the H&S pattern, followed by down trend to Pink Area where Both iH&S will be executed at ~7.8k just above the trend line (Blue Line). If you find benefit on this theory, please...
There is a possible H&S pattern on the daily chart ! And Bullish RSI Div on lower timeframes (ex: 4H). I expect some move up to 9k/9.2k/9.5k ... and then a downside to trend line (Blue Line ~= 7.8k). If you see any benefit on this post, please reward me with a "LIKE" !
If we close above 20EMA + 20MA + 0.618 FIB, we can see the price reaching the top of the descending range, if this one break as same as 200MA who is in the same level also ... expect bitcoin to fly. Otherwise, if the daily candle close below 20EMA+20MA+0.618 FIB, we are heading to ~8.2k/8k/7.8k. Please reward me with a "LIKE".
Hi In case we break 0.618 FIB and MA200 on the daily chart , expect the price to reach ~9.3/10.4k. Please "LIKE" for more chart analysis !
Bullish for BTC 4H chart: iH&S RSI Div We can reach or break resistances (Blue lines) on the image attached. Or come back to ~7.1k - Below in case of bad news, shitcoins scams, etc.
Are you Bullish or Bearish ?
If we break ~8100 (0.681 fib) resistance, we will hit 8.5k quickly. But before, we have to get some fuel to push the price up.